Nearpod version available

Grade 9-12

Using Systems of Equations with Supply and Demand Application

Time: 60 mins,
Updated: April 11 2022,


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.

In this personal finance lesson, students will learn supply and demand by utilizing a system of equations.


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!