Council for Economic Education
What's the Big Deal about Spices?
Today's gourmands don't consider spices to be the equivalent of silver and gold. During the middle ages, however, these commodities were precious. People back then used spices in religious ceremonies, to cure rotten food, and as a show...
Council for Economic Education
Wages and the Black Death
While the Black Death wiped out a third of Europe's population during the Middle Ages, its destruction paved the way for better wages for workers and even an early form of modern capitalism. The relationship between the cataclysmic...
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.
University of Nebraska Omaha
Ec Ed Web: Explorations in Economic Demand
This site provides an analysis of the theory of demand, and determinants that can cause a shift or change in demand.
University of Colorado
University of Colorado: Principles of Macroeconomics: Business Cycles, Aggregate Demand and Supply
A comprehensive look at the way aggregate demand and supply affect the business cycle. Information used is current to 2003. From the Department of Economics at the University of Colorado.
University of Nebraska Omaha
Ecedweb: Explorations in Economic Supply, Part I
Examines how supply relates to economic decision making. Using the example of purchasing blue jeans, students take the role of producer to determine how many blue jeans they would supply to the market. Includes links and discussion...
The Environmental Literacy Council
Environmental Literacy Council: Supply and Demand: How Markets Work
An article on supply and demand and how markets work. Related links for teachers.
University of Nebraska Omaha
Ecedweb: Explorations in Supply, Part Ii
In this economics tutorial, you as a producer have to determine how much of a given product you should make.
University of Nebraska Omaha
Ec Ed Web: Analyzing the Demand Curve
Lists the determinants of demand for a product and service. The site is useful for students wishing to look further into the causes of demands. Graphs and summaries are included to aid research.
Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
Other
South Western Learning: Oligopoly/monopolistic Competition: Kinked Demand Curve
This South-Western College Publishing website describes a situation in which oligopolistic firms vie for competition among consumers.
Tutor2u
Tutor2u: 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.
Other
South Western Learning: Econ News: The Market System Study Guide
South-Western College Publishing offers an outline written as a study guide for an exam, which gives basic definitions of different aspects of a market economy, graphs and examples, and sample study questions at the bottom.
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