University of Groningen
American History: Outlines: Output of Goods and Services
Almost two-thirds of the nation's total economic output consists of goods and services bought by individuals for personal use. The remaining one-third is bought by government and business. Because of this ratio, the nation is sometimes...
PBS
Pbs Learning Media: The Power of Developers
This Wide Angle video features a peasant family in China that is caught in a land rights dispute with no apparent solution in sight.
Wikimedia
Wikipedia: Supply and Demand
Provides a full and in-depth description of the theories of supply and demand.
Wikimedia
Wikipedia: Market Economy
Explains what a market economy is, forms of capitalism and forms of market socialism.
Other
South Western Learning: Econ News: The Market System Study Guide
South-Western College Publishing offers an outline written as a study guide for an exam, which gives basic definitions of different aspects of a market economy, graphs and examples, and sample study questions at the bottom.
Other
Amos Web Gloss Arama: Market Equilibrium
This economic glossary site gives a basic definition of market equilibrium.
Other
Sukromne Gymnazium: The Study of Economics [Pdf]
An introduction to basic concepts in beginning economics.
University of Nebraska Omaha
Ecedweb: Explorations in Economic Supply, Part I
Examines how supply relates to economic decision making. Using the example of purchasing blue jeans, students take the role of producer to determine how many blue jeans they would supply to the market. Includes links and discussion...
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.
Travel Document Systems
Tds: Cape Verde: Economy
Although Cape Verde has limited natural resources, read about the great strides it has made in developing a functional economy. Information is from the U.S. State Dept. Background Notes.
Council for Economic Education
Econ Ed Link: Work, Earnings and Economics: Using Lyddie by Katherine Paterson
In reading and discussing Lyddie, by Katherine Paterson, students examine basic economic concepts and explore the growth of labor unions and the role of government in a market economy.
Council for Economic Education
Econ Ed Link: The Choice Is Us: Monopolies
This instructional activity introduces the concept of monopoly. It calls upon learners to consider how monopoly power might affect the quality and price of goods and services offered to consumers. In light of what they learn about the...
Council for Economic Education
Econ Ed Link: To Buy or Not to Buy
While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Consumers seem to be besieged by requests from special interest groups to refrain from buying certain goods and...
University of Nebraska Omaha
Ec Ed Web: How Can Entrepreneurs Control Costs?
This economics activity explores what influences producers to supply in regard to demand. It examines fixed and variable costs, how such costs can be reduced, and how they influence production. Includes printable worksheets.
Council for Economic Education
Econ Ed Link: Widget Production: Producing More Using Less
Through this economics lesson you will learn about widget production. One of the tasks is to see how productivity can help solve problems.
University of Nebraska Omaha
Ecedweb: Explorations in Supply, Part Ii
In this economics tutorial, you as a producer have to determine how much of a given product you should make.
Council for Economic Education
Econ Ed Link: Nothing to Buy
This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...
University of Nebraska Omaha
Ec Ed Web: Characteristics of a Market Economy
A reference sheet to accompany an economics lesson (see link at bottom). Describes the main characteristics of a market economy.
Council for Economic Education
Econ Ed Link: Traditional Economies and the Inuit
The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Students will...
Council for Economic Education
Econ Ed Link: Keynes vs. Hayek: The Rise of the Chicago School of Economics
Economic freedom is freedom from government intervention in the production and distribution of goods and services. After World War II, governments were trying to rebuild their economies from the ground up. They looked to the ideas of the...
Practical Money Skills
Practical Money Skills: Market Economy
In a market economy, the principles of supply and demand determine what is produced, how it is produced, and by whom it is produced and consumed. Learn how planned economies and mixed economies differ.
Alabama Learning Exchange
Alex: Writing Roulette: Walmart Sells Everything!!!
As a part of the study of Economics, the students will cooperatively write an essay using terms associated with the basics of economics. In cooperative learning groups of four students will use a word list and prior knowledge to...
Investopedia
Investopedia: Governments' Influence on Markets
A look at how the government affects the markets and influences business in ways that often have unexpected consequences.
Practical Money Skills
Practical Money Skills: Recession
Learn about recessions, periods of economic slowdown often marked by high rates of unemployment, plunging stock prices, lower corporate profitability, and consumer anxiety.