Tuesday, September 27, 2016

Economics: Supply & demand

Quiz next Tuesday, Oct. 4. Format: short answer.

Supply & demand: Real world connections 
Read articles that show changes in supply or demand. Analyze the articles’ summaries and translate the content to the analysis of demand, supply, quantity demanded and quantity supplied, and market equilibrium. 

1. Read article: U.S. DVD Sales Continue to Slide as Digital Viewing Soars


2. Listen to report (Arby's demand and drought impact brisket): Brisket shortage has Texas BBQ lovers facing rising costs


3. Read article (oversupply of oil because of increased production): Oil price falls to six-year low on supply glut


4. Read article (Ghana and cocoa production): Chocolate Lovers


5. Read article: Hyundai falls 4% as small cars...



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