Saint Joseph’s University

Pennsylvania Standards Aligned System

Lesson Plan Format

Candidate’s Name: Megan Rees

Course Prefix/Number/Section: SPE 739
Date: September 10, 2018
Subject: Economics 11
Grade Level: 11
Duration: 60 minutes

Lesson Topic: Supply & Demand- Modified per IEP

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1. Big Idea(s) and Related Essential Question(s)

● The student will explain how the Law of Demand, the Law of Supply, prices, and profits
work to determine production and distribution in a market economy.
● What is Supply?
● What is Demand?
● How does Supply & Demand affect us as consumers?

2. Instructional Objectives
● Students will be able to define ‘Law of Supply’ and ‘Law of Demand’
● Students will be able to explain what happens when demand exceeds supply
● Students will be able to explain what happens when supply exceeds demand
● Students will be able to explain how supply and demand affects choices: careers, cars,
clothes, etc.

3. Related Academic Standards:

SSEMI2 (GA): The student will explain how the Law of Demand, the Law of Supply, prices, and
profits work to determine production and distribution in a market economy.

4. Vocabulary
● Law of Supply
● Law of Demand
● Price
● Profit
● Production
● Distribution
5. Materials/Resources
 ● Supply and Demand Powerpoint
● Supply and Demand worksheet
● Candy for activity
● Tokens for activity

6. Instructional Procedures
Introduction
1. Show introduction video
● https://www.youtube.com/watch?v=VGabTkzruyM
● Discuss video
Define Supply & Demand
● Supply- number of items available
○ Give and explain ex: “The next time you go to the grocery store, take a
look around at the shelves. Check out how many gallons of milk are in the
refrigerated case, or how many bags of candy are on the shelves in the
sweets aisle. This is the supply of the store, or how much of each item the
store has to sell.” (Lowery, 2018).
● Demand- the need or wish for an item
○ Give and explain ex: “So how do stores know how much of a supply to
have for shoppers? This is where demand comes in. Demand is a person's
desire for a product or service. When people want a certain item, this
creates a demand for stores to make sure it's available. Stores make sure to
keep a large supply of products that they know shoppers will buy.”
(Lowery, 2018).
○ “There are different factors that affect demand. One important influence is
the time of year. Think about it, would you really want to go buy a heavy
winter coat in the middle of the hot summer? Or would you need to buy
Halloween candy in the middle of April? The seasons have a big impact
on demand.” (Lowery, 2018).
2. Present PowerPoint on Supply & Demand
● https://docs.google.com/presentation/d/e/2PACX-1vSqlXClYNE8mvhemAhe-
2NoiPkBIGO08weetJabdkeV3sLsiIRlepKCGOid3QWPqY3YgdAseB1W-
8hF/pub?start=false&loop=false&delayms=30000

Developmental
3. Supply and Demand Activity with candy
 ● Students will be given ten tokens to spend on candy. Favorite candy (low quantity) will
be worth the most tokens (high demand, low supply) and regular candy (high quantity)
will be worth low to average amount of tokens (high supply, low demand). Student is to
decide how they want to spend their tokens.
○ Discuss activity with students until they are able to explain the concept back to
teacher.
4. Supply and Demand Worksheet
● With teacher, students will complete (2) questions together from ‘Supply and Demand
worksheet’
○ https://www.teacherspayteachers.com/Product/Supply-Demand-Sort-FREEBIE-
510816
● Together, students and teacher will create one ‘High Demand & Low Supply’ and one
‘Low Demand and High Supply’ scenario

Conclusion
5. Review major vocabulary and concepts
6. Students will individually create 2 ‘High Demand & Low Supply’ scenarios and 2 ‘Low
Demand & High Supply’ scenarios.

7. Addressing Learners’ Diverse Needs

● Lesson plan was adapted to meet grade level for students
● Students can use some of their residual hearing with hearing aids & cochlear implants but
benefits greatly by having abstract concepts explained in ASL
● FM system used to amplify spoken language

8. Formative/Summative Assessment
● Formative- Teacher observations, ‘Supply and Demand Worksheet’
● Summative- Student work samples from 2 ‘High Demand & Low Supply’ and 2 ‘Low
Demand & High Supply.’