Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
Curated OER
Chapter 20: Demand and Supply (Elasticities and Government-Set Prices)
Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...
Curated OER
Coal Supply and Demand
AÂ hands-on simulation perfect for an economics lesson, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their cost. Simulate...
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Chapter 11: Aggregate Demand and Aggregate Supply
Bring the intricacies of the Aggregate Demand-Aggregate Supply Model (AD-AS) to life in this detailed - yet understandable - presentation. Viewers will appreciate the clear explanations and graphs as they begin their adventure through...
Curated OER
In Great Demand
Focusing on supply and demand, learners discuss economic principles in this lesson related to Wisconsin. After discussing supply and demand, learners answer questions related to a pizza parlor. They talk about profit, as well as other...
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It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
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Demand and Supply—It’s What Economics Is About!
In this economics lesson, high schoolers examine the principle of supply and demand related to the oil market as they identify factors that cause curves and shifts and determine equilibrium. Upper graders read an informational article...
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The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a instructional activity that focuses on...
Council for Economic Education
I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
Curated OER
Comparison of Economic Systems
Here is a worksheet in which learners identify and compare economic systems (market, command, mixed, etc.) with 18 fill-in-the-blank questions and a graphic organizer.Â
Council for Economic Education
Green Eggs and ...Economics?
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Curated OER
Market Basics: Demand, Supply, and Price Determination
Learners are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when there...
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Supply and Demand
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on...
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Soda Sales
Students are shown how to chart a supply demand curve, analyze information from a chart and send and receive information to participating schools by use of telecommunications (an added objective could be for fund-raising). They determine...
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The Business of Agriculture
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
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Economics
Third graders write about a time they have experienced supply and demand affecting price. In this economics instructional activity, the students define basic economic words, then the teacher introduces a real-life example of supply and...
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Understanding the Workplace
Now that your scholars have some career aspirations, it's time to explore the demand for these professionals based on labor projections. They explore the Law of Supply and Demand in a guided discussion, outlined here. There are some...
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Economics during the Civil War
Students synthesize the concepts of scarcity, supply, and demand, pertaining to the Civil War time period. In this economics lesson, students gain understanding of economic terms through read-alouds, Venn diagrams, (comparing lifestyles...
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Lesson 9: Tracking Commodities
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
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Buying and Selling: Getting Cherries into a Pie
Kids keep score as they take on the roles of buyers and sellers in an agribusiness introduction. They play the game for five rounds, each round is made different by having a new economic element added, a discussion follows. Everything...
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The Economics of Health Care
Health care is an industry that impacts every American. Study the economics behind the Health care industry in the US with this supplementary presentation. Intended for use with a McGraw-Hill textbook, these slides will help upper...
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Supply and Demand
Young scholars explore social studies. In this economics lesson, students understand the concept of supply and demand and how it affects consumers in every day life. They work as a class to participate in an auction style game.
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"Let's Make Some Money"
Students complete a project about economics, supply, and advertising. In this advertising activity, students discuss how money is made, entrepreneurs, and advertising. They make their own business with toys to sell to Kindergartners.