Supply, Demand, and Market Equilibrium

This Supply, Demand, and Market Equilibrium lesson plan also includes:

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 discusses step by step how to conduct these simulations alongside a PowerPoint, as well as the necessary activity handouts, worksheets, and answer keys.

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CCSS: Adaptable
Pros

  • Includes assessment to follow-up lesson activities
  • Detailed instructional guide to accompany PowerPoint presentation
Cons

  • Learners should have basic understanding of math concepts such as slope and x/y axis
  • Will require a good deal of preparation time for instructor