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Supply and Demand Poster

Introduction: Supply and demand are major forces in the economy. Understanding these
forces and the ways in which they respond to various factors are essential for grasping more
complicated economic principles.
Task: Create a poster graphically illustrating changes in supply and demand in a market of
your choice.
Requirements: In order to successfully complete this assignment, your poster should:

Be titled The ______________ Market (fill in the blank with the good or service of your
choice we will assume perfect competition in the market you choose).
Include six fully and correctly labeled market graphs showing both a supply and
demand.
o Each graph must be accompanied by a description of a scenario that would
cause a change in the market. Scenarios should be drawn from the
determinants of supply and demand. Use as many different determinants as
possible.
o Each graph must correctly illustrate the change that would occur given the
scenario described.
Include several relevant original illustrations (no digital images, clip art, etc.) that
enhance understanding of the determinants of supply and demand.
Be neat and readable.

Evaluation: Student performance will be evaluated using the two rubrics below.
Economics on the Individual Level
Rubric
Score

Characteristics of Student Work

Advanced In addition to a Proficient performance


4
Scenarios and graphs incorporate current events.

Proficient
3

Basic
2
Novice
<2

In addition to a Basic performance


Scenarios and graphs accurately illustrate a wide variety of supply and
demand determinants.
At least one scenario and graph accurately illustrate a simultaneous shift
of supply and demand.
Illustrations enhance understanding of the determinants of supply and
demand.

Scenarios and graphs accurately illustrate a narrow selection of supply


and demand determinants.
Illustrations relate to the scenarios described.
Work has been submitted, but does not yet meet the basic level.
Revisions are recommended.
Essential Skills

Rubric
Score
Advance

Characteristics of Student Work


In addition to a Proficient performance

d
4

Notations are added near each graph accurately indicating the scenarios
final impact on market price and quantity.

In addition to a Basic performance


All graphs include titles.
Proficient
All graphs use arrows to indicate shifts of supply and/or demand.
3
All equilibriums are labeled.
Basic
2

All graphs include correctly labeled supply and demand curves.


All graphs include correctly labeled axes for price and quantity.

Novice
<2

Work has been submitted, but does not yet meet the basic level.
Revisions are recommended.