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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...
Source: EconEdLink Grade: 6-8 Published: 06/11/2009

What Is Money? Why Does It Have Value?
In this lesson, students consider the fact that the value of money differs depending on where the money is being spent. In order to understand this idea, students will first develop a deeper understa...
Source: EconEdLink Grade: 6-8 Published: 11/26/2008

Marketplace: Iraq's Supply and Demand
In this lesson, students listen to an audio file about how the growing demand for workers in Iraq in May 2004 affected the job market, and how the effects of low growth in the supply of workers shaped...
Source: EconEdLink Grade: 9-12 Published: 07/30/2008

Marketplace: Price Increase or Price-Gouging?
Students learn about price-gouging. Using a hypothetical post-disaster example, they will learn more about supply and demand, as well as the complexities associated with price increases in a supply-co...
Source: EconEdLink Grade: 9-12 Published: 06/23/2008

The Choice is Us: Monopolies
This lesson introduces the concept of monopoly. It calls upon students to consider how monopoly power might affect the quality and price of goods and services offered to consumers. In light of what th...
Source: EconEdLink Grade: 6-8 Published: 06/22/2007

China - Where will they fit in the world economy?
With its, emerging middle class, its new markets, and a new emphasis on increasing its technology base, where is China going to fit in the world economy?
Source: EconEdLink Grade: 9-12 Published: 11/10/2006

Marketplace: Teen Nightclubs
Ask your average teenager where they can hang out on the weekends and most will tell you there aren't many options. The movies, the mall and someone's house just about sum it up. So an intrepid entrep...
Source: EconEdLink Grade: 9-12 Published: 07/27/2006

The Price of Gasoline: What's Behind It?
In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other fact...
Source: EconEdLink Grade: 6-8 Published: 07/21/2006

Did You Get the Message?
Advertising is the primary tool used by businesses to tell consumers about the goods and services they sell in the marketplace. Businesses also use advertising to try to convince consumers to buy what...
Source: EconEdLink Grade: 3-5 6-8 Published: 06/15/2006

Why does Brett Favre make $8.5 million per year?
What determines a person's salary? Why do professional athletes make so much money? People who work as firefighters, police officers or teachers are clearly more important to our society, yet they ma...
Source: EconEdLink Grade: 9-12 Published: 06/06/2006

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