Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
Council for Economic Education
I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
Carolina K-12
Supply, Demand, and Market Equilibrium
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
Curated OER
Surpluses, Shortages, and Equilibrium
High schoolers 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...
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
Chapter 37: International Trade
Several graphs help to illustrate the dynamics of international trade in this slideshow. World prices, imports and exports, and the economic impact of tariffs are detailed in the presentation, along with arguments for free trade and the...
Curated OER
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
Curated OER
Supply and Demand
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply and...
Curated OER
Price Controls: Prescribed Drugs in North America
High schoolers examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the...
Curated OER
In the Chips
Students explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
Curated OER
Market Basics: Demand, Supply, and Price Determination
Learners 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
Battle of the Pole Holes
Students consider the relationship between business and government. In this rural electrification lesson, students read "Battle of the Pole Holes," and then write editorials that address the way that business and government functioned in...
Council for Economic Education
A Lesson on the Supply and Demand of Toy Fads
Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...
Curated OER
Market Game in Oil
Young scholars work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
Curated OER
Understanding the Law of Supply and Demand
Students examine the concept of supply and demand. They interpret the law of supply and demand and discuss the law. Students identify and list the factors of supply and demand. They discuss and recognize the impact of farm support and...
Curated OER
Fitness Day
Young scholars develop skills and a comfort level in interpreting economic concepts through graphic analysis.
Curated OER
Frozen Price Game
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
Curated OER
Who Wants to be a Millionaire?
Students examine wealth including analyzing and interpreting the sources of it. In this social responsibility lesson students create their own political cartoon.
Curated OER
Demand and Supply-It's What Economics Is About!
Students engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual way and...
Curated OER
Market Structure
Students examine the different types of market structures. They analyze these structures using diagrammatic representations.
Curated OER
Microeconomics Summary
Twelfth graders study microeconomics. In this Economics lesson, 12th graders draw graphs on government taxes. Students decide if these graphs are true or false.
Curated OER
The Economics of Valentine's Day
Students develop an understanding of the determinants of supply and demand. They use this understanding to explain changes in how supply and demand affect the price and the quantity exchanged of roses.
Curated OER
Trade Happens Between People
Students work together in groups to participate in a trading game. They are allowed to trade with different people in each round. They discover free and restricted trade.
Curated OER
The Market System and Consumerism
Students examine their own consumption habits. Using various advertisements, they discuss their role in showing consumers what they must have in their lives. As a class, they encourage each other to change their habits and discuss how...