Curated OER
Demand and Supply—It’s What Economics Is About!
In this economics lesson, students examine the principle of supply and demand related to the oil market as they identify factors that cause curves and shifts and determine equilibrium. Upper graders read an informational article and use...
Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
Council for Economic Education
I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
Curated OER
Market Basics: Demand, Supply, and Price Determination
Young scholars are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when...
Curated OER
Market Structure
Students examine the different types of market structures. They analyze these structures using diagrammatic representations.
Curated OER
Market Game in Oil
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
Curated OER
Surpluses, Shortages, and Equilibrium
Students review and discuss the meaning of equilibrium. As a class, they participate in a game of "The Price is Right" in which they guess the true market price of various items. They explain how shortages and surpluses tend to force...
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
Chapter 15: Monetary Policy
Even well-versed economists will appreciate the clarity and cohesiveness of this presentation. Covering monetary policy and open-market operations with bullet points and graphs, these slides would be a good addition to both a basic and...
Curated OER
Price Controls: Prescribed Drugs in North America
Students examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the price...
Curated OER
Demand and Supply-It's What Economics Is About!
Young scholars engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual...
Curated OER
Fitness Day
Students develop skills and a comfort level in interpreting economic concepts through graphic analysis.
Curated OER
Chapter 23: Pure Competition
Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...
Curated OER
Microeconomics Summary
Twelfth graders study microeconomics. In this Economics lesson, 12th graders draw graphs on government taxes. Students decide if these graphs are true or false.
Curated OER
In the Chips
Learners explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
Curated OER
Supply and Demand
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply and...
Curated OER
A LOT OF THIS FOR A LITTLE OF THAT
Students describe the import and export of agricultural products and gain a comprehension of the concept of supply and demand. They discuss exports and imports. Students have small world maps on each desk, they identify the countries...
Curated OER
The Economics of Valentine's Day
Students develop an understanding of the determinants of supply and demand. They use this understanding to explain changes in how supply and demand affect the price and the quantity exchanged of roses.
Curated OER
What is Entrepreneurship?
Eighth graders describe the entrepreneurial process and how it relates to the economy. They work together in small groups to answer questions and participate in small business groups. They use the internet to gather information as well.
Khan Academy
Khan Academy: Market Equilibrium, Disequilibrium, and Changes in Equilibrium
In 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 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.
Council for Economic Education
Econ Ed Link: Economics in the Headlines
Young scholars learn how to identify headlines in the news and current events as illustrations of problems in supply and demand. Students will be linked to news sites to create their own analysis of supply and demand issues in problems...
Council for Economic Education
Econ Ed Link: The Prices Are Changing
This lesson will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 3)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....