Council for Economic Education
Econ Ed Link: Chevy Volt It's Electric!
The costs and benefits of owning an electric or hybrid car will be evaluated in this activity. By reading and researching the history of the production of electric cars, the activity allows students to understand how this market has...
Robert Schenk, PhD
Cyber Economics: The Demand Curve for Output
This site examines the relationship between a price taker and a price maker, and the market structure to which each might belong.
Other
Net Mba Business Knowledge Center: Supply and Demand
This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place...
Other
Business Town: Point of Purchase Displays Will Dramatically Improve Your Sales
A common price-off promotional technique is point-of-purchase promotions. This site tells you all about this type of marketing. Includes a video and an accompanying article. [4:36]
University of North Carolina
University of North Carolina: Perfect Competition
This site shows cost curves for a firm in a perfectly competitive market, and has an interactive graph to show what their profit margin is at various levels of production.
The Federal Reserve System
Federal Reserve Board: The Strategy of Monetary Policy
An address discussing in detail the monetary policy objectives, instruments, open market operations, and more. Includes information on the Federal Open Market Committee also.
Khan Academy
Khan Academy: Externalities: Foundational Concepts
Practice what you have learned about identifying externalities and using graphs to identify both market equilibrium and socially optimal outcomes in this exercise.
Texas Education Agency
Texas Gateway: Ap Macroeconomics: Chapter 3: Introduction to Demand and Supply
This is an introduction to demand and supply. In this chapter, you will learn about the following: demand, supply, and equilibrium in markets for goods and services; shifts in demand and supply for goods and services; changes in...
Wikimedia
Wikipedia: Perfect Competition
This site provides a clear description of the requirements and conditions needed in a market for it to be labeled a perfectly competitive market. The topics of allocative efficiency and productive efficiency are also addressed.
Khan Academy
Khan Academy: The Effect of Government Interventions on Surplus
Practice what you have learned about the impact of price controls and quotas on consumer surplus, producer surplus, total surplus, and dead-weight loss in this four-question exercise.
Other
South Western Learning: Econ News: Comparative Statics: Perfect Competition
This site offers economics-based newspaper headlines and asks follow-up questions based on supply and demand in a perfectly competitive market.
Econoclass
Econoclass: The Wage Is Right!
This classroom activity is based on the television show "The Price Is Right" and allows students to think about wage earnings in various sectors of employment. Could be used as a classroom activity when studying supply and demand or the...
Khan Academy
Khan Academy: What Factors Change Demand?
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.
Other
Online Texts: Monopolistic Competition: Demand Change
This site uses graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Other
Egwald Web Services: Imperfect Competition Models: Monopolistic Competition
This site provides an in-depth examination of monopolistic competition, along with appropriate levels of output, price, and corresponding profits. This site is for the advanced student of economics.
BBC
Bbc: The Downturn in Facts and Figures
The BBC graphically depicts the 2008 sub-prime mortgage crisis and provides information on the rise of the mortgage bond market and the housing price crash.
Council for Economic Education
Econ Ed Link: What Do People Want to Wear?
To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites, students will look to anticipate what consumers are demanding. Students will then go through the market...
PBS
Pbs Teachers: Mercury Emissions: "Cap and Trade" Game
Explain why mercury is harmful to humans, and discuss how government encourages industries to reduce mercury emissions. Examine the pros and cons of emissions credit trading and discover how the free market can be used to reduce emissions.
Council for Economic Education
Econ Ed Link: The Choice Is Us: Monopolies
This lesson plan introduces the concept of monopoly. It calls upon middle schoolers to consider how monopoly power might affect the quality and price of goods and services offered to consumers. In light of what they learn about the...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...
Other
American Coal Foundation: Lesson Plan: Coal Supply and Demand
In this one period lesson, students will learn the relationship between supply and demand for natural resources such as coal, and explore how these conditions affect the cost of energy.
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
Council for Economic Education
Econ Ed Link: Guess Who's Coming to Dinner
This lesson plan introduces regulation and information as two tools used by government to promote fair competition and complete information in a market economy. Using the 1906 Pure Food and Drugs Act as a case study, students explore the...
Council for Economic Education
Econ Ed Link: Transportation: They Say We Had a Revolution (Part 1)
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons, the...