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10 resources found; showing 10 per page, sorted by Rating then by Title...
Showing Grade 12e, Unit 2b, Supply, Demand, and Pricing
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Economics Basics: Demand and Supply

http://www.investopedia.com/university/economics/economics3.asp

Rating: 1, Awesome!

Description: The correlation between price and how much of a good or service is supplied into the market is known as the supply relationship. Price therefore, is a reflection of supply and demand. The relationship between demand and supply underlies the forces behind the allocation of resources. In market-economy theories, demand and supply theory will allocate resources in the most efficient way possible. How? This site takes a closer look at the law of demand and the law of supply. Standard 12.2.4 economics

Comments: This information was developed Investopedia.com and includes graphs and formulas.

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 1034

Economics Basics: Elasticity

http://www.investopedia.com/university/economics/economics4.asp

Rating: 1, Awesome!

Description: The degree to which a demand or supply curve reacts to a change in price is the curve's elasticity. Elasticity varies among products because some may be more essential to the consumer. Products that are necessities are more insensitive to price changes because consumers would continue buying these products despite price increases. Conversely, a price increase of a good or service that is considered less of a necessity will deter more consumers because the opportunity cost of buying the product will become too high. This site takes a closer look at the concept of elasticity of demand. Standard 12.2.4 economics

Comments: This information was developed Investopedia.com and includes graphs and formulas.

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 1035

Elasticity of Demand - Case Study Health Clubs

http://www.tutor2u.net/economics/content/topics/elasticity/health_club_elasticity.htm

Rating: 1, Awesome!

Description: The health club market provides an interesting case study in using the concepts of price elasticity of demand and income elasticity of demand. Elasticity tends to be low when the product is viewed by the consumer as a necessity, or when it takes up a small percentage of total income. Elasticity is low when there are few close substitutes and when the consumer has developed a strong sense of brand loyalty. What of the price elasticity of demand for health club memberships? Standard 12.2.4 economics

Comments: This information was developed by Tutor2Uand includes graphs and formulas.

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 1059

Supply and Demand

http://www.wikipedia.org/wiki/Supply_and_demand

Rating: 2, High!

Description: This Wikipedia site has a discussion of supply and demand theory and then shows multiple ways to graph the concept. Standards 12.2.4 and 12.2.5 economics

Resource Type: Mix of Text and Graphics.

Graphics content: High.

Resource ID: 2883

Supply and Demand

http://william-king.www.drexel.edu/top/prin/txt/SDch/Ch3ToC.html

Rating: 2, High!

Description: Explore the single most important model in modern economic: the Supply and Demand model of the determination of price and production in a highly competitive industry. Standards 12.2.4 and 12.2.5 economics

Comments: This powerpoint was written for a college class.

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 2884

Water Supply and Demand

http://yosemite.epa.gov/oar/globalwarming.nsf/0/85256bd400517e4885256bfe0057a154?OpenDocument

Rating: 2, High!

Description: Most people in the United States take for granted the fact that when they turn on the water tap, safe, clean, pleasant-tasting drinking water will emerge. But, did you ever stop to wonder where the water comes from or whether there will always be enough for everyone to enjoy? These are questions that deal with water supply and demand and will be examined in this section. Standard 12.2.4 economics

Comments: This basic product is a good way to discuss supply and demand.

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 3421

Electricity Supply and Demand Fact Sheet

http://www.eia.doe.gov/cneaf/electricity/page/fact_sheets/supply&demand.html

Rating: 3, Medium.

Description: This short website describes the supply and demand curve for electricity. It argues that pulling electricity out of governent control and into the competititve marketplace will cause the supply to be more in alignment with public demand. Standards 12.2.4 and 12.2.5

Resource Type: Secondary Text.

Graphics content: High.

Resource ID: 1068

Homestead and Pullman Strikes

http://projects.vassar.edu/1896/strikes.html

Rating: 3, Medium.

Description: This Vassar Uniuversity site that puts the Homestead and the Pullman Strikes in historical context. Learn about the depression of 1893, the political pressure for free silver, and the desire by each political party to gain support from labor. Primary source quotes and songs support the brief, hotlinked text. Standards 8.1.2.6, 12.2.2, 12.4.1

Resource Type: Secondary Text.

Graphics content: Low.

Resource ID: 3701

Parable of Pullman

http://www.kentlaw.edu/ilhs/pullpar.htm

Rating: 3, Medium.

Description: This Kent Law site describes the Pullman Strike and George Pullman's place in it. Standards 8.1.2.6, 12.2.2, 12.4.1

Resource Type: Secondary Text.

Graphics content: Low.

Resource ID: 3702

Price Elsticity of Demand

http://www.quickmba.com/econ/micro/elas/ped.shtml

Rating: 3, Medium.

Description: The price elasticity of demand measure the responsiveness of quantity demanded toa change in price with all other factors constant. Standard 12.2.4 economics

Comments: This informaton is from the QuickMBA site.

Resource Type: Secondary Text.

Graphics content: Low.

Resource ID: 2521

10 resources found; showing 10 per page, sorted by Rating then by Title...
Showing Grade 12e, Unit 2b, Supply, Demand, and Pricing
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