Pricing Strategies

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...

Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for...

Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...

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....

The informational textbook covers topics like supply, demand, price ceilings, and markets for goods and services. Scholars also review vocabulary and test their knowledge of the material with the assessments provided within the...

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...

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...

By the end of this section, you will be able to calculate and graph budgets constraints, explain opportunity sets and opportunity costs, evaluate the law of diminishing marginal utility, and explain how marginal analysis and utility...

This page poses a situation which is followed by four problems to solve. They are based on information in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.

Opportunity cost (and marginal cost) based on the PPF. This is an direction of economics based on tradeoffs in an area of fixed resources. [5:49]