Wednesday October 7, 2015 Mr. Goblirsch – Economics OBJECTIVE – Students Will Be Able To – SWBAT: - Present and sell their business to the class in an effort to create demand for their good/service. AGENDA: WARM-UP: Demand Situations Business Project Presentations CURRENT EVENTS: Disneyland Article Demand Situations WARM-UP: (Follow the directions below) ***5 minutes*** Describe what you think will happen to the demand of each of these products. Would it be a change in demand or quantity demanded. Explain your reasoning. Flip-flops in November Sweatshirts in November Kids’ toys during November/December Tank tops on sale during the winter Vegetables since the drought has created a shortage and higher prices

BUSINESS PRESENTATIONS – 4th WEDNESDAY THURSDAY # GROUP MEMBERS 1st Blanton, Jas, Alyssa, Victor Beatriz, Heredia, Daniel, 2nd Noe, Breanna, Daisy, Uriah Alex, Jairo, Efren 3rd Ana, Israel, Marcos Luis x 2, Briana, Alvin 4th Esmeralda, Hector, Abigail, Bunchhay Alyssa Godinez, Xiomara, Tristin, Arturo 5th Austin, Galindo, Alyssa Garcia, Cristina

BUSINESS PRESENTATIONS – 5th WEDNESDAY THURSDAY # GROUP MEMBERS 1st Isaac, Austin, Alan, Abrahan Annie, Destiny, David, Blake 2nd Armani, Prime, Jade, Abigail Issac, Isai, Calie, Celeste 3rd Jewel, Elena, Monae Angela, Brandon, Amran, Knights 4th Jatin, Suhkman, Alex, Sergio Margarita, Estteffany, Chelsea, Michelle 5th Dania, Oscar, Erik, Jasmine

Business Project Grading PART 1 Structure - _______ 30 Points (5 points each) ___ Title/Cover Page ___ Mission Statement ___ Type: Sell/Produce ___ Location ___ Employees ___ Summary Creativeness - _______ 15 Points Presentation - _______ 15 Points PART 1 TOTAL = _______ 60 Points PART 2 PART 2 TOTAL - _______40 Points PROJECT TOTAL = __________ 100 Points

CURRENT EVENTS: Disneyland Article DIRECTIONS: Read the article with your partner. Closely Read the text. AS YOU READ, LOOK FOR: Highlight Economic concepts Annotate what economic concept it is that you highlighted Authors claims and evidence DISCUSSION QUESTIONS: According to the article, what did Disneyland do? According to the article, why did Disneyland raise their prices? What do you predict will happen to the demand for Disneyland annual passes based off the information in this article? Do you predict the demand for Disneyland annual passes will drop by a lot, or only by a little? Based on what you predicted, would you say the demand for Disneyland annual passes is elastic or inelastic?