Texas Education Agency
Texas Gateway: Ch. 4:the Market System as an Efficient Mechanism for Information
By the end of this section, you will be able to apply demand and supply models to analyze prices and quantities and explain the effects of price controls on the equilibrium of prices and quantities.
Texas Education Agency
Texas Gateway: Chapter 4: Demand and Supply at Work in Labor Markets
By the end of this section, you will be able to predict shifts in the demand and supply curves of the labor market, explain the impact of new technology on the demand and supply curves of the labor market, and explain price floors in the...
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: Law of Supply
If the price of something goes up, companies are willing (and able) to produce more of it.
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
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.
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.
Massachusetts Institute of Technology
Mit: Open Course Ware: Intermediate Microeconomic Theory
An intermediate level course in microeconomics from MIT. Includes suggested readings, lecture notes, assignments, and exams.
Khan Academy
Khan Academy: Shifts in Aggregate Supply
If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...
Khan Academy
Khan Academy: Externalities: Foundational Concepts
Practice what you have learned about identifying externalities and using graphs to identify both market equilibrium and socially optimal outcomes in this exercise.
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.
Texas Education Agency
Texas Gateway: Ch. 10: Buildling a Model of Aggregate Demand & Aggregate Supply
By the end of this section, you will be able to do the following: Explain the aggregate supply curve and how it relates to real GDP and potential GDP, Explain the aggregate demand curve and how it is influenced by price levels, Interpret...
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.
Other
Egwald Web Services: Imperfect Competition Models: Monopolistic Competition
This site provides an in-depth examination of monopolistic competition, along with appropriate levels of output, price, and corresponding profits. This site is for the advanced student of economics.
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...
Khan Academy
Khan Academy: Economic Efficiency
Read about consumer surplus, producer surplus, and deadweight loss. Did you know that demand and supply diagrams can help us understand more than supply and demand curves and equilibrium? They can also help us understand economic...
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
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
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.
Khan Academy
Khan Academy: Law of Demand
If the price of something goes up, people are going to buy less of it.
Texas Education Agency
Texas Gateway: Chapter 12: Neoclassical Perspective: Problems
This section provides 5 problems to solve pertaining to the information presented in Chapter 12: Neoclassical Perspective.
Curated OER
Model of Monopolistic Competition
This 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 effected.
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: 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....