Supply and Demand - Everyday Life

In this economics instructional activity, students answer six questions about supply and demand by using the provided word bank.                                  

Fifth graders discuss the affects of supply and demand on prices and purchasing habits. Given a scenario, student groups discuss how demand and other factors can affect the price of an object. They predict a change in price dependent...

Young scholars relive history as they examine primary sources that document everyday life in the California missions. During a class viewing of the included slideshow presentation, children analyze documents, paintings, and drawings in...

A hands-on simulation perfect for an economics lesson, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their cost. Simulate...

Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...

Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...

Students identify how do geography and ecology influence a region's folklife. Then they investigate this question and consider how an outsider might view their own region in this lesson. Students also identify how the natural world, even...

Students build a demand schedule, and analyze a supply schedule for slices of cheese pizza, and then determine the market clearing price. They analyze the market if prices are set above or below the market clearing price.

Students define choice, cost, supply, demand, and scarcity. They apply the terms in an economic sense to a historical event. Finally, students read an excerpt from the oral history interview with a submarine veteran conducted by the...

Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. For this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply and...