Unit 1- DemandIs it a good deal to get a ________?This unit will cover the basic economic concepts of scarcity, demand and the law of demand. In the unit, we will analyze:1. The law of demand and how it connects price and quantity.2. What factors cause demand to shift.3. How those shifts affect both the price, and buyer's willingness to purchase an item.
Unit Plan:Essential Vocabulary
Law of Demand
Documents and ResourcesChicken Feathers Reading (audio file) (you'll probably have to save it and then open it with Windows Media Player) Videos From Khan Academy