Students will be able to:
- Analyze the impact of shifts in supply and demand in the auto market.
- Explain how innovations in auto manufacturing impacted numerous related markets, through shifts in supply and demand.
In this economics lesson, students will form a human demand and supply curve.
Key Concepts: Demand, Price Ceilings and Floors, Supply
In this economics lesson, students will compare elasticity coefficients of consumer goods.
Key Concepts: Demand, Elasticity of Demand
In this economics lesson, students will compute exchange rates to learn their impact on international trade.
Key Concepts: Markets and Prices, Trade, Exchange and Interdependence