Markets in Action

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...

What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.

Explain the four categories of financial indicators (commodity prices, stock indexes, interest rates, and yield spreads), and help your class members understand how changes in this data can affect decisions regarding consumer spending,...

The saga of Sal's fictional bank - as it relates to the very real-world banking world today - continues in this video, which covers ways to account for an asset (mark-to-model vs. mark-to market). Sal does not hide his opinion here,...

How do price ceilings result in shortages in the United States economy? Watch as an instructor uses graphs to illustrate this concept, as well as how price floors result in surpluses; all in less than 60 seconds!

What can microeconomics students expect to learn about when it comes to a unit on market failures and the role of the government? Introduce your young economists to the why and how of free market failures and how the government...

Here is a brief introduction to the concepts covered in an economics course unit on the costs of production and perfect competition.

The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...

Does the government really control the prices of consumer products? Scholars look into the concept of price signals and how they relate to the overall buying and selling power in a market economy. The 12th lesson of a 21-part Economic...

The concept of opportunity cost challenges historians to analyze how some choices come at a loss in the opening lesson of a 21-part economic series. Podcasts offer insight into the subject of what a decision costs the consumer....