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Lesson Plan
Curated OER

The Price of Gasoline: What's Behind It?

For Teachers 9th - 12th
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 lesson that focuses on OPEC and...
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Lesson Plan
Curated OER

The Business of Agriculture

For Teachers 4th - 8th
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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Lesson Plan
Curated OER

Lesson 9: Tracking Commodities

For Teachers 10th - 12th
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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Worksheet
Curated OER

Equilibrium

For Students 11th - Higher Ed
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...
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Lesson Plan
Council for Economic Education

What Do People Want to Wear?

For Teachers 6th - 12th
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...
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Lesson Plan
Carolina K-12

Battle Behind the Pumps

For Teachers 9th - 12th Standards
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why oil prices are increasing. They will then simulate being members of a committee...
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Lesson Plan
Carolina K-12

Supply, Demand, and Market Equilibrium

For Teachers 10th Standards
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
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Unit Plan
C3 Teachers

Economics of Slavery: How Did Cotton Sow the Seeds of Panic?

For Teachers 9th - 12th Standards
An inquiry-based lesson challenges high schoolers to research and identify the economic forces and inventions that impacted the cotton industry. Researchers consider how the use of slavery impacted the economic growth of the United States.
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Assessment
Carolina K-12

Practice Test of Economics

For Students 9th - 12th Standards
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course. 
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Assessment
Carolina K-12

Sample Test: Economics

For Students 9th - 12th Standards
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
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Lesson Plan
Texas Education Agency (TEA)

Prices in Private Enterprise System

For Teachers 9th - 11th
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...
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Lesson Plan
National WWII Museum

Rationing by the Numbers: Quantitative Data as Evidence

For Teachers 7th - 12th Standards
What was it like to live on wartime rations in the United States during World War II? Young historians find out by exploring how those on the home front bought food thanks to the ration system. Other data includes statistics on car sales...
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AP Test Prep
College Board

2003 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
How are monopolies and competitive firms similar and different? Scholars consider the question using authentic College Board materials. Other prompts consider supply and demand curves and the relationship between wages and output.
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AP Test Prep
College Board

2003 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
A company producing smoke alarms has a monopoly. However, what factors influence its profit and production? A series of prompts from College Board asks learners to consider the impact. Other practice problems include examining what...
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AP Test Prep
College Board

2004 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
A company enjoys a monopoly. What happens to its profits when another firm introduces a similar product? Learners consider the case using questions from College Board. Other prompts include the effects of sales taxes and supply and...
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AP Test Prep
College Board

2005 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
Consumer income drives consumer demand. A set of problems explores what happens to a dairy business when consumers all of a sudden don't have as much money to spend on milk. Other prompts from College Board examine supply and demand...
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AP Test Prep
College Board

2004 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
All goods have a social cost. A set of questions considers how to best calculate the impact the production of goods has on society. Other practice problems from College Board consider supply-and-demand curves and the impact of licensing...
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AP Test Prep
College Board

2006 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
What effect could a break-through device have on company's profits? A set of prompts from College Board explores just that question. Other questions consider the role of wages in profit and what factors affect the supply and demand of...
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AP Test Prep
College Board

2007 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
A monopoly gives a company exclusive rights to a market. What is the impact of that decision on the economy? Problem sets from College Board explore this question, as well as variables in labor markets and government regulations on profit.
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AP Test Prep
College Board

2006 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
Communities often experience a tug-of-war between a desire for open space and a need for development. How can governmental policy affect each side of the issue? Scholars consider the question, along with queries on pricing and...
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AP Test Prep
College Board

2008 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
Vaccinations prevent disease, but do they impact anything else? Some may not realize they also have an economic impact. A set of questions from College Board asks learners to consider what, exactly, that impact is. Other practice prompts...
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AP Test Prep
College Board

2010 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
It's not uncommon to pay a toll to cross a bridge. But what happens to the price of that toll if it's charged to make a profit? Learners use materials from College Board to figure out their answers. Other questions examine issues of...
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AP Test Prep
College Board

2010 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
When the demand for ethanol goes up, what does that do to corn farmers, who provide a key ingredient? Learners ponder the connection using authentic College Board prompts in preparation for AP® or other exams. Other questions consider...
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AP Test Prep
College Board

2011 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
The price of avocados is holding steady. What happens when the competition for labor to grow them intensifies? Learners consider this and other questions about supply and demand and the effects of monopolies using authentic College Board...