Council for Economic Education
Econ Ed Link: The Prices Are Changing
This instructional activity will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.
Khan Academy
Khan Academy: Keynes' Law and Say's Law in the Ad/as Model
Compare Keynes's and Say's law in the context of aggregate supply and demand.
Khan Academy
Khan Academy: Changes in Equilibrium
Practice finding a new equilibrium price and quantity when supply changes, demand changes, or both supply and demand are changing simultaneously.`This resource is designed as a review for the AP Microeconomics Test or a college-level...
Council for Economic Education
Econ Ed Link: What Do People Want to Wear?
To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites, students will look to anticipate what consumers are demanding. Students will then go through the market...
Council for Economic Education
Econ Ed Link: Economics in the Headlines
Students learn how to identify headlines in the news and current events as illustrations of problems in supply and demand. Students will be linked to news sites to create their own analysis of supply and demand issues in problems facing...
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.
Federal Reserve Bank
Federal Reserve Bank of St. Louis: What Is Driving Oil Prices?
As the world's demand for oil rapidly increases, so do the prices for it. Learn the factors causing high oil prices and who are the world's largest consumers of petroleum. Includes discussion questions. (Published Jan. 2005)
Other
Biz Kids: Bring Home the Bacon
Bring Home the Bacon is an exciting interactive way to learn the concept of supply and demand. More demand, more customers, but don't get too carried away because upgrading your investments might be worth the wait!
Council for Economic Education
Econ Ed Link: Marketplace: Price Increase or Price Gouging?
Students learn about price-gouging. Using a hypothetical post-disaster example, they will learn more about supply and demand, as well as the complexities associated with price increases in a supply-constrained market.
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.
Econoclass
Econoclass: The Wage Is Right!
This classroom activity is based on the television show "The Price Is Right" and allows students to think about wage earnings in various sectors of employment. Could be used as a classroom activity when studying supply and demand or the...
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...
Ohio Test Prep
Ohio Test Prep: Module 8: Economics Concepts
Ohio Test Prep on fundamental concepts teaches about supply and demand, scarcity, and trade. Includes video tutorials, interactive practice and review, and assessment.
Robert Schenk, PhD
St. Josephs College: More Price Elasticity
This site explains price elasticity of supply. Includes graphs to represent the concept.
University of Colorado
University of Colorado: Summary Table of Market Equilibrium
Chart that shows what happens to equilibrium price and quantity when both supply and demand remain constant or shift.
Council for Economic Education
Econ Ed Link: Collecting for Fun . . . And Profit?
Art, baseball cards, coins, comic books, dolls, jewelry and stamps are just a few examples of the many things people collect. While some people collect for fun, others hope to profit. In this lesson, students explore how supply and...
Khan Academy
Khan Academy: Price Ceilings and Price Floors
This article discusses how quantity demanded react to artificial constraints on price.
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...
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for students who are taking a college-level microeconomics course.
Social Science Education Consortium
Ssec: Minimum Wage: Does Raising the Rate Help Young Workers? [Pdf]
This investigation will help students examine issues related to the minimum wage, including: What does economic theory suggest will result in minimum-wage earnings and employment if the minimum wage is increased? Does an increase in the...
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