Activity 01
Pairs Graphing: Demand Curve Construction
Provide pairs with a demand schedule table showing prices and quantities for a product like smartphones. They plot points on graph paper to draw the curve, label axes, and predict quantity demanded at a new price. Pairs then share one key feature with the class.
Explain the law of demand and its graphical representation.
Facilitation TipDuring Pairs Graphing: Demand Curve Construction, circulate and ask each pair to explain why their curve slopes downward, prompting them to reference income and substitution effects.
What to look forProvide students with a short scenario: 'The price of coffee beans increases significantly.' Ask them to: 1. State how this affects the quantity demanded of coffee, referencing the law of demand. 2. Draw a demand curve for coffee and show the effect of the price change as a movement along the curve.