Economic Systems
Contrast market and command economies.
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Lessons & Activities
16-30 min
Supply & Demand: How Do Markets Determine Price?
OVERVIEW
Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives. The infographic highlights basic concepts such as the laws of supply and demand, changes in demand versus changes in the quantity demanded, and more.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
16-30 MIN
Aggregate Demand and Aggregate Supply: Negative Demand Shock
Introduces the benefits and costs of international trade.
MODULES
16-30 MIN
Demand
Describe the demand side of the market.
READING Q&A
16-30 MIN
Sold Fast: Price Tags and the Impact on Consumer and Producer Surplus
Introduce the concepts of producer and consumer surplus and the role of price tags in decision-making.
LESSONS & ACTIVITIES
0-15 MIN
Entrance and Exit Tickets for a General Economics Classroom
Short formative assessments for the general economics classroom.
INFOGRAPHICS & COMICS
Supply & Demand: How Do Markets Determine Price?
Learn about the basics of supply, demand, and market equilibrium.
