Supply & Demand: How Do Markets Determine Price?
Learn about the basics of supply, demand, and market equilibrium.
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Lessons & Activities
1 Hour+
Protection for Peanuts
OVERVIEW
This lesson on the economics of the peanut industry, using interactive activities, primary source analysis, and graphing, is a great tool for economics, history, and government teachers.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Adam Smith’s Invisible Hand: The Role of Self-Interest and Competition in a Market Economy
Hear Adam Smith’s analysis of how an “invisible hand” guides the economy.
MODULES
16-30 MIN
Supply
Describe the supply side of the market.
READING Q&A
16-30 MIN
The Market For Eggs: How Prices Are Hatched
This article explains how supply, demand, and avian flu impact fluctuating egg prices.
LESSONS & ACTIVITIES
0-15 MIN
Entrance and Exit Tickets for a General Economics Classroom
Short formative assessments for the general economics classroom.
LESSONS & ACTIVITIES
46-60 MIN
Understanding Price Elasticity
Introduce elasticity to your students.
