Curated OER
Market Equilibrium Writing Exercise
For this economics worksheet, learners read 6 scenarios about market equilibrium and then select one of them to write about. Students draw demand and supply curves to accompany their written answers.
Massachusetts Institute of Technology
Mit: Open Course Ware: Principles of Microeconomics
An introductory course in the fundamentals of microeconomics. Includes a list of suggested readings, lecture notes, assignments, and exams.
Econoclass
Econoclass: Frozen Price Game
This game helps students to understand the concepts of changing supply, changing demand, and equilibrium price, as the price of bags of ice changes after a hurricane has swept through a community.
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
Saint Joseph's College: Supply and Demand Buyer Equilibrium
Summarizes buyer equilibrium. Then click Next button at the bottom to learn about seller equilibrium as well as shortages & surpluses.
Wikimedia
Wikipedia: Supply and Demand
Provides a full and in-depth description of the theories of supply and demand.
Other
Amos Web Gloss Arama: Market Equilibrium
This economic glossary site gives a basic definition of market equilibrium.
University of Colorado
University of Colorado: Summary Table of Market Equilibrium
Chart that shows what happens to equilibrium price and quantity when both supply and demand remain constant or shift.
The Environmental Literacy Council
Environmental Literacy Council: Supply and Demand: How Markets Work
An article on supply and demand and how markets work. Related links for teachers.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Supply & Demand
Highlights basic concepts such as the law of supply and demand, changes in demand and supply versus changes in the quantity demanded and the quantity supplied, the determinants of demand and supply, and market equilibrium.
Khan Academy
Khan Academy: Lesson Summary: Long Run Self Adjustment in the Ad as Model
In this lesson summary review, remind yourself of the key terms and graphs related to the long-run self-adjustment mechanism. The long-run self-adjustment mechanism is one process that can bring the economy back to "normal" after a...
Khan Academy
Khan Academy: Market Equilibrium
The actual price you see in the world is a balancing act between supply and demand.
Khan Academy
Khan Academy: Externalities: Foundational Concepts
Practice what you have learned about identifying externalities and using graphs to identify both market equilibrium and socially optimal outcomes in this exercise.
Khan Academy
Khan Academy: Market Equilibrium and Disequilibrium
Practice what you have learned about how a market generates an equilibrium price and quantity, and the cause of surpluses and shortages in this exercise.
Khan Academy
Khan Academy: Market Equilibrium
Practice what you've learned about finding equilibrium price and quantity both intuitively and graphically in this exercise.
Khan Academy
Khan Academy: Market Equilibrium, Disequilibrium, and Changes in Equilibrium
For this lesson summary review and remind yourself of the key terms and graphs used in the analysis of markets. Topics include how to use a market model to predict how price and quantity change in a market when demand changes, supply...
Khan Academy
Khan Academy: Changes in Equilibrium
Practice finding a new equilibrium price and quantity when supply changes, demand changes, or both supply and demand are changing simultaneously.`This resource is designed as a review for the AP Microeconomics Test or a college-level...
Khan Academy
Khan Academy: Changes in Equilibrium
Practice more challenging questions about changes in market equilibrium that happen when supply or demand (or both!) change in this exercise. This resource is designed as a review for the AP Macroeconomics Test or a college-level...
Khan Academy
Khan Academy: Changes in Equilibrium Price and Quantity: The Four Step Process
Analyze some step-by-step examples of shifting supply and demand curves. This resource is designed for students who are taking a college-level microeconomics course.