This 25-slide presentation delves into the fascinating world of resource allocation in a market economy. Building on the foundation of previous lessons it focuses on the price mechanism as the driving force behind resource distribution. With clear learning objectives and a helpful (ARSI) memory aid, students will gain a deep understanding of how prices influence production, consumption, and resource allocation. Engaging lesson and opportunities to challenge their thinking ensure a dynamic and informative learning experience. I have also included another economic system activity if you choose to use it. Business Economics Playground

Supply Stretch is a dynamic 17-slide presentation that delves into the world of price elasticity of supply. This resource equips students with the knowledge to understand how responsive producers are to price changes. With a handy PSSST memory aid to master the factors affecting PES students will become supply elasticity experts in no time. Business Economics Playground

This dynamic 28-slide lesson dives deep into the world of price elasticity of demand. Starting with a fun review of demand and supply, it guides students through the concept of PED, using a catchy memory aid to crack the formula (Queue before you Pay)and to to remember the factors determining PED (SPLAT!) Interactive elements and a practice exam question ensure students master the bend and flex of demand curves. Get ready to make PED perfectly clear! A worksheet is also included. Business Economics Playground

Supply Spectacular! This 33-slide lesson is all about how much stuff businesses are willing to make. Building on your demand knowledge, you’ll explore the law of supply, see how things like costs and technology can shift the supply curve (remember that handy TWICS acronym!), and even get a taste of real-world economics with some cool reading material. Get ready to become a supply side superstar! I have also thrown in a starter retrieval activity. Business Economics Playground

This resource is a market failure party! It’s got everything to make learning fun: a slide show (29 slides) packed with info, engaging activities like turning into art critics and solving public good puzzles, and even a memory trick to remember all the market failure drama. Get ready to dive into the crazy world of economics! Clear learning objectives A lot of opportunities for elicitation Optional starter activity also. Hope you enjoy. Business Economics Playground

This resource is a demand-packed powerhouse! It’s got everything you need to turn your students into demand experts. From auctioning chocolate bars to dancing through demand shifters, this 43-slide presentation is a fun and easy way to master demand curves and their movers and shakers. Plus, a handy handout keeps students on track. Get ready to watch demand soar in your classroom! Business Economics Playground