Curated OER
The Canada-US Auto Industry Simulation and Economies of Scale
Students examine the U.S./Canadian trade relationship. In this economics lesson, students participate in a simulation that requires them to use economies of scale to trade laterally.
Curated OER
Economies of Scale
Students define economics of scale as it applies to the electronic industry. They determine how some industries benefit from being very large not just from offering bulk buying.
Tutor2u
Tutor2u: Long Run Costs
A comprehensive, yet sophisticated explanation of long run costs of production. Includes charts and graphs to illustrate key points and concepts. Somewhat advanced in places.
Texas Education Agency
Texas Gateway: Chapter I: Welcome to Economics!: Key Terms
This is a list of economics key terms and definitions used in Chapter I: Welcome to Economics! of the TEA AP Macroeconomics online text.
Khan Academy
Khan Academy: The Structure of Costs in the Long Run
In the long run, you can change anything about your business, so all costs are variable.
Khan Academy
Khan Academy: Long Run Production Costs
Practice what you have learned about long-run production costs and the relationship between the long-run average total cost curve and economies of scale, diseconomies of scale, and minimum efficient scale in this exercise.
Khan Academy
Khan Academy: Increasing, Decreasing, and Constant Cost Industies
Practice what you have learned about the effect of economies of scale on cost and prices in this exercise.