Curated OER
Consumer Surplus Lesson Plan: 1 X 1 Hour Lesson
Students investigate the concept of consumer surplus as it relates to economic policy and decision making. They determine the difference between the value they place on something as compared to the price that they actually pay for it...
Curated OER
Consumer Surplus
Students examine the meaning of the term consumer surplus, and apply the concept to various scenarios.
Curated OER
Why Is a Demand Curve Downsloping? The Law of Diminishing Marginal Utility
Challenge your class with this economy activity. Learners plot information on a demand curve, fill in a table of marginal utility, solve problems, and answer questions.
College Board
2016 AP® Microeconomics Free-Response Questions
How can a bakery—one of several in town—maximize its profits? A case study from College Board asks scholars to consider the question. Other practice queries examine the price and benefits of buying certain goods for one consumer and look...
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Curated OER
Market Basics: Demand, Supply, and Price Determination
High schoolers are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when...
Curated OER
Market Game in Oil
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
Curated OER
Causes of America's Great Depression
Students identify principal causes of the Great Depression. They analyze causes including a decline in worldwide trade, the stock market crash, and bank failures and explain the legacy of the Depression in American society.
Council for Economic Education
A Lesson on the Supply and Demand of Toy Fads
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...
Curated OER
International Trade, Part I, Protectionism
In this economics learning exercise, students define economic terms related to international trade and diagram domestic trade problems.
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
Supply, Demand, and Prices Worksheet
For this economics worksheet, students use their problem solving skills to respond to 34 questions about supply, demand and prices.
Curated OER
Those Golden Jeans - Demand Schedule
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.
Curated OER
The Fall of the Dollar
Students synthesize the basic workings of the international market for foreign exchange, especially how exchange rates are determined, how the value of a nation's currency is connected to its international trade, and how governmental...
Curated OER
Supply and Demand
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...
Curated OER
In the Chips
Young scholars explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
Curated OER
Demand and Supply-It's What Economics Is About!
Students engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual way and...