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Students will use an online simulation tool to manipulate demand and supply curves. They will create different scenarios to see how changes in demand and supply affect equilibrium price and quantity. After the simulation, students will write a short report on their findings.

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Students will analyze real-world case studies where demand and supply have significantly impacted the market. They will present their findings to the class, focusing on the causes and effects of the changes in demand and supply.

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In groups, students will take on roles as consumers, producers, and government officials to create market scenarios. Within these roles, they will negotiate prices and quantities, discussing the impact of shifts in demand and supply.

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Students will be given data sets to plot demand and supply curves on graph paper. This activity helps students visualize the intersection of demand and supply and understand equilibrium.

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Interactive Lecture with Clicker Questions

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Interactive Lecture with Clicker Questions

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The teacher will deliver a lecture on the interaction between demand and supply, using clicker questions to engage students and assess their understanding in real-time.

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Students will work in pairs to analyze how changes in one market (e.g., oil prices) impact other markets (e.g., transportation and manufacturing). They will present their analysis using graphs and data.

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In this activity, students will trace the supply chain of a common product, understanding how supply and demand interact at each stage. They will create a visual representation of their findings.

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Students will research the effects of price controls on markets. They will be divided into two groups to debate the pros and cons of price controls, with specific focus on real-world examples.

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Each student will choose a market influencer (e.g., technology, policy changes) and research how it affects demand and supply. They will create a poster to present their findings.

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Students will conduct a simple experiment to understand the concept of elasticity of demand. They will change the prices of a set of products and observe the changes in quantity demanded, then calculate the elasticity.

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2.4 The interaction of Demand and Supply

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2.4 The interaction of Demand and Supply