Curated OER
Elasticity
Pupils analyze the meaning of the business term, elasticity, and discuss the main elasticity concepts of price, income, and cross elasticity. They manipulate and demonstrate various business formulas.
Curated OER
Elasticity
Students are introduced to the topic of elasticity. As a class, they identify demand as being either price elastic or price inelastic when given examples. They discover the relationship between percentage changes in the quantity sold...
Curated OER
Market Structures and Competition
Young scholars review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the...
Curated OER
Economics: Elasticity of Prices
Students discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.
Curated OER
Paying to Use A Scarce Resource: Carbon and Sulfur Taxes
In this Paying to Use a Scarce Resource learning exercise, students read background information, analyze a graph, make predictions about the impact of variables and answer questions.
Federal Reserve Bank
Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and...
Curated OER
New Equilibrium Worksheet
In this economics practice worksheet, students respond to 20 questions where they calculate new equilibrium points and label diagrams.
Curated OER
Price Floors and Ceilings
In this economics worksheet, learners examine price floors and ceilings as they use a chart to answer 4 short answer questions regarding the topic.
Curated OER
Interior Design: Poster Board Lines
Observe different types of lines and apply skills to create posters demonstrating line directions. Discern the four different types of lines and the ambience each creates in a room. In groups, explain each line poster.
Curated OER
Chapter 19: Disputes Over Macro Theory and Policy
Instruct your future businessmen and women about the different theories of economics in this informative presentation. With graphs and thorough explanations, these slides would couple well with a lecture on Classical and Keynesian...
Curated OER
Oil Crisis: Get Into the Game
Students participate in activities to develop an understanding of the world oil crisis. In this oil crisis lesson, students read online articles about the oil shortage. They attempt to develop a solution to problem and to take action....
Curated OER
Microeconomics Summary
Twelfth graders study microeconomics. In this Economics lesson, 12th graders draw graphs on government taxes. Students decide if these graphs are true or false.
Curated OER
Microeconomics Study Guide, Section II: Elasticities
For this economics worksheet, students define elasticity, calculate ranges of elasticity, and label diagrams pertaining to the concept of elasticity.
Curated OER
Surpluses, Shortages, and Equilibrium
Students review and discuss the meaning of equilibrium. As a class, they participate in a game of "The Price is Right" in which they guess the true market price of various items. They explain how shortages and surpluses tend to force...
Curated OER
Exchange Rate Problems
In this economics worksheet, students respond to 10 short answer and multiple choice questions about exchange rates throughout the world.
Curated OER
Mr. Yamada’s Tips for Success on Current Events Commentary: Macroeconomics
In this economic systems worksheet, students read and follow the provided 5 tips to locate, analyze, and discuss macroeconomics current event issues.
Curated OER
IB Economics: Unit 3 – Macroeconomics Study Guide
In this economics worksheet, students respond to 72 short answer and problem solving questions regarding the study of macroeconomics.
Texas Education Agency
Texas Gateway: Demand, Supply, and Equilibrium in Markets for Goods and Services
By the end of this section, you will be able to explain demand, quantity demanded, and the law of demand; identify a demand curve and a supply curve; explain supply, quantity supply, and the law of supply; and explain equilibrium,...
Other
The Aggregate Supply Curve
"The Aggregate Supply Curve," by Baumol, William J., and Alan S. Blinder. Economics: Principles and Policy, 7th ed. Orlando, FL: The Dryden Press, 1997, pp.628-642.
Khan Academy
Khan Academy: Aggregate Demand and Aggregate Supply Curves
This article explains how the concepts of supply and demand can be applied to the economy as a whole. Includes examples of an aggregate demand curve and an aggregate supply curve, and review questions at the end.
Texas Education Agency
Texas Gateway: Shifts in Demand and Supply for Goods and Services
By the end of this section, you will be able to identify factors that affect demand, graph demand curves and demand shifts, identify factors that affect supply, and graph supply curves and supply shifts.
Sophia Learning
Sophia: Concept of Demand
A series of resources provided to teach students the concept of demand and demand curve shifts. After taking notes, students can view two video segments to help clarify the concept.
Texas Education Agency
Texas Gateway: Ch. 10: Buildling a Model of Aggregate Demand & Aggregate Supply
By the end of this section, you will be able to do the following: Explain the aggregate supply curve and how it relates to real GDP and potential GDP, Explain the aggregate demand curve and how it is influenced by price levels, Interpret...
Other
Microeconomics Chapter 6: Price Elasticity of Supply
Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.
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