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Demand Price Ceilings and Floors Supply Clear

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Consumers Video and Quiz

This video teaches the concept of Consumers. Consumers are powerful in a market economy, and the economic choices of consumers...
Key Concepts: Consumers, Demand, Goods and Services…

Demand Video and Quiz

This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good...
Key Concepts: Consumers, Demand, Elasticity of Demand…

Elasticity of Demand Video and Quiz

This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much...
Key Concepts: Demand, Elasticity of Demand, Incentive

Utility

Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal...
Key Concepts: Decision Making/Cost-Benefit Analysis, Demand, Wants

Traditional Economies and the Inuit

The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have...
Key Concepts: Demand, Economic Systems, Goods and Services…