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Lesson Plan
Council for Economic Education

What Do People Want to Wear?

For Teachers 6th - 12th
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
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Lesson Plan
Council for Economic Education

I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich

For Teachers 9th - 12th
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
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Lesson Plan
Carolina K-12

Supply, Demand, and Market Equilibrium

For Teachers 10th Standards
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
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Lesson Plan
Council for Economic Education

A Lesson on the Supply and Demand of Toy Fads

For Teachers 6th - 8th Standards
Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...
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Lesson Plan
Curated OER

Surpluses, Shortages, and Equilibrium

For Teachers 9th - 12th
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...
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Lesson Plan
Curated OER

Market Basics: Demand, Supply, and Price Determination

For Teachers 9th - 12th
Young scholars are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when...
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Lesson Plan
Curated OER

Supply and Demand

For Teachers 4th
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply and...
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Lesson Plan
Curated OER

Understanding the Law of Supply and Demand

For Teachers 7th - 10th
Pupils examine the concept of supply and demand. They interpret the law of supply and demand and discuss the law. Students identify and list the factors of supply and demand. They discuss and recognize the impact of farm support and demand.
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Lesson Plan
Curated OER

Road To Roota

For Teachers 2nd - 7th
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson plan is highly engaging and enables them to discover how economics can be an exciting field of...
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Lesson Plan
Curated OER

In the Chips

For Teachers 12th
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
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Lesson Plan
Curated OER

Demand and Supply-It's What Economics Is About!

For Teachers 9th - 12th
Young scholars engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual...
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Lesson Plan
Curated OER

The Economics of Valentine's Day

For Teachers 9th - 12th
Students develop an understanding of the determinants of supply and demand. They use this understanding to explain changes in how supply and demand affect the price and the quantity exchanged of roses.
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Lesson Plan
Curated OER

Fitness Day

For Teachers 9th - 12th
Students develop skills and a comfort level in interpreting economic concepts through graphic analysis.
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Lesson Plan
Curated OER

Price Controls: Prescribed Drugs in North America

For Teachers 9th - 12th
Students examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the price...
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Lesson Plan
Curated OER

In the Chips

For Teachers 9th - 10th
Learners explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
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Lesson Plan
Curated OER

Battle of the Pole Holes

For Teachers 9th - 12th
Students consider the relationship between business and government. In this rural electrification lesson plan, students read "Battle of the Pole Holes," and then write editorials that address the way that business and government...
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Lesson Plan
Curated OER

Market Game in Oil

For Teachers 9th - 12th
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
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Lesson Plan
Curated OER

Frozen Price Game

For Teachers 10th - Higher Ed
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
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Lesson Plan
Curated OER

Who Wants to be a Millionaire?

For Teachers 9th - 12th
High schoolers examine wealth including analyzing and interpreting the sources of it.  For this social responsibility lesson students create their own political cartoon.
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Lesson Plan
Curated OER

Microeconomics Summary

For Teachers 12th
Twelfth graders study microeconomics.  In this Economics lesson, 12th graders draw graphs on government taxes.  Students decide if these graphs are true or false.
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Lesson Plan
Curated OER

The Market System and Consumerism

For Teachers 9th - 12th
Students examine their own consumption habits. Using various advertisements, they discuss their role in showing consumers what they must have in their lives. As a class, they encourage each other to change their habits and discuss how...
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Lesson Plan
Khan Academy

Khan Academy: Changes in Equilibrium Price and Quantity: The Four Step Process

For Students 9th - 10th
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.
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Prices Are Changing

For Teachers 6th - 8th
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.
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Lesson Plan
Econoclass

Econoclass: Frozen Price Game

For Teachers 9th - 10th
This game helps students to understand the concepts of changing supply, changing demand, and equilibrium price, as the price of bags of ice changes after a hurricane has swept through a community.