Oil Prices: Demand and Supply
Description Return to Resource List
- Title
- Oil Prices: Demand and Supply
- Reserve Bank
- St. Louis
Summary
In this lesson, students learn the determinants of demand and supply, recognize which factors will cause demand curves or supply curves to shift, determine equilibrium using a demand/supply graph, and show the effects on price and quantity when equilibrium changes.
Additional Information
| Types |
|
Lesson Plans
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| Topic |
|
Economics |
| Target Audience |
|
Teachers |
| Grade Level |
|
5-8 |
| Keywords |
| determinants, of, supply, and, demand |
| Education Standards |
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