Lesson Plan: Economics - Supply and Demand
Title: "Supply and Demand"

Designed for Grades: 11-12

Estimated Time: 50 minutes

National Standards: Complies with NBEA Economics 2023 STANDARD: Analyze the different types of market structures and their effect on the price and the quality of the goods and services produced.


V.1.1. Discuss how the competition of buyers and sellers determines relative prices for products in markets

V.1.2. Describe the benefits of the price system as communication between producers and consumers.


●       White Board or Smart Board
●       Supply and Demand Charts (10)
●       Worksheet: Benefits of the Price System as Communication
●       Student laptops with internet connections

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