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Unit Plan

Texas Gateway: Demand, Supply, and Equilibrium in Markets for Goods and Services

Curated by ACT

By the end of this section, you will be able to explain demand, quantity demanded, and the law of demand; identify a demand curve and a supply curve; explain supply, quantity supply, and the law of supply; and explain equilibrium, equilibrium price, and equilibrium quantity.

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Concepts
demand, demand curve, equilibrium, supply and demand
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Additional Tags
law of demand, law of supply, supply, ap macroeconomics, equilibrium in markets, markets for goods and services, texas gateway, texas gateway: demand, supply, and equilibrium in markets for goods and services
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional