Welcome: Supply meets Demand at Equilibrium with a Price: Uncovering Supply and Demand
Description: Supply and Demand is one of the most basic concepts of economics. This WebQuest will allow students to understand the concepts of Supply and Demand by designing, pricing, marketing, and selling a product of their own. They will also learn about self-regulation by exploring how wants and needs, in addition to supply and demand, affect the price in a market economy.
Grade Level: 9-12
Curriculum: Business / Economics
Keywords: supply, demand, economics, equilibrium, supply and demand
Author(s): Rezaul Khan