Curated OER
Surpluses, Shortages, and Equilibrium
Young scholars 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...
Curated OER
Competition and Market Structure
Pupils 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
Market Game in Oil
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
Council for Economic Education
A Lesson on the Supply and Demand of Toy Fads
Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...
Curated OER
Chapter 3: Individual Markets, Demand & Supply
Supply and demand, one of the most fundamental topics in economics, is the focus of this presentation. Cascading through detailed graphs and defining the law of demand, as well as the demand and supply schedules, this slideshow is sure...
Curated OER
Those Golden Jeans - Demand Schedule
Students build a demand schedule, and analyze a supply schedule for slices of cheese pizza, and then determine the market clearing price. They analyze the market if prices are set above or below the market clearing price.
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
Market Basics: Demand, Supply, and Price Determination
Students are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when there...
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
Japan's Place In The World
Students conduct research into the history of th Japanese rise to economic power. They use a variety of sources for information and engage in a variety of in class and out of class activities.
Curated OER
Market Equilibrium Writing Exercise
In this economics activity, 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.
Curated OER
New Equilibrium Worksheet
In this economics practice worksheet, students respond to 20 questions where they calculate new equilibrium points and label diagrams.
Curated OER
Supply and Demand Worksheet
In this international economics worksheet, students use their problem solving skills to respond to 25 questions about supply and demand.
Curated OER
Supply and Demand
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply...
Curated OER
In the Chips
Students explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
Curated OER
Demand and Supply-It's What Economics Is About!
Students engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual way and...
Robert Schenk, PhD
Saint Joseph's College: Shortages and Surpluses
This site provides easy to understand examples of shortages and surpluses, and what each looks like on a supply and demand graph.
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.
Robert Schenk, PhD
Saint Joseph's College: Supply and Demand Buyer Equilibrium
Summarizes buyer equilibrium. Then click Next button at the bottom to learn about seller equilibrium as well as shortages & surpluses.
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...
Council for Economic Education
Econ Ed Link: Supply and Demand, Lessons From Toy Fads.
The concepts of supply and demand and related terms are taught through stories about the toy fads of Hula Hoops and Silly Bandz. In 1958, Wham-O, Inc. began marketing the Hula Hoop in the United States and sales of the Hula Hoops...
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...