Calculate profit and loss, plot on diagrams, and solve problems for given scenarios and variables in this 3-page activity. Students will obtain excellent practice after completing these pages. 

Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.

Students work together in teams to role-play a cartel. Using that information, they all produce the same commodity and they are trying to make as much profit as possible. Each group completes a balance sheet and calculate the amount of...

How does one factor in the social costs of a product? What factors influence price? Learners consider the question and others using authentic College Board materials. Other questions examine profits and competition in the market and the...

Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...

Young scholars review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the...

Poring over the details and characteristics of monopolistic and oligopoly systems, these slides include charts, graphs, and key terms to help viewers truly grasp the concepts behind each market model. From budding economists to...

Learners discuss both positive and negative economic incentives. In this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.

A monopoly gives a company exclusive rights to a market. What is the impact of that decision on the economy? Problem sets from College Board explore this question, as well as variables in labor markets and government regulations on profit.

High schoolers identify the costs and benefits of large corporations and monopoly industries. Using the internet, they discover how businesses use different types of exploitation to maximize their profits. They read two articles about...

People often set off fireworks to celebrate. What is the cost of the annoyance of their neighbors? Economics help answer that question! Learners consider this problem, along with prompts on price and competition, using College Board...

How are monopolies and competitive firms similar and different? Scholars consider the question using authentic College Board materials. Other prompts consider supply and demand curves and the relationship between wages and output.

Communities often experience a tug-of-war between a desire for open space and a need for development. How can governmental policy affect each side of the issue? Scholars consider the question, along with queries on pricing and...

Young economists consider perfect competition, market demand, supply, and long-run equilibrium in this practical activity. There are eight multiple part questions to answer, real-world scenarios to consider, and graphs to complete.

Students participate in a simulation in which some are buyers and some are sellers in a trading activity. They set their own prices and record transactions. Then they calculate who made the biggest profit. They discuss the results.

Economics can be a competitive and, at times, devious subject. Learners work through a series of four worksheets to better understand oligopoly. Each sheet includes real-world scenarios, passages to read, graphs to analyze, and short...

The government catches a firm in the act of polluting. What will happen to the company's profits? Learners consider the question and others using authentic College Board materials. Other problem sets examine wages and labor and price...

Two stores are trying to decide where to put their new location to maximize profit? Young economists evaluate the question using authentic materials from College Board. Other queries involve evaluating the effects of government subsidies...

How much corn does a farmer need to grow if he wants to make a profit? A prompt from College Board asks learners to put themselves in the boots of a farmer growing crops for the alternative fuel market. Additional prompts consider the...

How can a bakery—one of several in town—maximize its profits? A case study from College Board asks scholars to consider the question. Other practice queries examine the price and benefits of buying certain goods for one consumer and look...

A research project that concludes with a visual and written presentation. This is all about the tomato and how it relates to the lives of migrant workers, labor contractors, and industrial agriculture. This is a group project that is...

Monopoly is more than a game in this presentation, which explores the characteristics of four different market models. Representing the concept of a monopolistic economy in both charts and graphs, the information in these slides can be...

Students explore the Great Depression. In this American history lesson, students examine primary sources in order to research the Stock Market Crash of 1929, the Dust Bowl, and the Neal Deal. Students study the impact on these events on...

Advanced economics pupils analyze a series of graphs, data sets, and profit scenarios all related to monopolies and marginal revenue. They read through the background information, complete a graph using the data provided, and justify...