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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.
University of Nebraska Omaha
Ec Ed Web: Andersonville Prison: An Economic Microcosm
This site provides a lesson plan that investigates concepts of scarcity, economic wants, command economic systems, market economic systems, and markets and prices.
Econoclass
Econoclass: Resources for Economic Teachers
A site with resources for teachers teaching high school economics.
Scholastic
Scholastic: Serving Up Economics
This lesson plan describes how students can use a restaurant setting to study the basic concepts of economics, while they learn business, math, and even get to eat.
Other
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...
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.
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...
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: 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...
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.
Khan Academy
Khan Academy: Changes in Equilibrium Price and Quantity: The Four Step Process
Analyze some step-by-step examples of shifting supply and demand curves. This resource is designed for students who are taking a college-level microeconomics course.
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: 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: 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.
University of Colorado
University of Colorado: Aggregate Supply and Demand
This site is a short lesson on business cycles, aggregate demand, and aggregate supply. It has some good explanations of the terms.
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: Changes in Equilibrium
Practice finding a new equilibrium price and quantity when supply changes, demand changes, or both supply and demand are changing simultaneously.`This resource is designed as a review for the AP Microeconomics Test or a college-level...
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: 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: The Economics of Recycling
Learners will review the legislation in Japan that requires all consumers to pay a fee for recycling large appliances.
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.
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