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...

Practice what you have learned about how a market generates an equilibrium price and quantity, and the cause of surpluses and shortages in this exercise.

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

Read about factors, besides price, that affect a quantity that is demanded. This resource is designed for students who are taking a college-level microeconomics course.