Comparing Product and Resource Markets

This Comparing Product and Resource Markets video also includes:

Your young economists will compare the product and resource markets in two perfectly competitive firms by following along with this brief tutorial by an engaging economics instructor. 

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CCSS: Adaptable
Instructional Ideas

  • Post on your class website as a resource for review
  • Use explanations and graphs as a model for your own instruction
Classroom Considerations

  • Learners should understand concepts such as marginal revenue and marginal resource cost before beginning video
  • Appropriate for an advanced placement course
Pros

  • Main points of video are displayed as text at bottom of screen throughout video
Cons

  • None
Common Core