Council for Economic Education
Econ Ed Link: The Prices Are Changing
This instructional activity will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.
Other
Alliance for Investor Education: Investor's Clearinghous
This site is dedicated to facilitating greater understanding of investing, investments, and the financial markets among current and prospective investors of all ages.
Savvas Learning
Pearson Education: National Brands Versus Private Labels and Generics
This article compares national brands to generic brands, with respect to prices, customer satisfaction, and product differentiation.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Supply & Demand
Highlights basic concepts such as the law of supply and demand, changes in demand and supply versus changes in the quantity demanded and the quantity supplied, the determinants of demand and supply, and market equilibrium.
Council for Economic Education
Econ Ed Link: A Fair Wage
Income for most people is determined by the market value of the productive resources they sell. What workers earn depends, primarily, on the market value of what they produce and how productive they are.
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 3)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Council for Economic Education
Econ Ed Link: The Price of Gasoline: What's Behind It?
In this lesson plan, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
University of Nebraska Omaha
Ec Ed Web: Virtual Economics Web Companion
The Virtual Economics Web Companion for K-12 economics and social studies teachers was created by the National Council on Economic Education. A wide variety of educational materials and lesson plans can be accessed through this site....
Council for Economic Education
Econ Ed Link: Focus on Economic Data
This lesson focuses on the May 1, 2013, press release by the Federal Reserve System's Federal Open Market Committee (FOMC) on the current Federal Reserve monetary policy actions and goals, and specifically, the federal fund's rate...
Council for Economic Education
Econ Ed Link: Nothing to Buy
This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...
Council for Economic Education
Econ Ed Link: Chevy Volt It's Electric!
The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed.
Council for Economic Education
Econ Ed Link: What Happened to Railroads?
Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral part of people's lives. For this lesson, students assume the role of detectives investigating why the rail companies...
Council for Economic Education
Econ Ed Link: Supply and Demand, Lessons From Toy Fads.
The concepts of supply and demand and related terms are taught through stories about the toy fads of Hula Hoops and Silly Bandz. In 1958, Wham-O, Inc. began marketing the Hula Hoop in the United States and sales of the Hula Hoops...
Council for Economic Education
Econ Ed Link: What Do People Want to Wear?
To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites, students will look to anticipate what consumers are demanding. Students will then go through the market...
Council for Economic Education
Econ Ed Link: Economics in the Headlines
Students learn how to identify headlines in the news and current events as illustrations of problems in supply and demand. Students will be linked to news sites to create their own analysis of supply and demand issues in problems facing...
Council for Economic Education
Econ Ed Link: Us and Eu Go Bananas Over Trade
Economists generally agree that free trade helps to improve the overall quality of life in countries that participate. However, disagreements do arise concerning trade agreements. This instructional activity looks at a disagreement...