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Classroom Clues: Children's Literature for Understanding Economics
How do you teach obscure economic concepts to younger elementary students? One way is through children's literature. This site has a large variety of children's picture books that teach various economic concepts such as supply and...
Khan Academy
Khan Academy: Shifts in Aggregate Supply
If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...
Robert Schenk, PhD
Cyber Economics
An incredible site! This is an interactive textbook that clearly and concisely covers any topic you can think of under both microeconomics and macroeconomics. Select "Table of Contents" to begin.
Council for Economic Education
Econ Ed Link: Tapped Dry: How Do You Solve a Water Shortage?
Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one...
Khan Academy
Khan Academy: Law of Demand
If the price of something goes up, people are going to buy less of it.
Council for Economic Education
Econ Ed Link: Babysitter Shortage in Washington, d.c.
What is responsible for the shortage of babysitters in Washington, DC? Identify the parts of the article which indicate a decrease in supply and an increase in demand.
Curated OER
Market Price: Supply & Demand
This site from Wood Green School Witney explains market price. It includes graphs related to supply and demand. The explanation deals with basic economic terms establishing equilibrium market price. The site is theoretical in nature and...
Other
Economic Glossarama: Supply
This economic glossary provides a definition of supply, and 2000 other economic terms and concepts.
Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
Khan Academy
Khan Academy: Macroeconomic Perspectives on Demand and Supply
Read about the differing macroeconomic perspectives of Keynes and Say.
Khan Academy
Khan Academy: Lesson Summary: Banking and the Expansion of the Money Supply
This lesson summary from Khan Academy is intended for students who are taking the AP Macroeconomics course. In this lesson summary will review key terms and calculations related to fractional reserve banking, required reserves, excess...
Council for Economic Education
Econ Ed Link: The Economics of Recycling
Learners will review the legislation in Japan that requires all consumers to pay a fee for recycling large appliances.
Council for Economic Education
Econ Ed Link: The Economics of the Family Farm
Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent farm crisis in this lesson.
University of Nebraska Omaha
Ec Ed Web: Analyzing the Demand Curve
Lists the determinants of demand for a product and service. The site is useful for students wishing to look further into the causes of demands. Graphs and summaries are included to aid research.
ClassFlow
Class Flow: Economics Vocabulary
[Free Registration/Login Required] This flipchart explains basic economics vocabulary such as producers, consumers, and different kinds of resources; limited, unlimited, natural and human. Student assessment items are included.
Khan Academy
Khan Academy: How the Ad/as Model Incorporates Growth, Unemployment, Inflation
The aggregate demand/aggregate supply, or AD/AS, model is one of the fundamental tools in economics because it provides an overall framework for bringing economic factors together in one diagram. These factors include economic growth,...
Khan Academy
Khan Academy: Market Equilibrium
The actual price you see in the world is a balancing act between supply and demand.
Texas Education Agency
Texas Gateway: Ch. 12: The Policy Implications of the Neoclassical Perspective
By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the...
Texas Education Agency
Texas Gateway: Chapter 12: Balancing Keynesian and Neoclassical Models
By the end of this section, you will be able to do the following: Evaluate how neoclassical economists and Keynesian economists react to recessions and Analyze the interrelationship between the neoclassical and Keynesian economic models.
University of Minnesota
University of Minnesota: 2.1 Factors of Production: Principles of Economics
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Khan Academy
Khan Academy: Keynes' Law and Say's Law in the Ad/as Model
Compare Keynes's and Say's law in the context of aggregate supply and demand.
Khan Academy
Khan Academy: Lesson Summary: Changes in the Ad as Model in the Short Run
In this lesson summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and supply...
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...
Khan Academy
Khan Academy: Market Equilibrium, Disequilibrium, and Changes in Equilibrium
In this lesson summary review and remind yourself of the key terms and graphs used in the analysis of markets. Topics include how to use a market model to predict how price and quantity change in a market when demand changes, supply...