Texas Education Agency
Texas Gateway: Chapter 12: The Building Blocks of Neoclassical Analysis
By the end of this section, you will be able to do the following: Explain the importance of potential GDP in the long run, analyze the role of flexible prices, interpret a neoclassical model of aggregate demand and aggregate supply, and...
Texas Education Agency
Texas Gateway: Ch. 12: The Policy Implications of the Neoclassical Perspective
By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the...
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.
Sophia Learning
Sophia: Prices and Equilibrium
Through a series of resources, students use the concept of demand and supply to explain how free market prices and quantities are established, define equilibrium, and understand the idea of shortage and surplus.
Khan Academy
Khan Academy: How the Ad/as Model Incorporates Growth, Unemployment, Inflation
The aggregate demand/aggregate supply, or AD/AS, model is one of the fundamental tools in economics because it provides an overall framework for bringing economic factors together in one diagram. These factors include economic growth,...
Khan Academy
Khan Academy: Changes in the Market for Loanable Funds
Practice what you have learned about how changes in the supply and demand for loanable funds can impact interest rates in this seven-problem exercise.
Robert Schenk, PhD
Cyber Economics
An incredible site! This is an interactive textbook that clearly and concisely covers any topic you can think of under both microeconomics and macroeconomics. Select "Table of Contents" to begin.
Utah Education Network
Uen: Grade 1 on Demand Opinion Writing Samples
This collection of opinion essays prompted first graders to write about a "best pet." From the Vermont Writing Collaborative, with Student Achievement Partners and CCSSO, these written pieces are part of the In-Common: Effective Writing...
Annenberg Foundation
Annenberg Learner: The Habitable Planet: Energy Lab
Try and meet global energy demands by using alternative energy sources while keeping the carbon levels in the atmosphere down to acceptable levels. Simulator includes a data table available for download for student records.
University of Nebraska Omaha
University of Omaha: Lesson Plan: Why Do I Want All This Stuff? [Pdf]
This lesson plan addresses consumer demand and advertising. Indicated for grades 3 through 5.
Khan Academy
Khan Academy: Changes in the Ad as Model in the Short Run
Practice what you've learned about the AD-AS model, aggregate demand shocks, and short-run aggregate supply shocks in this four-problem exercise.
Khan Academy
Khan Academy: Long Run Self Adjustment in the Ad as Model
Practice what you've learned about the long-run adjustment of output, employment, and prices to changes in aggregate demand and short-run aggregate supply in this exercise.
Council for Economic Education
Econ Ed Link: Babysitter Shortage in Washington, d.c.
What is responsible for the shortage of babysitters in Washington, DC? Identify the parts of the article which indicate a decrease in supply and an increase in demand.
Khan Academy
Khan Academy: Changes in the Money Market
Practice what you have learned about how changes in the demand for money and/or the money supply affect the nominal interest rate in this seven-problem exercise.
Council for Economic Education
Econ Ed Link: What Happened to Railroads?
Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral part of people's lives. For this lesson, students assume the role of detectives investigating why the rail companies...
Khan Academy
Khan Academy: Lesson Summary: Changes in the Ad as Model in the Short Run
In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...
TED Talks
Ted: Ted Ed: What Causes Economic Bubbles?
During the 1600's, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a...
Khan Academy
Khan Academy: Law of Supply
If the price of something goes up, companies are willing (and able) to produce more of it.
Khan Academy
Khan Academy: The Building Blocks of Keynesian Analysis
Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks: recessions occur when...
University of Illinois
University of Illinois: Early American Trade With China: Fortune and Failures in Fur [Pdf]
One of the things economists do is to study the relationship between the supply of products being sold on the market, the demand for products by consumers, and the price of products. They look at how price is determined by the...
Other
Classroom Clues: Children's Literature for Understanding Economics
How do you teach obscure economic concepts to younger elementary students? One way is through children's literature. This site has a large variety of children's picture books that teach various economic concepts such as supply and...
Council for Economic Education
Econ Ed Link: How the Crusades Led to the Finding of the New World
The instructional activity will help students to discover the importance of the Crusades to the expansion of many European countries. Students will also be introduced to new products and find out why explorers were willing to risk all to...
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...
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.
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