Entrance and Exit Tickets for a General Economics Classroom
Short formative assessments for the general economics classroom.
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The concept of supply and demand is often called the heart and soul of economics. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives. This infographic highlights basic concepts such as the laws of supply and demand, changes in demand and supply versus changes in the quantity demanded and the quantity supplied, the determinants of demand and supply, and market equilibrium.
Entrance and Exit Tickets for a General Economics Classroom
Short formative assessments for the general economics classroom.
Economic Systems
Contrast market and command economies.
Supply
This video assignment explains the concept of supply.
Market Equilibrium
Discuss market equilibrium.
Price Signals
Explain how price signals influence decision-making.
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.
How Do I Make a Decision?
Learn about PACED decision-making
Price Ceilings & Price Floors
Learn about the effects of price controls on a market.
Trade: Why Do Nations Trade?
Visualize key components of international trade.
Economic Systems
Contrast market and command economies.
Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
Circular Flow
Visualize the circular flow diagram.
Maximum Employment
Learn about maximum employment and how it is measured.
Price Stability
Learn about price stability and how it is measured.
Taxes
The infographic highlights that taxes are used to pay for the goods and services that different levels of government provide.
Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
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