Robert Schenk, PhD
Cyber Economics: Monopolistic Competition
E-learning site uses an example of "pushcarts on the beach" to demonstrate a monopolistically competitive market structure and how, as more firms enter the market, price, quantity, and deadweight loss are all affected.
Curated OER
Market Price: Supply & Demand
This site from Wood Green School Witney explains market price. It includes graphs related to supply and demand. The explanation deals with basic economic terms establishing equilibrium market price. The site is theoretical in nature and...
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.
Other
South Western Learning: Econ News: Comparative Statics: Perfect Competition
This site offers economics-based newspaper headlines and asks follow-up questions based on supply and demand in a perfectly competitive market.
Other
South Western Learning: Econ News: Perfect Competition
This site offers a variety of economics-related newspaper headlines in perfectly competitive markets, and each headline offers discussion questions related to that topic.
Curated OER
Equilibrium Wages
Descriptions, examples, and graphs are used to help explain equilibrium wages.
Curated OER
Equilibrium Wages
Descriptions, examples, and graphs are used to help explain equilibrium wages.
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.
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.
Khan Academy
Khan Academy: What Factors Change Demand?
Read about factors, besides price, that affect a quantity that is demanded. This resource is designed for students who are taking a college-level microeconomics course.
Khan Academy
Khan Academy: What Factors Change Supply?
Read about about the many factors that affect the quantity supplied. This resource is designed for students who are taking a college-level microeconomics course.
Curated OER
Monopolistically Competitive Firm in Long Run Equilibrium
This site uses interactive graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Texas Education Agency
Texas Gateway: Chapter 3: Demand and Supply: Critical Thinking Questions
This is a list of 16 critical thinking study questions covering Chapter 3: Demand and Supply from the TEA AP Macroeconomics online text.
Texas Education Agency
Texas Gateway: Chapter 3: Demand and Supply: Review Questions
This is a list of 24 review questions covering the content of Chapter 3: Demand and Supply from the TEA AP Macroeconomics online text.
Khan Academy
Khan Academy: Lesson Overview: Taxation and Deadweight Loss
This article provides an overview of Taxation and Deadweight Loss. When a tax is imposed on a market it will reduce the quantity that will be sold in the market. Whenever the quantity sold in the market is not the equilibrium quantity,...
Other
Online Texts: Monopolistic Competition: Demand Change
This site uses graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Council for Economic Education
Econ Ed Link: Supply and Demand, Lessons From Toy Fads.
The concepts of supply and demand and related terms are taught through stories about the toy fads of Hula Hoops and Silly Bandz. In 1958, Wham-O, Inc. began marketing the Hula Hoop in the United States and sales of the Hula Hoops...
Council for Economic Education
Econ Ed Link: What Do People Want to Wear?
To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites, students will look to anticipate what consumers are demanding. Students will then go through the market...
Texas Education Agency
Texas Gateway: Ap Macroeconomics: Chapter 3: Introduction to Demand and Supply
This is an introduction to demand and supply. In this chapter, you will learn about the following: demand, supply, and equilibrium in markets for goods and services; shifts in demand and supply for goods and services; changes in...
Wikimedia
Wikipedia: Supply and Demand
Provides a full and in-depth description of the theories of supply and demand.
Curated OER
Labor Market Equilibrium With a Payroll Tax
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
University of California
University of California, Berkeley: Immigration From Mexico
This article explores how immigration from Mexico has both helped and hurt the American economy.
Econoclass
Econoclass: Supply and Demand Drill
This classroom activity provides students with many examples of changes in supply or demand.
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...