Curated OER
Supply, Demand, and Prices Worksheet
In this economics worksheet, students use their problem solving skills to respond to 34 questions about supply, demand and prices.
Curated OER
Handling Data: Probability, Chase Me game
Young scholars participate in a simulation in which the aim is for the tortoise to catch up with the hare or vice versa. Moves are decided by throwing two dice. Adding together the numbers on the two dice tells you which animal moves...
Curated OER
Expensive Choices
Eighth graders work in pairs to discover how to prioritize expenses in a budget.
Curated OER
Ice Creams
Students list all the outcomes for single events, and for two successive events in a systematic way. When dealing with a combination of two experiments, they identify all the outcomes, using diagrammatic, tabular or other forms of...
Khan Academy
Khan Academy: The Structure of Costs in the Short Run
This article focuses on the structure of costs in the short run; some costs are fixed, so you can't do anything about them. It includes a questions.
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.
Khan Academy
Khan Academy: Short Run Production Costs: Foundational Concepts
Practice what you have learned about the difference between marginal cost, average variable cost, and fixed costs in this four-question exercise.
Scholastic
Scholastic: Adventures in Math: Lesson 2: Saving Money by Finding the Better Buy
Students will be able to make economically sound purchasing decisions by using unit pricing, calculating discounts, and analyzing fixed and variable costs.
Texas Instruments
Texas Instruments: Breakeven Analysis
In this activity, students perform breakeven analysis using the cost and revenue of an enterprise. They will determine the relationship between fixed and variable costs, profits, pricing policy, and the volume of output.
Palomar Community College District
Palomar College: Lesson 1: Production Costs
This lesson provides a good outline for a unit on the study of "production costs". Charts and graphs are provided to help understand a firm's cost curves, and at what level of production they should produce.