Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
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: Lesson Summary: Banking and the Expansion of the Money Supply
This lesson summary from Khan Academy is intended for young scholars who are taking the AP Macroeconomics course. In this lesson summary will review key terms and calculations related to fractional reserve banking, required reserves,...
Council for Economic Education
Econ Ed Link: Tapped Dry: How Do You Solve a Water Shortage?
Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one...
Khan Academy
Khan Academy: Law of Demand
If the price of something goes up, people are going to buy less of it.
Council for Economic Education
Econ Ed Link: The Economics of Recycling
Students will review the legislation in Japan that requires all consumers to pay a fee for recycling large appliances.
Texas Education Agency
Texas Gateway: Ch. 12: The Policy Implications of the Neoclassical Perspective
By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the...
Texas Education Agency
Texas Gateway: Chapter 12: Balancing Keynesian and Neoclassical Models
By the end of this section, you will be able to do the following: Evaluate how neoclassical economists and Keynesian economists react to recessions and Analyze the interrelationship between the neoclassical and Keynesian economic models.
University of Minnesota
University of Minnesota: 2.1 Factors of Production: Principles of Economics
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Khan Academy
Khan Academy: Keynes' Law and Say's Law in the Ad/as Model
Compare Keynes's and Say's law in the context of aggregate supply and demand.
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: Lesson Summary: Changes in the Ad as Model in the Short Run
In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...
Khan Academy
Khan Academy: Determinants of Price Elasticity and the Total Revenue Rule
Practice what you've learned about the relationship between price elasticity of demand and total revenue in this exercise. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
Khan Academy
Khan Academy: The Building Blocks of Keynesian Analysis
Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks: recessions occur when...
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for students who are taking a college-level microeconomics course.
Khan Academy
Khan Academy: Law of Supply
If the price of something goes up, companies are willing (and able) to produce more of it.
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.
Khan Academy
Khan Academy: Price Ceilings and Price Floors
This article discusses how quantity demanded react to artificial constraints on price.
Council for Economic Education
Econ Ed Link: Those Golden Jeans
Check out this informative economics lesson plan designed to review the three productive resources--natural resources, human resources, and capital resources--needed to produce goods and services.
Other
South Western Learning: Oligopoly/monopolistic Competition: Kinked Demand Curve
This South-Western College Publishing website describes a situation in which oligopolistic firms vie for competition among consumers.
Council for Economic Education
Econ Ed Link: Marketplace: Price Increase or Price Gouging?
Students learn about price-gouging. Using a hypothetical post-disaster example, they will learn more about supply and demand, as well as the complexities associated with price increases in a supply-constrained market.
Khan Academy
Khan Academy: The Market Model
This study resource will help students understand, and create, graphs that are critical skills in macroeconomics. This article reviews the market model. This resource is designed as a review for the AP Macroeconomics Test or a...
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...
Texas Education Agency
Texas Gateway: Ap Macroeconomics: Chapter 8: The Confusion Over Inflation
By the end of this section, you will be able to do the following: Explain how inflation can cause redistribution of purchasing power, Identify ways inflation can blur the perception of supply and demand, and Explain the economic benefits...
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