Sophia Learning
Sophia: Prices and Equilibrium
Through a series of resources, students use the concept of demand and supply to explain how free market prices and quantities are established, define equilibrium, and understand the idea of shortage and surplus.
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.
Council for Economic Education
Econedlink: Markets and Prices
This video teaches the concept of Markets and Prices. A market refers to a group of buyers and sellers for a given good or service. The price is the amount of money needed to buy a particular good or service. The website contains an...
Council for Economic Education
Econ Ed Link: The Prices Are Changing
This lesson 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.
University of Colorado
University of Colorado: Demand, Supply, and Markets
This site discusses in great detail the differences between demand, supply, and markets. Useful economic terminology is identified in bold.
Khan Academy
Khan Academy: Market Equilibrium
Practice what you've learned about finding equilibrium price and quantity both intuitively and graphically in this exercise.
Khan Academy
Khan Academy: Market Equilibrium and Disequilibrium
Practice what you have learned about how a market generates an equilibrium price and quantity, and the cause of surpluses and shortages in this exercise.
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.
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 young scholars with the story of Henry Ford and the Model T from an economics...
CNN
Cnn: Business
CNN & MONEY magazine combine business news, stock quotes & financial market coverage with personal finance advice, tools & investing tips.
Other
International Monetary Fund: World Economic Outlook Databases
These databases present economic data for individual countries, aggregated sets, and for commodity prices going back to 1999. The information is published twice a year.
Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
Library of Economics and Liberty
Concise Encyclopedia of Economics: Agricultural Price Supports
This is a scholarly explanation of price supports. It explains why agricultural price supports are used differently by poor countries than by wealthy countries.
Other
South Western Learning: Econ News: Price Ceilings and Price Floors
Offers a summary of when government intervention and market-determined prices are necessary to stabilize the economy. Includes an interactive quiz at the end.
Digital History
Digital History: Rise and Crash [Pdf]
A great explanaton of how the bull market was started in the stock market in March of 1928, and how, through speculaton and buying on margin, pushed up stock prices. See how the bubble burst over a series of days in October, 1929,...
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...
Council for Economic Education
Econ Ed Link: Nothing to Buy
This site is a printable instructional activity that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion...
Savvas Learning
Pearson Education: National Brands Versus Private Labels and Generics
This article compares national brands to generic brands, with respect to prices, customer satisfaction, and product differentiation.
Other
Alliance for Investor Education: Investor's Clearinghous
This site is dedicated to facilitating greater understanding of investing, investments, and the financial markets among current and prospective investors of all ages.
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...
Robert Schenk, PhD
Saint Joseph's College: Supply and Demand Buyer Equilibrium
Summarizes buyer equilibrium. Then click Next button at the bottom to learn about seller equilibrium as well as shortages & surpluses.
Other
Net Mba Business Knowledge Center: Supply and Demand
This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place...