Costs and Competitive Market Supply

A series of economic activities should keep your class busy for a while. Six different worksheets review the concepts of price elasticity, demand, and U.S. economics. Multiple real-world applications and scenarios house each of the ten...

Twelfth graders and college students alike work on great practical application problems related to supply and demand with this worksheet series. There are five different worksheets containing graphs, charts, and scenario based problems...

Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...

Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...

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...

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,...

The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...

When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a lesson that focuses on OPEC and...

By the end of this section, you will be able to identify factors that affect demand, graph demand curves and demand shifts, identify factors that affect supply, and graph supply curves and supply shifts.

Does the economy ever achieve a perfect balance? Scholars analyze how the market balances itself with supply and demand. The third episode in a 10-part video series on economics focuses on consumer demand and its impact on overall prices...