Lesson Plan

Prices in Private Enterprise System

Curated and Reviewed by Lesson Planet

Learning sure is in demand! Pupils explore the economic principle of supply and demand with a series of engaging, hands-on activities. They practice comparison shopping for a bottle of soda, conduct research on ticket scalping, and prepare a PowerPoint about a recent service purchase.

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Instructional Ideas
  • Challenge scholars to write an informational letter explaining supply and demand to a younger sibling or friend
Classroom Considerations
  • Requires student computer access
  • Have materials on hand for poster projects
Pros
  • Provides references
  • Includes enrichment activities to get the most out of learning
Cons
  • None