How Markets Allocate Resources
Students study how markets allocate resources, students read background, analyze graphs, and make predictions about the impact of variables on the curves.
10th - 12th Social Studies & History 3 Views 6 Downloads
Demand and Supply—It’s What Economics Is About!
In 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
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
Currency Effect on Trade Review
For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...
10 mins 11th - Higher Ed Social Studies & History
Supply and Demand Curves - Basic Economic Concepts
Why does quantity demanded decrease as prices increase? Watch this video to compare the downward sloping curve of the law of demand with the upward sloping curve of supply, as well as to review such concepts as the substitution effect,...
5 mins 11th - 12th Social Studies & History CCSS: Adaptable
Currency Exchange Introduction
Learners are introduced to fluctuating currency exchange rates and the role therein of supply and demand. They understand the inverse relationship between supply and price based on these concepts, and view a hypothetical scenario...
12 mins 11th - Higher Ed Social Studies & History
Taking Stock in the Past for the Future
After reading and discussing an article reflecting on the Stock Market Crash of 1929 nearly a century later, learners are then divided into groups to analyze five articles from the week of October 28, 1929-November 1, 1929. They conclude...
9th - 12th Social Studies & History CCSS: Adaptable