Curated OER
Why Is a Demand Curve Downsloping? The Law of Diminishing Marginal Utility
Challenge your class with this economy worksheet. Learners plot information on a demand curve, fill in a table of marginal utility, solve problems, and answer questions.
Curated OER
Consumer Surplus Lesson Plan: 1 X 1 Hour Lesson
Students investigate the concept of consumer surplus as it relates to economic policy and decision making. They determine the difference between the value they place on something as compared to the price that they actually pay for it...
Curated OER
Consumer Surplus
Learners examine the meaning of the term consumer surplus, and apply the concept to various scenarios.
Sophia Learning
Sophia: Producer and Consumer Surplus
By using notes and supporting videos, tutorial helps students to acquire an understanding of producer and consumer surplus and to be able to calculate it.
Texas Education Agency
Texas Gateway: Ap Macroeconomics: Demand, Supply, and Efficiency
By the end of this section, you will be able to contrast consumer surplus, producer surplus, and social surplus; explain why price floors and price ceilings can be inefficient; and analyze demand and supply as a social adjustment mechanism.
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...
Khan Academy
Khan Academy: The Effect of Government Interventions on Surplus
Practice what you have learned about the impact of price controls and quotas on consumer surplus, producer surplus, total surplus, and dead-weight loss in this four-question exercise.
Khan Academy
Khan Academy: Consumer and Producer Surplus and Allocative Efficiency
Practice what you've learned about consumer and producer surplus in this four-question exercise.
Other
Marginal Value, Marginal Utility, & Consumer Surplus
"Chapter 4: The Consumer: Marginal Value, Marginal Utility, and Consumer Surplus" by David D. Friedman discusses and analyzes the consumer who buys many goods.