Supply & Demand Lesson - Economics Activity & Advertising Analysis

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This intro lesson examines how supply and demand affect the free market. The activities are engaging for students, and the guided 5-E format is easy to use - everything you need is included!


Start by exploring the hula hoop’s rise to popularity with a clip from The Hudsucker Proxy, then introduce key vocabulary and concepts using guided instruction and fill-in notes. Next, students predict how changes in supply and demand impact the economy through an “As Seen on TV” video activity featuring clips from The Simpsons, The Office, and SpongeBob. Finally, students complete an exit ticket activity to assess their understanding.


What’s Included:

  • Guided Lesson Slides
  • Fill-in Notes
  • Practice Activity
  • Video Activity
  • Exit Ticket Activity
  • Answer Keys
  • Teacher Guide


Why Teachers Love This Lesson:

  • Engages students through familiar and relevant video examples
  • Reinforces economic concepts through structured activities
  • Encourages prediction and analysis of real-world scenarios
  • Clear format makes implementation and grading easy


Skills Covered:

  • Understanding supply and demand in the free market
  • Analyzing how changes in supply and demand impact the economy
  • Applying economic concepts to real-world examples


Aligned with Social Studies Standards:

  • CCSS, TEKS, ELPS & NCSS

 

Total Pages:  75

Time:  90 Minutes

Grades: 6-12