Equilibrium Prices And Equilibrium Quantities
In this economics worksheet, students plot data regarding the demand for the supply of a product and answer 6 detailed fill in the blank/multiple choice questions regarding market prices and quantities.
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Demand and Supply—It’s What Economics Is About!
For this economics lesson, students examine the principle of supply and demand related to the oil market as they identify factors that cause curves and shifts and determine equilibrium. Upper graders read an informational article and use...
9th - 12th Social Studies & History
Battle Behind the Pumps - Exploring Supply & Demand
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why the price of oil is increasing. They will then simulate being members of a...
10th - 12th Social Studies & History CCSS: Adaptable
Would Increasing the Minimum Wage Reduce Poverty?
Here is a fantastic and relevant question to discuss with your class members. Using detailed reading material and a related worksheet, your learners will learn about labor markets, equilibrium wages, price floors, and who exactly would...
9th - 12th Social Studies & History CCSS: Designed
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...
10th - 12th Social Studies & History
Long Run Aggregate Supply, Recession, and Inflation (LRAS)
What happens to price, quantity, and GDP on a graph when the aggregate demand and aggregate supply curves shift? Economics instructor Mr. Clifford provides another great instructional video for macroeconomics students, covering such...
4 mins 11th - 12th Social Studies & History CCSS: Adaptable
Price Controls, Subsidies, and the Risks of Good Intentions
When prices get too high, the government should put price controls in place, right? Not necessarily. A video from Crash Course Economics explains how price controls can affect the equilibrium price of a product, and potentially lead to a...
10 mins 9th - 12th Social Studies & History CCSS: Adaptable