Curated OER
Equilibrium
Twelfth graders and college students alike work on great practical application problems related to supply and demand with this worksheet series. There are five different worksheets containing graphs, charts, and scenario based problems...
Curated OER
Law of Supply
Review and restate the law of supply. In groups, learner practice reading a supply schedule and supply curve. They explain how and why changes in the cost of production change supply, then work together to complete practice problems to...
Curated OER
Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven lesson with a lot of interesting information.
Curated OER
Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
Curated OER
Natural Resources
Fifth graders begin the lesson by identifying the different types of natural resources. As a class, they discuss how environments are destructed and how the loss of one natural resource can affect the economy. Using a map, they label the...
Curated OER
Law of Demand
Students review the law of demand. Using the law, they read a demand schedule and demand curve. They draw their own demand curve from data supplied to them. They identify and explain the four determinants of demand and work together...
Curated OER
Producers and Consumers
Third graders identify the relationship between producers and consumers and supply and demand. They listen to a lecture and complete a variety of graphic organizers to show their understanding.
Curated OER
Demand and Supply-It's What Economics Is About!
Students engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual way and...
Curated OER
Those Golden Jeans
Learners review the productives resources used to produce goods and services and explore how decisions are made in a market economy through the interactions of both the buyers and the sellers.
Texas Education Agency
Texas Gateway: Demand, Supply, and Equilibrium in Markets for Goods and Services
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,...
Auburn University
Auburn University: Glossary of Political Economy Terms: Market Economy Defined
This site is a fairly complete explanation of market economy prepared by Dr. Paul Johnson of Auburn University. It also includes hyperlinks to several related topics.
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....