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To Market To Market
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson will help students become good consumers and producers by taking turns buying and selling things in a classroom-created market. Students will establish prices for items and observe what happens during the sale of those items.
Grades:
Concepts:
- Choice
- Consumers
- Decision Making
- Demand
- Markets
- Price
- Producers
- Supply
Standards:
- Economics 7: Markets - Price and Quantity Determination
- Economics 8: Role of Price in Market System
- Economics 10: Role of Economic Institutions
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