Other
Amos Web Gloss Arama: Market Equilibrium
This economic glossary site gives a basic definition of market equilibrium.
University of Colorado
University of Colorado: Summary Table of Market Equilibrium
Chart that shows what happens to equilibrium price and quantity when both supply and demand remain constant or shift.
Khan Academy
Khan Academy: Market Equilibrium
The actual price you see in the world is a balancing act between supply and demand.
The Environmental Literacy Council
Environmental Literacy Council: Supply and Demand: How Markets Work
An article on supply and demand and how markets work. Related links for teachers.
Khan Academy
Khan Academy: Lesson Summary: Long Run Self Adjustment in the Ad as Model
In this lesson summary review, remind yourself of the key terms and graphs related to the long-run self-adjustment mechanism. The long-run self-adjustment mechanism is one process that can bring the economy back to "normal" after a...
Khan Academy
Khan Academy: Efficiency in Perfectly Competitive Markets
Why are perfectly competitive markets efficient?
Other
South Western Learning: Econ News: Comparative Statics: Perfect Competition
This site offers economics-based newspaper headlines and asks follow-up questions based on supply and demand in a perfectly competitive market.
Council for Economic Education
Econ Ed Link: The Prices Are Changing
This instructional activity will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.
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....
Curated OER
Equilibrium Wages
Descriptions, examples, and graphs are used to help explain equilibrium wages.
Curated OER
Equilibrium Wages
Descriptions, examples, and graphs are used to help explain equilibrium wages.
Massachusetts Institute of Technology
Mit: Open Course Ware: Principles of Microeconomics
An introductory course in the fundamentals of microeconomics. Includes a list of suggested readings, lecture notes, assignments, and exams.
Khan Academy
Khan Academy: Lesson Overview: Taxation and Deadweight Loss
This article provides an overview of Taxation and Deadweight Loss. When a tax is imposed on a market it will reduce the quantity that will be sold in the market. Whenever the quantity sold in the market is not the equilibrium quantity,...
Curated OER
Monopolistically Competitive Firm in Long Run Equilibrium
This site uses interactive graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Texas Education Agency
Texas Gateway: Chapter 3: Demand and Supply: Review Questions
This is a list of 24 review questions covering the content of Chapter 3: Demand and Supply from the TEA AP Macroeconomics online text.
Curated OER
Labor Market Equilibrium With a Payroll Tax
This site provides a good analysis of the concepts of marginal product, marginal revenue product, marginal costs, and how a monopsonist determines wages and quantity of labor hired.
Other
Online Texts: Monopolistic Competition: Demand Change
This site uses graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Council for Economic Education
Econ Ed Link: Supply and Demand, Lessons From Toy Fads.
The concepts of supply and demand and related terms are taught through stories about the toy fads of Hula Hoops and Silly Bandz. In 1958, Wham-O, Inc. began marketing the Hula Hoop in the United States and sales of the Hula Hoops...