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Market Equilibrium Online Module for Teachers and Students

Supply and demand are among the most fundamental concepts in economics. An understanding of these topics helps explain the economic world in which we live. So, is it supply or demand that determines the market price of a chocolate bar, or any other good or service, for that matter? The answer is "both." This short online module for teachers and students uses a fictitious chocolate market to help students better understand how supply and demand work together to determine prices.

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Audience:   High School, College
Language:   English
Subjects:   AP Economics, Economics
Resource Types:   Online Course/Module
Concepts:   Supply, Demand, Market Equilibrium