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 eff...
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 complexit...
Grade: 9-12    Published: 06/23/2008


What causes inflation?
This lesson explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk about the good o...
Grade: 9-12    Published: 01/12/2006


Here's Your Chance to Make Millions in the Stock Market (Part 3)
In Part III of this lesson, students will have the opportunity to complete an interactive exercise that will take them on a historical tour of the ...
Grade: 9-12    Published: 11/08/2002


Here's Your Chance to Make Millions in the Stock Market (Part 1)
In this lesson students will learn about the impact that efficient markets have on attempting to correctly time the stock market, as well as how in...
Grade: 9-12    Published: 11/08/2002


Related Print Lessons


The following lessons come from the Council for Economic Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information.

Mathematics & Economics: Connections for Life - 9-12Mathematics & Economics: Connections for Life - 9-12
Grade: 9-12   Published: 2001
7 of the 15 lessons are related to this lesson. The top 5 are listed below.


Lesson 7: The Mathematics of Nonlinear Economic Shapes: The Production Possibilities Curve
Because the resources (such as raw materials, minerals, energy, labor, equipment, machinery, etc.) that are used to produce goods and services are limited in their availability, we cannot have all tha...
Lesson 6: The Mathematics of Linear Economic Shapes: Slopes and Elasticities
As was noted in Lessons 1 - 4, a demand curve is used to describe the willingness and ability of buyers to purchase various quantities of goods and services at alternative prices. The visual represent...
Lesson 5: The Gains From Trade
This lesson is an application of the supply and demand tools developed in lessons 1-4. In the earlier lessons, models of supply and demand were introduced to show students how (equilibrium) prices are...
Lesson 1: The Nature of Demand
This lesson develops the economic tool of demand. Demand is determined by the value that people attach to a product (a good or a service). A demand curve is a graph with a negative slope that lies in ...
Lesson 2: The Nature of Supply
This lesson develops the economic tool of supply. Supply is determined by the willingness and ability of producers to sell a product (a good or a service) at different prices. A supply curve is a grap...

Your Credit Counts Challenge: Trainer's GuideYour Credit Counts Challenge: Trainer's Guide
Grade: 7-adult   Published: 2004
1 of the 6 lessons are related to this lesson. It is listed below.


Section 6: The Basics of a Market Economy
Participants will identify the characteristics of people who build wealth. Participants will recognize the primary features of a market economy including voluntary exchange, private ownership, a pric...

Economics in Action: 14 Greatest Hits for Teaching High School EconomicsEconomics in Action: 14 Greatest Hits for Teaching High School Economics
Grade: 9-12   Published: 2003
2 of the 14 lessons are related to this lesson. They are listed below.


Lesson 7 - A Market in Wheat
Students participate as buyers or sellers in a simulation that shows how a competitive market works. They determine individual profits or losses from market transactions. They use data from the simula...
Lesson 10 - The Circular Flow of Economic Activity
In this lesson, the students read about market interactions and participate in a simulation. "Econoland" involves transactions between businesses and households in two kinds of markets: product marke...

Focus: High School EconomicsFocus: High School Economics
Grade: 9-12   Published: 2001
3 of the 21 lessons are related to this lesson. They are listed below.


Lesson 6: Price Controls -- Too High or Too Low
Sometimes governments interfere with market forces by establishing minimum prices or maximum prices for specific goods and services. Examples of such legal price controls include minimum prices for m...
Lesson 5: Markets Interact
Supply and demand analysis is most often used to show the impact of market changes on equilibrium price and quantity for a particular good or service. But it can also be used to show how changes in o...
Lesson 16: The Circular Flow(s)
The circular flow of economic activity is a simplified model of the basic economic relationships in a market economy. This model gives students an overview of how households, businesses, and the gove...

Capstone: Exemplary Lessons for High School Economics - Teacher's GuideCapstone: Exemplary Lessons for High School Economics - Teacher's Guide
Grade: 9-12   Published: 2003
6 of the 45 lessons are related to this lesson. The top 5 are listed below.


Unit 2: Lesson 13 - How Markets Allocate Resources
Students read I, Pencil, by Leonard Read, to gain an understanding of Adam Smith's concept of the invisible hand of the marketplace. Students see that a system of market prices brings about cooperati...
Unit 2: Lesson 14 - Secondary Effects: Price Ceilings and Floors
Students investigate the consequences of price controls in markets for silver, rock concerts, automobiles, razor clams, and school textbooks. (It would be best to use this lesson after students have p...
Unit 2: Lesson 10 - Equilibrium Prices and Equilibrium Quantities
In examining a visual about the market for yo-yos, students think through the process of mutual accommodation among buyers and sellers that results in an equilibrium price. Students then complete an ...
Unit 2: Lesson 6 - Why Did Communism Collapse?
Students examine and discuss visuals to solve an economic mystery regarding the command system of the Soviet Union.
Unit 2: Lesson 7 - A Silver Market
Students participate in a simulation activity that shows how a competitive market works. Although most markets for goods and services are not as competitive as the silver commodity market, the exampl...

 

 
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