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Supply and Demand

Sixth graders learn the two forces behind every price tag, how much buyers want (demand) and how much sellers offer (supply), and how they meet at a market price, then check what they know.

Grade 6Economics45 minutes1 class periodC3 InquiryExplicit teaching4 StandardsC3
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Lesson at a Glance

Everything you need before the bell rings

Learning Objectives

Students will be able to…

  • ✓Define supply & demand.
  • ✓Predict price changes.
  • ✓Explain the market price.
  • ✓Read a simple case.
Essential Question

A sneaker sells out in minutes while a leftover item is marked way down. What two forces move every price, and how do they meet?

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Lesson Phases
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Vocabulary Terms
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Standards Aligned
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Interactive Task
Supply and Demand Check · Interactive

Supply and Demand Check

Project this and answer each question about how supply and demand set prices — read the explanation after each one.

💵 Check what you know about supply and demandTry it
Answer each question about how supply and demand set prices.
The Lesson · C3 Inquiry Arc (Question · Investigate · Evaluate Evidence · Communicate · Take Action)

45 minutes, five moves

Tap any phase to open the teacher moves and student actions.

1

Hook — Why Prices Change

5 min

A new sneaker sells out in minutes and resellers charge triple. A leftover holiday item gets marked way down. What makes the same kind of thing cost so differently?

👩‍🏫 Teacher Moves

  • Show a sold-out vs marked-down item.
  • Ask why prices move.
  • Set the goal.

🎒 Student Actions

  • Think.
  • Share.
  • Get ready.
2

Use — Supply and Demand Check

12 min

Students answer questions about supply and demand.

👩‍🏫 Teacher Moves

  • Send students to the Supply and Demand Check.
  • Answer each question.
  • Read the why.

🎒 Student Actions

  • Answer.
  • Check.
  • Read it.
3

Modify — Shift It

13 min

Students predict a price move.

👩‍🏫 Teacher Moves

  • Pick a product.
  • Change supply or demand.
  • Say which way the price moves.

🎒 Student Actions

  • Pick.
  • Change.
  • Say.
4

Create — Market Story

15 min

Students explain a real price change.

👩‍🏫 Teacher Moves

  • Find a real price change.
  • Say if supply or demand shifted.
  • Explain the result.

🎒 Student Actions

  • Find.
  • Say.
  • Explain.
5

Reflect — Where Price Comes From

5 min

Students reflect on supply and demand.

👩‍🏫 Teacher Moves

  • What is demand?
  • What happens to price when demand rises and supply stays the same?
  • Complete the exit ticket.

🎒 Student Actions

  • Say it.
  • Say it.
  • Complete the exit ticket.
Standards Alignment

Built to the standards you report on

Aligned to the C3 Framework for Social Studies and Common Core literacy in social studies.

C3
D2.Eco.1.6-8

Explain how economic decisions affect the well-being of individuals and society.

C3
D2.Eco.3.6-8

Explain the roles of buyers and sellers in product, labor, and financial markets.

C3
D2.Eco.7.6-8

Analyze the role of prices in determining how resources are allocated in a market.

CCSS
RI.6.7

Integrate information presented in different media or formats to develop understanding.

Differentiation

One lesson, every learner

Multilingual Learners

ELL / EMERGING READERS
  • Supply/demand picture cards.
  • Sentence frame: “If ___ rises, price ___ .”
  • Answer one question at a time.

Support & Access

IEP / 504
  • Start with a single product example.
  • Act out buyers and sellers.
  • Review one force at a time.

Stretch & Extend

GIFTED / EARLY FINISHERS
  • Read a supply-and-demand graph.
  • Explain surplus and shortage.
  • Analyze a real market news story.
Materials

What to gather

  • 📽️Projector / board
  • 💵Market example cards
  • 💻Supply and Demand Check
  • 📈A simple supply-demand graph
  • ✏️Pencils
  • 🎫Exit-ticket slips
Vocabulary

Key terms — hover for a quick definition

supplythe amount of a good sellers offer at a given pricedemandthe amount of a good buyers want at a given pricemarketwhere buyers and sellers trade goods and servicespricethe amount of money a good or service costsmarket pricethe price where supply equals demandsurpluswhen supply is greater than demandshortagewhen demand is greater than supplyproducera person or business that makes and sells goods
Evaluate

Exit Ticket

Preview the three formative checks. Tap “Sample answer” to see what mastery looks like — hide them before you print for students.

QUESTION 1
What is demand?
The amount of a good or service that buyers are willing to buy at a given price.
QUESTION 2
What happens to price when demand rises and supply stays the same?
The price usually rises, because more buyers compete for the same amount.
QUESTION 3
What is the market price?
The price at which the amount supplied equals the amount demanded.

Create: a market story.

Have students find a real price change, decide whether supply or demand shifted, and explain the result, so the idea connects to the world. A printable supply-and-demand worksheet is in the Social Studies library.

Study · Flashcards

Study the key terms

Tap a card to flip it, then rate whether you knew it. Built from this lesson’s vocabulary.

🃏 Supply and DemandFlip
Card 1
Term
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Meaning
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Practice · Quiz

Check your understanding

A quick self-check with instant feedback, drawn from this lesson’s key terms.

📝 Supply and DemandQuiz
Score: 0
1 / 6
Question 1
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Practice · Worksheet

Printable worksheet

A print-and-go review sheet with a built-in answer key. Tap “Show answer key” to reveal answers, or print the clean version for students.

🖨️ Supply and DemandPrint
Name: ________________________
Date: ____________

Part A · Write the word that matches each meaning

Word bank: demand, market, market price, price, producer, shortage, supply, surplus
  1. the amount of money a good or service costs
  2. the price where supply equals demand
  3. when demand is greater than supply
  4. a person or business that makes and sells goods
  5. where buyers and sellers trade goods and services
  6. when supply is greater than demand
  7. the amount of a good sellers offer at a given price
  8. the amount of a good buyers want at a given price

Part B · Show what you learned

  1. What is demand?
  2. What happens to price when demand rises and supply stays the same?
  3. What is the market price?
Answer key — Part A: 1) price · 2) market price · 3) shortage · 4) producer · 5) market · 6) surplus · 7) supply · 8) demand
Part B: 1) The amount of a good or service that buyers are willing to buy at a given price. 2) The price usually rises, because more buyers compete for the same amount. 3) The price at which the amount supplied equals the amount demanded.