Curated OER
Chapter 3: Individual Markets, Demand & Supply
Supply and demand, one of the most fundamental topics in economics, is the focus of this presentation. Cascading through detailed graphs and defining the law of demand, as well as the demand and supply schedules, this slideshow is sure...
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
Chapter 21: Consumer Behavior and Utility Maximization
Who knows why consumers act the way they do? After viewing this presentation, your class will - and they will also know how to optimize consumer behavior. Prepare your young captains of industry for their place in the world of business...
Council for Economic Education
Econ Ed Link: Utility
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.
Khan Academy
Khan Academy: Lesson Overview Total Utility and Marginal Utility
This lesson focuses on total utility and marginal utility including definitions and examples.
Khan Academy
Khan Academy: Total Utility and Marginal Utility
Practice what you've learned about total utility, marginal utility, and the law of diminishing marginal utility in this four-question exercise.
Khan Academy
Khan Academy: Cost Benefit Analysis
Practice what you have learned about total utility, marginal utility, total revenue, and costs 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.