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Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
National Research Center for Career and Technical Education
Break-Even Point
How do companies determine the prices of their products? Marketing maestros discover the concepts of cost and break-even point through discussion, independent practice, and a collaborative assessment. The career and technology-oriented...
College Board
2004 AP® Microeconomics Free-Response Questions
All goods have a social cost. A set of questions considers how to best calculate the impact the production of goods has on society. Other practice problems from College Board consider supply-and-demand curves and the impact of licensing...
Curated OER
Market Supply and Demand and Equilibrium Prices
For this economics worksheet, students respond to 27 fill and the blank and multiple choice questions about market supply and demand as well as equilibrium prices.
Curated OER
Lesson 11: Lowell Workers and Producers Respond to Incentives
Students explore concept of supply and demand and how changes in supply affect price and quantity of goods.
Curated OER
Economics
Third graders write about a time they have experienced supply and demand affecting price. In this economics lesson, the students define basic economic words, then the teacher introduces a real-life example of supply and demand affecting...
Curated OER
Free Enterprise--Product Cost
Young scholars apply basic math skills in computing a product cost.
Federal Reserve Bank
Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and...
Curated OER
And You Thought Gasoline Was Expensive!
Young scholars carry out a cost analysis. In this comparative math lesson, students compare the cost of equal measures of gasoline to mouthwash, house paint, fruit juice, white-out, and other liquids.
Curated OER
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI worksheet, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...
Curated OER
Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
Curated OER
Supply, Demand, and Prices Worksheet
In this economics worksheet, students use their problem solving skills to respond to 34 questions about supply, demand and prices.
Curated OER
Competition and Market Structure
Young scholars 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.
Curated OER
Bud the Spud Moves West
As part of a unit on Canadian agriculture, this focuses on how potato farms have increased in the west. Pupils participate in a discussion about the impact of consumer demand on production, and then they read an article about potato...
Carolina K-12
Sample Test: Economics
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
Curated OER
Where Does It Come From?
Do you or your learners know where apples or potato chips come from? If not, you will after this lesson. To explore careers in agriculture, learners first examine the importance of agriculture to our nation. They view several movies...
Curated OER
America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
Curated OER
What Is Actually Bought and Sold?
Economics students can use this packet to better grasp the concept of changes in supply and demand by reading about marketing, products, and elasticity. There are 3 tasks for students to complete, each based on the content of a...
Curated OER
Demand and Supply Worksheet
In this economics worksheet, students use their problem solving skills to respond to 28 questions regarding demand and supply.
Curated OER
Free Enterprise -- Product Cost
Students are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with the class.
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
Curated OER
Why Nations Trade
Students discuss international trade. For this trade lesson, students read about comparative advantage and the benefits of international trade. Students perform a skills test to determine their individual specialization areas and write...
Curated OER
Pizza and the Economy
Young scholars become aware of the history behind pizza and how it was adapted to the economic and geographic conditions of the United States. They have a basic understanding of the concepts of supply and demand.
Council for Economic Education
Sand Art Brownies
Which is better, Coke or Pepsi? Pupils analyze the concept of substitute goods as they investigate the choice to purchase alternate products for better prices. Fun and practical, the engaging shopping exercise helps savvy scholars get...