This is a comprehensive unit to introduce and review Supply, Demand, Equilibrium and movements and shifts. A detailed self guided PowerPoint presentation. Various scenarios are included using relevant examples and answer keys. The changes to Demand/Supply and the effect on the market equilibrium are explored step by step.
Includes:
Powerpoint
It is non-editable, so open as READ ONLY. The PowerPoint gives a basic overview of Market Equilibrium. Students should have already analysed Supply and Demand separately. This helps to introduce Market Equilibrium changes such as Movement and Shifts. It includes visual examples of each.
Summary Notes
•Engaging summary notes to help students with understanding the Economics topic and revision.
•The product is created to look like a newspaper article with different sections. It includes keywords, easy to read bullet points, infographics and images.
•It is a summary of the topic and as such is only an overview of the main contexts.
Worksheets
- This is a comprehensive activity to review movements and shifts in supply and demand. Most scenarios students will encounter are included using relevant examples. The changes to Demand/Supply and the effect to the market equilibrium are explored step by step.
- Students will read each scenario and decide on the effect to Demand/ Supply/ Equilibrium. They must graph supply and demand, draw the movement/shift, identify the reason and explain how price and/or quantity changes.
- 3 differentiated worksheets and an answer key.
Worksheet 1: Beginner. Includes 5 example scenarios on changes to Supply/Demand. The graph is pre-drawn to help students and the steps involved are listed.
Worksheet 2: Intermediate. Includes 6 example scenarios on changes to Supply/Demand. The graph is left blank to encourage students to complete it themselves. The steps are not included.
Worksheet 3: Advanced. Includes 3 questions with stimulus on changes to Supply/Demand. Students are asked to complete the full graph and explanation themselves.
These are very popular with my senior cycle Leaving Certificate students.
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