Economics: Understanding Demand Student Simulation and Activities

Economics: Understanding Demand Student Simulation and Activities
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Grade Levels
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7 MB|11 pages
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Product Description
This 11 page packet includes everything you need to conduct an introductory lesson on the Law of Demand, Substitution Effect and Income Effect. In this lesson your students will:
-Participate in a class simulation to understand the Law of Demand
-Watch 3 short videos on the Law of Demand, Substitution Effect and Income Effect while taking notes (worksheet included) Videos are free to watch on the internet.
-Complete a chart in which they illustrate their understanding of the Law of Demand, Substitution Effect and Income Effect.
-Create their own Demand Curve and answer critical thinking questions about their graph.
-Complete a short Exit Card/Assessment writing activity.
All materials included: students worksheets, handouts and step-by step teacher directions

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Total Pages
11 pages
Answer Key
N/A
Teaching Duration
1 hour
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