Council for Economic Education
Econ Ed Link: Traditional Economies and the Inuit
The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Young scholars...
Council for Economic Education
Econ Ed Link: Exchange Rates and Exchange: How Money Affects Trade
Students learn how currency values are set by supply and demand, and how changes in the value of currency affect international trade. Students then find the value of the Brazilian Real in 2000 and 2002, determine whether the currency has...
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: Law of Demand
If the price of something goes up, people are going to buy less of it.
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.
University of Illinois
University of Illinois: Early American Trade With China: Fortune and Failures in Fur [Pdf]
One of the things economists do is to study the relationship between the supply of products being sold on the market, the demand for products by consumers, and the price of products. They look at how price is determined by the...
Wikimedia
Wikipedia: Supply and Demand
Provides a full and in-depth description of the theories of supply and demand.
Council for Economic Education
Econ Ed Link: Marketplace: Iraq's Supply and Demand
In this lesson, students listen to an audio file about how the growing demand for workers in Iraq in May 2004 affected the job market, and how the effects of low growth in the supply of workers shaped companies' hiring practices and...
Other
The Aggregate Supply Curve
"The Aggregate Supply Curve," by Baumol, William J., and Alan S. Blinder. Economics: Principles and Policy, 7th ed. Orlando, FL: The Dryden Press, 1997, pp.628-642.
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.
The Federal Reserve System
Federal Reserve Board: Sustainability and Monetary Policy
"Sustainability and Monetary Policy," Remarks by Governor Laurence H. Meyer before the National Economists Club and the Society of Government Economists, Washington, D.C., January 20, 2000. With links to graphics files in PDF format.
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
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.
University of Colorado
University of Colorado: Aggregate Supply and Demand
This site is a short lesson on business cycles, aggregate demand, and aggregate supply. It has some good explanations of the terms.
Utah Education Network
Uen: Grade 1 on Demand Opinion Writing Samples
This collection of opinion essays prompted first graders to write about a "best pet." From the Vermont Writing Collaborative, with Student Achievement Partners and CCSSO, these written pieces are part of the In-Common: Effective Writing...
Curated OER
Market Price: Supply & Demand
This site from Wood Green School Witney explains market price. It includes graphs related to supply and demand. The explanation deals with basic economic terms establishing equilibrium market price. The site is theoretical in nature and...
Khan Academy
Khan Academy: Lesson Summary: Changes in the Ad as Model in the Short Run
In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...
Khan Academy
Khan Academy: Foundational Concept: Determinants of Currency Supply and Demand
Practice what you have learned about the things that shift the supply of a currency or the demand for a currency in the foreign exchange market.
Khan Academy
Khan Academy: Long Run Self Adjustment in the Ad as Model
Practice what you've learned about the long-run adjustment of output, employment, and prices to changes in aggregate demand and short-run aggregate supply in this exercise.
Khan Academy
Khan Academy: Price Elasticity of Supply and Its Determinants
Practice what you've learned about price elasticity of supply and the determinants of price elasticity of supply in this four-question exercise.
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...
Council for Economic Education
Econedlink: Price Ceilings and Floors Video and Quiz
This video teaches the concept of Price Ceilings and Floors. A price ceiling is a legally established maximum price while a price floor is a legally established minimum price. The website contains an interactive quiz and links for...
Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
University of Colorado
University of Colorado: Demand, Supply, and Markets
This site discusses in great detail the differences between demand, supply, and markets. Useful economic terminology is identified in bold.
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