Description: 

In this module, students learn about market equilibrium.

Prices for most goods and services are determined in markets by what economists call supply and demand. This module uses a fictitious chocolate market to help students better understand how supply and demand work together to determine prices.

NOTE: This module assumes that your students already understand the economic concepts of demand and supply. If your students do not have a deep understanding of demand and supply, please assign the Econ Lowdown Demand and Supply modules first.

Estimated Completion Time: 30 minutes