this is a presentation for applied economics for 3rd quarter. Lesson for Demand and Supply.

1. Applied
JAY VEE Q. GARALDE
Economics

2. Supply
Deman
d
Understandi
ng
an
d

3. Directions: Analyze the graph and answer the questions below.
Part I. GRAPH
ANALYSIS
a) Locate the EQUILIBRIUM POINT on the demand and supply graph, Put a
point on the graph
b) If the price is above the equilibrium level, what could you predict with the
demand and supply?_____________
c) If below the equilibrium point what could you predict with the demand and
supply?___________

4. Directions: Analyze the graph and answer the questions below.
Part I. GRAPH
ANALYSIS
a) Locate the EQUILIBRIUM POINT on the demand and supply graph, Put a
point on the graph

5. Identify the following problems that may exist in the local and global economies during
production of goods and services. Choose from the factors below.
Questions: If the economic problem is focused on
1. ____ the legalities of the production
2. ____ the nature of goods to produce
3. ____ the allocation of the products among members of the society
4. ____ the method of production of products
Identification:

6. Fill in the Blanks

7. or the amount of good or service
consumers are willing to purchase at
each price. If consumers cannot pay for
it, there is no effective demand.
DEMAND
is what a buyer pays for a unit of the
specific good or service.
PRICE
The total number of units purchased at that price is
called the quantity demanded

8. is a key economic principle that explains how the
price and quantity of goods in a market are
determined by their availability (supply) and
consumers' desire for them (demand).
Supply and Demand

9. Law of Demand
As prices rise, people tend to
buy less of a product; as
prices fall, people tend to buy
more.

10. Law of Demand
“the higher the price, the lower
the quantity demanded” and
vice versa

11. Law of Supply
The law of supply
demonstrates the
quantities that will be sold
at a given price

12. Law of Supply
“the higher the price, the higher
the quantity supplied and vice
versa”

13. How Do Supply and Demand
Create an Equilibrium Price?

14. ACTIVITIES:

15. ACTIVITIES:

16. ASSESSMENT:
Directions: Analyze this problem. The following data were taken from an
invoice of Company X. The company imports gasoline from other country.
The Law of Demand and
Supply
1.Plot or graph the data. Interpret the results.

17. ASSESSMENT:
The Law of Demand and
Supply
2. Plot or graph the data. Interpret the results.

18. ASSESSMENT:
The Law of Demand and
Supply
3. using the data from the Demand and Supply
a) Determine the equilibrium point of the demand and supply curves

19. HOMEWORK:

20. Four Market Behaviors
supply can decrease
supply can increase
demand can decrease
demand can increase

21. Thank you
listening!
for