The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives.
This economics unit includes 33 goods vs. service cards for sorting and high engagement games 9 vocabulary cards technology resources 6 student response sheets covering the concepts of goods/services, opportunity cost, and consumers/producers. 11 page early reader "What is... Economics?" for students introducing economic vocabulary and concepts covered in the unit. $
Schoolhouse Rock teaches barter and trade - economics lesson for students. This video is part of a playlist with many hours of homeschooling videos and lessons: http://www.youtube.com/playlist?list=PL79156F04DE48560E Please share and enjoy with students, teachers and your kids. http://www.libertyclick.com
"Each chapter of the book begins with economic terminology, with those concepts then explored through the happenings of the chapter. For instance, in the chapter titled “The Law of Increasing Product Demand Versus Flat Production Capacity,” Lawn Boy gets more and more requests for his lawn mowing services but he also realizes that he does not have enough time to mow more than three or four large lawns a day."
This 6-page guide outlines concepts and principles of microeconomics in an easy to understand format. It contains information on: supply & demand, elasticity & production costs, perfect competition & monopoly, resource markets, wage determination & externalities, labor supply and muc