In this 6 page packet, you will receive everything your students need to create a small “Handbook” on Supply and Demand. This handbook is intended to be a short preview/review to the concepts of supply and demand. I use this handbook as a preview/introduction of the concepts before we dig deeper. In this activity your students will: ***Teacher Directions are included.
1) Complete each page of the 9 page “half-sheet” handbook using their classroom textbook or internet. The topics they will be introduced to/review are:
-Law of Demand
-Illustrating the change in prices under Demand
-Law of Supply
-Illustrating the change in price under supply
-Elasticity of Supply/Demand
-Factors affecting Elasticity of Demand
-inelastic v. elastic
-students will draw and label a Supply and Demand Curve
-Excess Supply/Excess Demand
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