LESSON
In this lesson, students explore the concepts of demand and supply through immersive activities.
Experience the Lesson
Economics Alive!
Concepts and Practices
From supply and demand to global markets, students investigate how economies work, using real-world cases and collaborative problem-solving to apply economic reasoning to decisions they'll actually face.
What Students Will Explore
Unit 1
The Economic Fundamentals
Economics starts with learning to think like an economist and understanding why you can't always get what you want. Students compare economic systems to see who or what decides what people get, and examine how trade makes people better off.
Unit 2
How Markets Work
Demand and supply are the building blocks here, along with the factors that influence each and how to tell when a price is "right." Students then study market structures and market failures, and what happens when markets do not work perfectly.
Unit 3
Economic Institutions and Organizations
Money, banking, saving, and investing open a unit on the institutions behind the economy, including practical questions about how to spend, save, and invest. Students also study how entrepreneurs use resources to start businesses and why developing human capital matters in the labor market.
Unit 4
Economics of the Public Sector
Government's economic roles are the subject here, beginning with the question of how the U.S. government should carry them out. Students then turn to taxes and taxation, and to who and what should be taxed.
Unit 5
Measuring and Managing the Economy
Measuring economic health is the work of this unit, where students learn how economists gauge the condition of a nation's economy. From there, the focus shifts to how policymakers use fiscal and monetary policy to keep the economy stable.
Unit 6
Globalization and the Global Economy
Globalization brings the program to a close, starting with how countries conduct trade in the global economy and where the United States fits into it. The final lesson asks whether the benefits of globalization outweigh its costs.
Explore the Program
Demand and Supply
LESSON
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View the Scope and Sequence
View the Scope and Sequence
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Download the Brochure
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Get a quick, visual snapshot of the program—key features, components, and what makes learning come alive in the classroom.
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Review the Correlations
Review Correlations
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From an interactive digital platform to hands-on print materials and teacher tools, see everything included to help you teach and your students learn.
Student Materials
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Student Edition
The Student Edition provides a rich knowledge base of economics with images that are mindfully chosen to support the text and captions that incorporate main ideas. The standards-based text guides students through their learning with clear content organization and a detailed, unifying narrative. Also available in Spanish.
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Interactive Student Notebook
The consumable Interactive Student Notebooks allow students to engage with their learning by expressing their ideas, completing graphically organized notes, and developing personalized responses. Also available in Spanish.
Teacher Materials
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Teacher's Guide
Teacher's Guide supports everything from lesson planning to grading—step-by-step procedures, time estimates, differentiation strategies, and answer keys, ready to use offline or as a quick reference while teaching. Also available in Spanish.
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Placards
The Placards are laminated, reusable activity resources that engage students in analyzing historical images, graphs, maps, and primary sources. Also available in Spanish.
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