Curated OER
Elasticity
Students analyze the meaning of the business term, elasticity, and discuss the main elasticity concepts of price, income, and cross elasticity. They manipulate and demonstrate various business formulas.
Curated OER
And Now…the Supply Curve!
In this economics worksheet, high schoolers use their problem solving skills to respond to questions regarding the supply curve and its impact on an individual's lemonade stand business.
Curated OER
Beach Burgers
Twelfth graders develop economic literacy of basic economic problems confronting all societies. Economic decision making, scarcity to make choices, economic confronts, market system, prices, demand curves and supply curves are all covered.
Curated OER
Price Elasticity of Demand (PED)
In this economics activity, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
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Surpluses, Shortages, and Equilibrium
Students review and discuss the meaning of equilibrium. As a class, they participate in a game of "The Price is Right" in which they guess the true market price of various items. They explain how shortages and surpluses tend to force...
Curated OER
Wage Curve Theory
Students examine both the Phillips Curve and the Wave Curve theories of economics. They read case studies which have implications for labor economics as well as macroeconomics.
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Market Equilibrium Writing Exercise
In this economics worksheet, students read 6 scenarios about market equilibrium and then select one of them to write about. Students draw demand and supply curves to accompany their written answers.
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New Equilibrium Worksheet
In this economics practice worksheet, students respond to 20 questions where they calculate new equilibrium points and label diagrams.
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Elasticity
Students are introduced to the topic of elasticity. As a class, they identify demand as being either price elastic or price inelastic when given examples. They discover the relationship between percentage changes in the quantity sold...
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Interior Design: Poster Board Lines
Observe different types of lines and apply skills to create posters demonstrating line directions. Discern the four different types of lines and the ambience each creates in a room. In groups, explain each line poster.
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Oil Crisis: Get Into the Game
Students participate in activities to develop an understanding of the world oil crisis. In this oil crisis lesson, students read online articles about the oil shortage. They attempt to develop a solution to problem and to take action....
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Exchange Rate Problems
In this economics learning exercise, students respond to 10 short answer and multiple choice questions about exchange rates throughout the world.
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Microeconomics Study Guide, Section II: Elasticities
In this economics worksheet, learners define elasticity, calculate ranges of elasticity, and label diagrams pertaining to the concept of elasticity.
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Mr. Yamada’s Tips for Success on Current Events Commentary: Macroeconomics
In this economic systems worksheet, students read and follow the provided 5 tips to locate, analyze, and discuss macroeconomics current event issues.
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Economics: Elasticity of Prices
Students discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.
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IB Economics: Unit 3 – Macroeconomics Study Guide
In this economics activity, students respond to 72 short answer and problem solving questions regarding the study of macroeconomics.
Curated OER
Microeconomics Summary
Twelfth graders study microeconomics. In this Economics activity, 12th graders draw graphs on government taxes. Students decide if these graphs are true or false.
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...
Science Education Resource Center at Carleton College
Serc: Using Clickers to Generate Supply and Demand Curves
This lesson has young scholars using clickers to generate data for demand and supply curves. It asks students to give numerical values for their maximum willingness to pay for something and their minimum willingness to accept for...
Science Education Resource Center at Carleton College
Serc: Ji Tt in Introduction to Demand Analysis
An activity where students study the supply and demand graph to learn about factors that could shift demand curves.
Robert Schenk, PhD
Cyber Economics: Supply and Demand Overview
This is a site from the St. Joseph's College with an overview of the supply and demand model. It is actually the first page of a lesson on supply and demand complete with links to more in-depth discussions including graphs and charts...
Sophia Learning
Sophia: Concept of Demand
A series of resources provided to teach students the concept of demand and demand curve shifts. After taking notes, students can view two video segments to help clarify the concept.
Wikimedia
Wikipedia: Supply and Demand
Provides a full and in-depth description of the theories of supply and demand.
Texas Education Agency
Texas Gateway: Demand, Supply, and Equilibrium in Markets for Goods and Services
By the end of this section, you will be able to explain demand, quantity demanded, and the law of demand; identify a demand curve and a supply curve; explain supply, quantity supply, and the law of supply; and explain equilibrium,...