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Related Online Lessons
 | NYSE Made Easy This lesson will help students to understand the terms that are associated with the New York Stock Exchange. It will also help students to read a s... Grade: 9-12 Published: 05/31/2002 |
 | 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 |
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 - 9-12 Grade: 9-12 Published: 2001 7 of the 15 lessons are related to this lesson. The top 5 are listed below. 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 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 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... 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...
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 | Capstone: 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 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 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 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 7: Lesson 44 - World Environmental Issues: Is the Market at Fault? Students study for short case studies. They identify similarities and differences across these five case studies. After noting this information, they assess several environmental policy solutions. ...
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 | Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12 Published: 2003 1 of the 14 lessons are related to this lesson. It is 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...
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