Activities
Unit 2.1-2.3: Multiple choice quiz
This quiz is also available as a PDF file at: Quiz on demand and supply...
Activities
Unit 2.3: Competitive market equilibrium
The activities on this page can be taught in conjunction with the teacher page: Unit 2.3: Competitive market equilibrium Market equilibrium occurs where supply = demand, in other words the resources...
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Lesson plans
Gold exchange game: Demand and supply
This fun classroom activity is an ideal way of completing the supply and demand unit. the Gold exchange is similar to a number of similar activities and can be adapted to suit the IB class that you have. ...
Lesson plans
Practise exercises
I find that many IB students will often confuse the factors that change supply with demand. I find a common example of this is the impact of tax, with students mixing the impact of a change in income...
Activities
Practise exercises
The activities on this page can be taught alongside the teacher page: Practise exercises The following examples all relate to possible changes in either the supply or demand for Samsung LCD televisions...
Lesson plans
Supply revision questions
This page includes a short, relatively straightforward revision exercise that you can distribute to your classes to complete either in class or at home. I generally give this to my classes, have them...
Activities
Supply revision questions
The activities on this page will be used with the teacher page: Supply revision questions 1. Explain what happens to the supply curve for a good or service in the following situations? Rise/fall/no change...
Lesson plans
Changes to supply and demand
This lesson explains the concept of a shift in demand and supply and makes the distinction between a movement and a shift. I find that there are a few issues with supply and demand that students will...
Activities
Changes to supply and demand
The activities on this page can be used in conjunction with the teacher page: Changes to supply and demand A change in demand: when the demand curve shifts (either to the left or right) caused by a change...
Lesson plans
Unit 2.2: Supply
This is the second part of the section on market equilibrium. I find that it is better to cover both demand and supply at the same time, rather than focus on each separately as the two concepts come...