Curated OER
Explorations in Economic Demand, Part I
Your economists will relate to the choices at hand in this personal budgeting scenario. A passage describes Bob's predicament: he's going away to college and must buy his own clothes, including the pricey Levis he wants to buy 8 of....
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Law of Supply
Review and restate the law of supply. In groups, learner practice reading a supply schedule and supply curve. They explain how and why changes in the cost of production change supply, then work together to complete practice problems to...
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Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
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Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven instructional activity with a lot of interesting information.
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It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
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Imports and Exports for Making a Food Pyramid
Students examine the food pyramid and discuss it nutritional value. They play a game to determine what types of foods and number of servings they need to complete food pyramids. they can i"import" or "export" cards with foods they need...
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Supply & Demand (Economics)
In this economics activity, students answer six questions about supply and demand by using the provided word bank.                                 Â
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Economics: Supply, Demand & Personal Finance
In this Economics/Personal financial literacy instructional activity, students use USA Today to find article, photos, charts, or graphics related to events that are affecting the prices of different products and services. Students...
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Life is Starting to Change
Students investigate the tough economic times by discussing supply and demand. Â In this economics instructional activity, students read a news article and identify specific examples of the oil crisis that has touched their lives....
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Why Do Gasoline Prices React to Things That Have Not Happened?
Young scholars investigate how the price of gas is determined. In this economics lesson, students analyze supply and demand and seasonal demand, create tables and graphs and reflect on consumer expectations. Â
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Why Nations Trade
Students discuss international trade. In this trade instructional activity, students read about comparative advantage and the benefits of international trade. Students perform a skills test to determine their individual specialization...
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Economics during the Civil War
Students synthesize the concepts of scarcity, supply, and demand, pertaining to the Civil War time period. In this economics lesson, students gain understanding of economic terms through read-alouds, Venn diagrams, (comparing lifestyles...
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Economics
Third graders write about a time they have experienced supply and demand affecting price. In this economics instructional activity, the students define basic economic words, then the teacher introduces a real-life example of supply and...
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Shifts in Supply and Demand
Providing four supply and demand charts for your learners' interpretation, Part A of this activity quizzes their comprehension skills with six questions below. In Part B, students analyze additional charts and choose whether or not the...
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How Markets Allocate Resources
Students study how markets allocate resources, students read background, analyze graphs, and make predictions about the impact of variables on the curves.
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A New Business: Vinnie's Pizzeria and the Lessons of Supply and Demand
In this supply and demand worksheet, students read about supply and demand and the impact these can have on a new business. They then answer the 9 questions in the packet. The answers are at the end of the packet.
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Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
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Supply and Demand
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on...
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Kindergarten Money
Students identify the various coins and their values through presentations, a rubric, a value pretest, and coin manipulatives. Money is incorporated into various activities whether at home or in school. Students create money webs using...
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Market Simulation
Students explore the role of markets in Asian countries. They bring items from home to barter with to simulate markets. They discuss the advantages and problems of exchanging and how price is determined.
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The Labour Market: Supply and Demand
Students question and evaluate the relevance of the traditional model of the labour market and apply it to public sector workers. They investigate problem problems and apply theories such as marginal revenue product to service sector...
Council for Economic Education
Tapped Dry: How Do You Solve a Water Shortage?
Students, after evaluating different allocation methods for water, determine the costs and benefits of each method.
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Hot Commodities in Turm-Oil?
Learners assess their daily consumption of oil and petroleum-based products. They examine current global oil supply situation.
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Fourth Grade Earning and Learning Podcast
While this lesson is connected to social studies curriculum that is not identified, the activity could be used as a template for a review of any material. The lesson focuses on a review of vocabulary relating to the economy. Pupils...