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South Western Learning: Econ News: The Market System Study Guide
South-Western College Publishing offers an outline written as a study guide for an exam, which gives basic definitions of different aspects of a market economy, graphs and examples, and sample study questions at the bottom.
Council for Economic Education
Econ Ed Link: National Parks: Only You Can Prevent the Coming Crisis
What do you think of when you think of the National Parks System? Do you think of the majesty of the Grand Canyon and the redwoods of Northern California? Or does the serenity of Cape Cod and the Everglades come to mind?
Council for Economic Education
Econ Ed Link: What Inefficiencies Lurk in Rent Controlled Housing Markets?
Imagine that you've just graduated from college and have been offered a position with a firm in New York City. You can't wait to start living in your own apartment! Explore the housing market and how it works.
Council for Economic Education
Econ Ed Link: What Causes Inflation?
This lesson explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk about the good old days when a dollar would buy something. What happened to that dollar? Why won't it...
University of Minnesota
University of Minnesota: 2.1 Factors of Production: Principles of Economics
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Wikimedia
Wikipedia: Price Floor
Explains, using graphs, how a price floor work, and how an effective price floor will create a surplus in a market.
ClassFlow
Class Flow: Economics Vocabulary
[Free Registration/Login Required] This flipchart explains basic economics vocabulary such as producers, consumers, and different kinds of resources; limited, unlimited, natural and human. Student assessment items are included.
Curated OER
Shifting a Curve
This site shows both a supply and demand schedule, and constructs a graph using this schedule. It continues on to discuss equilibrium, and then shows a new equilibrium after there has been a change in supply.
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.
Cornell University
Cornell University: Elasticity [Ppt]
This slideshow delves into the concept of elasticity. It discusses why elasticity is important, looks at the different kinds of elasticity, and has many supporting graphs and charts to use as examples.
Texas Education Agency
Texas Gateway: Ch. 4:the Market System as an Efficient Mechanism for Information
By the end of this section, you will be able to apply demand and supply models to analyze prices and quantities and explain the effects of price controls on the equilibrium of prices and quantities.
Council for Economic Education
Econ Ed Link: What Is Competition?
Explore the world of competition in business through this informative lesson plan.
Council for Economic Education
Econedlink: Business Cycles
This video teaches the concept of Business Cycles. The pattern in which economies have periods of recession and then also periods of economic expansion or recovery is known as the business cycle.
Other
Circle of Blue: National Security Assessment: Water Scarcity Disrupts Continents
Read this U.S. State Department report which finds a global confrontation between growing water demand and shrinking supplies, in addition to predictions for the next thirty years of water security.
Texas Education Agency
Texas Gateway: Chapter 12: Neoclassical Perspective: Problems
This section provides 5 problems to solve pertaining to the information presented in Chapter 12: Neoclassical Perspective.
Texas Education Agency
Texas Gateway: Chapter 12: Neoclassical Perspective: Self Check Questions
This section provides a list of self-check study question to aid in understanding the content of Chapter 12: Neoclassical Perspective.
Khan Academy
Khan Academy: Introduction to Factor Markets
Practice what you have learned about the supply of labor, the demand for labor, and the marginal revenue product of labor in this exercise.
Council for Economic Education
Econ Ed Link: Phillips Curve
This instructional activity explores the relationship of unemployment to inflation in the 1960s and after. Students will discover the short-run trade-off between inflation and unemployment when unemployment is less than its natural rate....
Council for Economic Education
Econ Ed Link: Those Golden Jeans
Check out this informative economics lesson plan designed to review the three productive resources--natural resources, human resources, and capital resources--needed to produce goods and services.
University of Nebraska Omaha
Ec Ed Web: How Can Entrepreneurs Control Costs?
This economics lesson explores what influences producers to supply in regard to demand. It examines fixed and variable costs, how such costs can be reduced, and how they influence production. Includes printable worksheets.
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 lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed.
Curated OER
Official Paul Krugman Web Page: The Energy Crisis Revisited
Analysis of the energy crisis of the 70s. An oil chart to illustrate the supply and demand curve.
Curated OER
Official Paul Krugman Web Page: The Energy Crisis Revisited
Analysis of the energy crisis of the 70s. An oil chart to illustrate the supply and demand curve.
Texas Education Agency
Texas Gateway: 15: Introduction to Exchange Rates & International Capital Flows
This is an introduction to the Exchange Rates & International Capital Flows chapter. You will learn about the following in this chapter: How the foreign exchange market works, Demand and supply shifts in foreign exchange markets,...
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