Supply and Demand Lesson Plan: Economics
*Click to open and customize your own copy of the Supply and Demand Lesson Plan.
This lesson accompanies the BrainPOP topic Supply and Demand, and supports the standard of examining economic factors that impact supply and demand. Students demonstrate understanding through a variety of projects.
Step 1: ACTIVATE PRIOR KNOWLEDGE
Ask students:
- When you shop at a store, how do you decide what to buy? What influences your decisions?
Step 2: BUILD KNOWLEDGE
- Read aloud the description on the Supply and Demand topic page.
- Play the Movie, pausing to check for understanding.
- Have students read one of the Related Reading articles. Partner them with someone who read a different article to share what they learned with each other.
Step 3: APPLY and ASSESS
Students take the Supply and Demand Challenge and Quiz, applying essential literacy skills while demonstrating what they learned about this topic.
Step 4: DEEPEN and EXTEND
Students express what they learned about supply and demand while practicing essential literacy skills with one or more of the following activities. Differentiate by assigning ones that meet individual student needs.
- Make-a-Movie: Create a tutorial that answers this question: What factor determines how much of a good or service will be available on the market?
- Make-a-Map: Make a concept map using a real-world example to identify how supply and demand affect consumers and producers.
- Creative Coding: Code a learning game sorting economic factors by whether they affect supply or demand.
More to Explore
Economics Unit: Continue to build understanding around economic factors with more BrainPOP topics.
Teacher Support Resources:
- Pause Point Overview: Video tutorial showing how Pause Points actively engage students to stop, think, and express ideas.
- Learning Activities Modifications: Strategies to meet ELL and other instructional and student needs.
- Learning Activities Support: Resources for best practices using BrainPOP.
