Market Equilibrium Unit for High School - Supply and Demand

Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
Market Equilibrium Unit for High School - Supply and Demand
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22 MB|16 pages
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Product Description
If you have never taught combining Supply and Demand before, this resource will save you SO much time and effort. This 7-page student packet, developed over a decade of teaching standard and honors Econ, acts as a workbook for explanations, examples, and practice. Written by a veteran teacher with Economics degree who teaches Econ at all levels including AP. Students evaluate examples of market shocks and work through a week’s worth of practice activities to test their understanding and ability to predict market changes based on changes in Supply and Demand. Can be used as a unit or use pages/topics as you see fit. 9-page key included. Also available on TpT are corresponding packets for Demand and Supply. Concepts covered are: finding equilibrium price and quantity by combining supply and demand, why equilibrium is efficient (no shortages or surpluses), shifting equilibrium, finding new price and quantity after market shocks, double shift rule, and price floors (government “price supports”) and ceilings. Used together, the Supply, Demand, and Market Equilibrium packets are a full four weeks of class time (over a week each).
Total Pages
16 pages
Answer Key
Included
Teaching Duration
1 Week
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$5.00
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