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Curated OER
Market Basics: Demand, Supply, and Price Determination
Students 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...
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
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
Elasticity
Students are introduced to the topic of elasticity. As a class, they identify demand as being either price elastic or price inelastic when given examples. They discover the relationship between percentage changes in the quantity sold...
Curated OER
Financial Contracts
Prepare your class for the real world and learn the basics about credit and the principles behind using it wisely. The activity includes handouts that explain the necessary vocabulary and concepts to understanding credit. After reviewing...
Curated OER
Surpluses, Shortages, and Equilibrium
Students review and discuss the meaning of equilibrium. As a class, they participate in a game of "The Price is Right" in which they guess the true market price of various items. They explain how shortages and surpluses tend to force...
Curated OER
New Traditions in Our Family
First graders discuss the importance of traditions in families. In groups, they share their traditions at certain times of the year. As a class, they read "When This Box is Full" and create a box representing the different seasons. ...