Description
This SUPPLY AND DEMAND resource is a great way to educate students on the law of supply and demand. A critical thinking activity on supply and demand is also included.
Other economic vocabulary terms are learned such as:
- Equilibrium
- Market clearing price
- Price elasticity of demand
- Demand
- Income effect
- Giffen Goods
- Inferior Goods
- Substitution effect
- Veblen Goods
- Law of supply
- Cost squeeze
- Price elasticity of supply
This resource could be used in any Economics or Business class.
A NO PREP LESSON! Also Great for a Sub Day or Remote Learning Day!