Curated OER
Economic Problems and Adjustments
This packet does not contain problems for students to solve, however it provides a complete description of the allocation of resources in a competitive market. One could send this resource home as an assigned reading or have students...
Sophia Learning
Sophia: Concept of Demand
A series of resources provided to teach students the concept of demand and demand curve shifts. After taking notes, students can view two video segments to help clarify the concept.
Robert Schenk, PhD
More About Demand
This essay provides a good description of normal goods, inferior goods, substitutes, and complements, and how these are each related to the law of demand.
Wikimedia
Wikipedia: Giffen Good
This site explains the conditions that must exist in order for a good to be classified as a Giffen Good. It also gives examples of times when a good could become a Giffen Good, e.g., potatoes during the Irish Potato Famine.
Council for Economic Education
Econ Ed Link: What Happened to Railroads?
Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral part of people's lives. In this lesson, students assume the role of detectives investigating why the rail companies...
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 3)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
University of Nebraska Omaha
Ec Ed Web: Explorations in Economic Demand
This site provides an analysis of the theory of demand, and determinants that can cause a shift or change in demand.
Khan Academy
Khan Academy: Price Elasticity of Supply and Its Determinants
Practice what you've learned about price elasticity of supply and the determinants of price elasticity of supply in this four-question exercise.
Khan Academy
Khan Academy: Demand
Four-question exercise on demand, the law of demand, and the determinants of demand.
Khan Academy
Khan Academy: Demand and the Determinants of Demand
Practice what you've learned about demand, quantity demanded, the determinants of demand in this four-question exercise.
Khan Academy
Khan Academy: Lesson Summary: Demand and the Determinants of Demand
In this lesson summary review and remind yourself of the key terms, graphs, and calculations used in analyzing the demand for the good. Review the distinction between demand and quantity demanded, the determinants of demand, and how to...