Curated and Reviewed by
Lesson Planet
This Market Basics: Demand, Supply, and Price Determination lesson plan also includes:
- Vocabulary
- Join to access all included materials
Students 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 there are price incentives present. They also illustrate the impact of the invisible hand of competition on these topics.
95 Views
116 Downloads
Concepts