Short-Run and Long-Run Competitive Equilibrium
Calculate profit and loss, plot on diagrams, and solve problems for given scenarios and variables in this 3-page worksheet. Students will obtain excellent practice after completing these pages.
11th - Higher Ed Social Studies & History 3 Views 5 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
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 learning exercise, your learners will learn about labor markets, equilibrium wages, price floors, and who exactly...
9th - 12th Social Studies & History CCSS: Designed
Supply, Demand, and Market Equilibrium
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
10th - 12th Social Studies & History CCSS: Adaptable
The Phillips Curve (Short and Long Run)
How does one graph the Phillips curve? Here you'll find a great instructional video on how to use information and concepts from a basic aggregate supply and demand curve in order to draw the short run and long run Phillips curve.
4 mins 11th - 12th Social Studies & History CCSS: Adaptable
Graphing Perfect Competition Practice
This video will guide your young economists through a practice of graphing perfect competition by prompting them to identify the errors in several graphs attempting to illustrate a perfectly competitive firm making a profit.
2 mins 11th - 12th Social Studies & History CCSS: Adaptable