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Related Online Lessons
 | What Do People Want to Wear? To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites, students will ... Grade: 6-8 9-12 Published: 07/22/2003 |
 | Economics in the Headlines Students learn how to identify headlines in the news and current events as illustrations of problems in supply and demand. Students will be linked ... Grade: 9-12 Published: 05/02/2002 |
 | Economics of Internet Access You will learn why an understanding of shortages, supply, demand and the rationing function of prices is important as we encounter greater numbers ... Grade: 9-12 Published: 08/30/2000 |
 | 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 |
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 5 of the 15 lessons are related to this lesson. They are listed below. Lesson 3: Equilibrium: Determining Prices and Quantities Supply and demand affect the prices people pay and the quantities they exchange in a market economy. Equilibrium is said to occur at the point at which quantity supplied equals quantity demanded. This... 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... Lesson 4: Understanding the Mathematics of Changes in Supply and Demand This lesson asks students to look at the factors that cause a change in supply and/or a change in demand. Many factors influence the amount of a product that people are willing and able to purchase at...
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 | Focus: High School Economics Grade: 9-12 Published: 2001 2 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...
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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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