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UNIT 2 - PROJECT: SUPPLY & DEMAND POSTER Name: ________________ Period: ____ DUE: __________

-------------------------------------------------------------------------------STANDARD: SSEMI3: The student will explain how markets, prices, and competition influence economic behavior.
a. Identify and illustrate on a graph factors that cause changes in market supply and demand.

TASK: Using pictures from the Internet and/ or magazines, you will create a poster that demonstrates your knowledge of factors that cause changes (or shifts) in DEMAND and factors that causes changes (or shifts) in SUPPLY. DUE DATE: Your completed poster is due at the beginning of the period on the day the class takes the Chapter 5 Test. Upon entering class, you will place your poster in the designated area. Projects will not be accepted earlier (including on the due date). GRADING: The project counts the same as a major test. Late projects lose 20 points per day. A project is late if it is not turned in at the beginning of the period on the due date. See rubric for more grading details. OTHER NOTES: All work should be done outside of class. I n the spirit of fairness, do not ask to use my things (tape, scissors, printer, etc). I cannot assist one student without assisting all students. Do not wait until the night before to start. In an effort to discourage this, there will be a one week window open to give everyone the opportunity to discuss issues relating to this project. To receive full credit, follow the specifications below: Your poster should have a total of 6 pictures: 4 pictures representing changes in DEMAND (see pages 109-113 in your textbook) 2 pictures representing changes in SUPPLY (see pages 148-151 in your textbook) Each picture should be accompanied by the following: a complete explanation of the change a detailed description of how your picture relates to the change a graph showing the change and the direction of change TODAY: Write your name, period, and due date at the top of the page. Before you enter class on the due date, cut (do not tear) the top portion of this sheet (along the dashed line) and attach it to the back of your poster. This information should not appear anywhere else on the poster.

RUBRIC
The following rubric will be used to assess your project
P E DEMAND FACTOR 1 Included 5 points DEMAND FACTOR 2 Included 5 points DEMAND FACTOR 3 Included 5 points DEMAND FACTOR 4 Included 5 points SUUPLY FACTOR 1 Included 5 points SUPPLY FACTOR 2 Included 5 points APPEARANCE/ FOLLOWING DIRECTIONS R 5 points 5 points 5 points 5 points 5 points 5 points G 5 points 5 points 5 points 5 points 5 points 5 points 10 points Total Points 15 15 15 15 15 15 10 100

FINAL GRADE (TOTAL POINTS) P = Picture (no picture = zero points for entire factor) E = a complete explanation of the change R = a detailed description of how your picture relates to the change G = a graph showing the change and the direction of change (Points in rubric are highest points possible)

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