Texas Education Agency
Texas Gateway: Ap Macroeconomics: Chapter 8: The Confusion Over Inflation
By the end of this section, you will be able to do the following: Explain how inflation can cause redistribution of purchasing power, Identify ways inflation can blur the perception of supply and demand, and Explain the economic benefits...
Other
Microeconomics Chapter 6: Price Elasticity of Supply
Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.
Sophia Learning
Sophia: Prices and Equilibrium
Through a series of resources, students use the concept of demand and supply to explain how free market prices and quantities are established, define equilibrium, and understand the idea of shortage and surplus.
Sophia Learning
Sophia: Producer and Consumer Surplus
By using notes and supporting videos, tutorial helps students to acquire an understanding of producer and consumer surplus and to be able to calculate it.
Curated OER
Supply and Demand
This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place...
Curated OER
Supply and Demand
This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place...
Council for Economic Education
Econ Ed Link: The Prices Are Changing
This lesson will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.
Federal Reserve Bank
Federal Reserve Bank of St. Louis: What Is Driving Oil Prices?
As the world's demand for oil rapidly increases, so do the prices for it. Learn the factors causing high oil prices and who are the world's largest consumers of petroleum. Includes discussion questions. (Published Jan. 2005)
Khan Academy
Khan Academy: Price Elasticity of Demand and Its Determinants
Practice what you've learned about calculating and interpreting price elasticity of demand, as well as the determinants of price elasticity of demand, in this exercise. This resource is designed as a review for the AP Microeconomics Test...
Stefan Warner and Steven R. Costenoble
Finite Mathematics & Applied Calculus: Linear Demand, Supply, and Time Change Models
The tutorial explores linear models. Students learn about the concepts through class notes, examples, and practice problems. Topics include linear demand, supply, and time-change models. Review exercises and a chapter quiz are included.
Khan Academy
Khan Academy: Lesson Summary: Banking and the Expansion of the Money Supply
This lesson summary from Khan Academy is intended for students who are taking the AP Macroeconomics course. In this lesson summary will review key terms and calculations related to fractional reserve banking, required reserves, excess...
Khan Academy
Khan Academy: Determinants of Price Elasticity and the Total Revenue Rule
Practice what you've learned about the relationship between price elasticity of demand and total revenue in this exercise. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
Khan Academy
Khan Academy: The Market Model
This study resource will help learners understand, and create, graphs that are critical skills in macroeconomics. This article reviews the market model. This resource is designed as a review for the AP Macroeconomics Test or a...
Other
Arizona Kids Net: The Consumer Demand Curve
This site goes into detail about the consumer demand curve and its functions. Colorful graphs are provided to make understanding real-life situations and examples easier.
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...
Khan Academy
Khan Academy: Price Ceilings and Price Floors
This article discusses how quantity demanded react to artificial constraints on price.
Curated OER
Graph of Supply and Demand Curves
This site shows both a supply and demand schedule, and constructs a graph using this schedule. It continues on to discuss equilibrium, and then shows a new equilibrium after there has been a change in supply.
Texas Education Agency
Texas Gateway: Chapter 7: What Causes Changes in Unemployment Over the Short Run
By the end of this section, you will be able to do the following: Analyze cyclical unemployment, Explain the relationship between sticky wages and employment using various economic arguments, and Apply supply and demand models to...
Other
Trading Charts: Law of Supply and Fundamental Analysis of Commodity Markets
A very thorough yet concise description of the law of demand.
Khan Academy
Khan Academy: Market Equilibrium, Disequilibrium, and Changes in Equilibrium
In this lesson summary review and remind yourself of the key terms and graphs used in the analysis of markets. Topics include how to use a market model to predict how price and quantity change in a market when demand changes, supply...
BBC
Bbc: Gcse Bitesize: Crude Oil, Hydrocarbons and Alkanes
Crude oil is a finite resource. Petrol and other fuels are produced from it using fractional distillation. Cracking is used to convert long alkanes into shorter, more useful hydrocarbons. Links are provided for a video and a test.
Texas Education Agency
Texas Gateway: Ch. 10: Intro to the Aggregate Demand/aggregate Supply Model
In this chapter, you will learn about the following: Macroeconomic perspectives on demand and supply; Building a model of aggregate supply and aggregate demand, Shifts in aggregate supply; Shifts in aggregate demand; How the aggregate...
Texas Education Agency
Texas Gateway: Ch. 10: Buildling a Model of Aggregate Demand & Aggregate Supply
By the end of this section, you will be able to do the following: Explain the aggregate supply curve and how it relates to real GDP and potential GDP, Explain the aggregate demand curve and how it is influenced by price levels, Interpret...
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for students who are taking a college-level microeconomics course.