Markets in Action: Supply and Demand · Microeconomics
The Laws of Demand and Supply
Examining the relationship between price and quantity demanded or supplied and the factors that shift these curves.
Key Questions
- 1How do consumer preferences and income levels shift the demand curve?
- 2What role does technology play in shifting the supply of modern goods?
- 3Why do prices act as signals for both producers and consumers?
Ontario Curriculum Expectations
ON: Market Operations - Grade 10ON: Canadian and World Studies - Grade 10
Grade: Grade 10
Subject: Economics
Unit: Markets in Action: Supply and Demand
Period: Microeconomics
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.
More in Markets in Action: Supply and Demand
Market Equilibrium and Price Controls
Investigating how markets reach balance and the impact of government interventions like price ceilings and floors.
2 methodologies
Elasticity and Consumer Sensitivity
Measuring how responsive consumers and producers are to changes in price and income.
1 methodologies