OBSERVATION G9

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LO-

1. Define demand and distinguish it from desire using real-life examples

2. Apply the law of demand to real-life situations

3. Construct and interpret a demand schedule and demand curve using given data

Are you ready to become a scientist?

Write your own short definition of “Demand”

Define demand and distinguish it from desire using real-life examples

Law of Demand

What is the relationship between price and quantity demanded according to the Law of Demand?

LO

Apply the law of demand to real-life situations

A planned list or arrangement

LO

Construct and interpret a demand schedule and demand curve using given data

A curve is a graphical representation of economic data.

Y

X

PRICE

Qty Demanded

PLENARY

Students write on a small slip/notebook:

• 2 things I learned about demand

• 2 examples of demand in real life

• 1 question I still have

HOME WORK

1. Choose any product (e.g., chocolate, mobile data, juice, etc.)

2. Create an imaginary demand schedule showing different prices and quantity demanded

3. Draw the demand curve based on their table.

4. Write 2–3 lines explaining how price affects demand

EXTENDED LEARNING ACTIVITY

Find one news/article about a product (fuel, food, mobile data, electronics) and:

• Note the price change

• Write how demand changed

• Give one example of Law of Demand from real life