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The factors that influence supply are surveyed, as well as production costs and rate of production, using an ant farm as an example.
The People on Market Street: Unit #4: Supply
Demand is demonstrated by use of pricing in a gas station.
The People on Market Street: Unit #3: Demand
The economic concepts of property rights and pollution are discussed, focusing on the theft of a bicycle.
The People on Market Street: Unit #7: Property Rights & Pollution
An introduction to the cast of this educational series about Economics, and how desire for more motivates the economy.
The People on Market Street: Unit #1: Scarcity and Planning
A visit to a furniture company helps students understand the concept of labor as a salable service.
The People on Market Street: Unit #6: Wages and Production