In less than three minutes, introduce your young economists to the short-run aggregate supply curve, illustrating the production of all goods in the country. The video discusses what can shift the curve on the graph to the right or left, and poses scenarios for pupils to practice evaluating.

Concepts

aggregate demand, macroeconomics, inflation, cost analysis

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Additional Tags

social studies

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Instructional Ideas

• If providing this video as a flipped classroom resource, ask pupils to re-teach the concepts the next day in class to their peers in order to reinforce/assess their comprehension of the material

Classroom Considerations

• Because the video is brief and the presenter moves quite quickly through the material, this video would best be used as an introduction or summary to a more in-depth classroom lesson

• This video is hosted on YouTube

Pros

• Engaging economics instructor explains concepts
• Provides sample scenarios for students to practice as they watch the video

Cons

• None

Common Core

RH.11-12.3 RH.11-12.4 RH.11-12.7