Curated OER
Macroeconomic Equilibrium
A definition of macroeconomic equilibrium and how it changes when either aggregate supply (AS) or aggregate demand (AD) shift. Many supporting graphs are provided to help explain this concept.
Curated OER
Macroeconomic Equilibrium
A definition of macroeconomic equilibrium and how it changes when either aggregate supply (AS) or aggregate demand (AD) shift. Many supporting graphs are provided to help explain this concept.
Social Science Education Consortium
Ssec: Minimum Wage: Does Raising the Rate Help Young Workers? [Pdf]
This investigation will help students examine issues related to the minimum wage, including: What does economic theory suggest will result in minimum-wage earnings and employment if the minimum wage is increased? Does an increase in the...
Texas Education Agency
Texas Gateway: Ch. 5: Measuring the Size of the Economy: Gross Domestic Product
By the end of this section, you will be able to identify the components of gross domestic product on the demand side and on the supply side; evaluate how gross domestic product is measured; and contrast and calculate gross domestic...
Other
Classroom Clues: Children's Literature for Understanding Economics
How do you teach obscure economic concepts to younger elementary students? One way is through children's literature. This site has a large variety of children's picture books that teach various economic concepts such as supply and...
Curated OER
Shifting a Curve
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.
Cornell University
Cornell University: Elasticity [Ppt]
This slideshow delves into the concept of elasticity. It discusses why elasticity is important, looks at the different kinds of elasticity, and has many supporting graphs and charts to use as examples.
Massachusetts Institute of Technology
Mit: Open Course Ware: Labor Economics and Public Policy
An introductory course in labor economics from MIT. Emphasizes applied microeconomics and empirical analysis. Includes suggested readings, assignments, and exams.
Other
Curriki: "Beautiful Art" Cultural Diffusion
This lesson is designed to give students a conceptual understanding of cultural diffusion and the notion that ideas change people and people change ideas. It involves a teacher demonstration, student role-play, and an activity that...
Curated OER
A Shortage
This site provides easy to understand examples of shortages and surpluses, and what each looks like on a supply and demand graph.
Curated OER
A Surplus
This site provides easy to understand examples of shortages and surpluses, and what each looks like on a supply and demand graph.
TED Talks
Ted: Ted Ed: National Grid Fully Charged
The National Grid is a high-voltage electric power transmission network, connecting power stations and 340+ substations ensuring supply and demand is in the balance. Nigel Williams speaks to Robert Llewellyn about how the National Grid...
Science Education Resource Center at Carleton College
Serc: Powering the Future
This activity tests problem-solving skills while introducing a card exercise which allows students to solve real problems and make decisions about how best to provide electrical power to their country. Students must make choices between...
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...
Investopedia
Investopedia: 4 Factors That Shape Market Trends
Learn about the four factors that shape market trends: government, international transactions, speculation and expectation and supply and demand.
Khan Academy
Khan Academy: Changes in Equilibrium
Practice more challenging questions about changes in market equilibrium that happen when supply or demand (or both!) change in this exercise. This resource is designed as a review for the AP Macroeconomics Test or a college-level...
Wikimedia
Wikipedia: Capitalism
Gives an overview of the hallmarks of capitalism. Includes a description along with history, characteristics, criticisms, and more.
Econoclass
Econoclass: The Law of Unintended Consequences
In this series of short "headlines", each has a direct goal, but each also has an unintended externality or spillover.
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.
Sophia Learning
Sophia: Price Controls
Lesson uses power point notes and related videos to help students understand ways that the government tries to control prices in an economic system, and what the expected results are.
Texas Education Agency
Texas Gateway: Ap Macroeconomics: Preface
This is a preface to the TEA AP Macroeconomics Textbook online, an OpenStax resource. It provides an overview of the text, instructional materials available, the coverage and scope of the text, and the organization of the text.
Other
Federal Reserve Bank of Boston: The Economics of Pro Team Sports
Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.
US Geological Survey
U.s. Geological Survey: Where Is Earth's Water Located?
Find out how much of the water on Earth is actually usable by humans, and where the rest of it is located. Learn where our water comes from and why it never runs out. Click Home to access the site in Spanish.
Other
Pure Capitalism and the Market System: The Market and the 5 Es
Learn the characteristics of a Market Economy, the state the four fundamental questions faced by any economic system. From an online textbook by Mark Healy of Harper College.
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