Sign in with Google 
Marginal Revolution University
Grades 9-12
Valentine's Day Demand Interactive
Key Concepts: Demand, Quantity Demanded
Objective
Students will be able to:
- Define supply, demand, law of demand, and equilibrium.
- Construct a supply and demand graph.
- Compute the equation of a linear demand curve.
- Compute the equation of a linear supply curve.
- Compute the intersection of the supply curve and demand curve (confirm the equilibrium price and quantity) using a system of equations.
Concepts
In this personal finance lesson, students will learn supply and demand by utilizing a system of equations.
Resources
Procedure
Click NEARPOD VERSION: SYSTEMS OF EQUATIONS: SUPPLY AND DEMAND APPLICATION to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!
Related Resources
Grades 9-12
What Can We Do About Pollution?
Students play charades to mimic noise pollution and consider the question "what can be done if someone's choices are putting...
Key Concepts: Externalities, Markets and Prices, Role of Government
Grades 9-12
Supply and Demand - Game
In this economics game, students will play through a board game learning about supply and demand.
Key Concepts: Demand, Determinants of Demand, Determinants of Supply…
Grades 9-12
Should We Allow a Market for Transplant Organs?
Should you be able to sell your kidney? Students explore the ethics and economics of organ donation while learning about...
Key Concepts: Allocation, Decision Making, Markets and Prices…
