Economics for Kids - Supply and Demand - Online Games for Kids, Free Use K-12 Lesson Plans for Teachers Illustration

For Kids - What is the difference between supply and demand?

Supply is the total of how many products and services are available.

Demand is the total of how many people want to buy those products or services.

The relationship between supply and demand can determine how much you are going to have to pay for something. If, for example, a whole bunch of kids want Star Wars costumes for Halloween, but the stores did not stock very many of those, and instead stocked pirate and princess costumes, that situation would create a high demand for Star Wars costumes. Most probably, not as many people would want to buy a Halloween costume at all in the middle of summer, so that might be a time of low demand.

Not always, but more often than not:

  • Prices go up if there is high demand and a low supply.

  • Prices goes down if there is a low demand and a high supply.

For Kids - Free, Online, Interactive

Supply and Demand Interactive (flash cards, concentration, matching)

Supply and Demand Basics

Supply and Demand Scenarios games (Spin the Wheel, Open the Box)

Demand Hangman

Supply and Demand games

Changes in Supply and Demand - several games - Open the Box, Anagram, Game Show Quiz

Supply and Demand Graphs - Drag and Drop, Match Up

Supply and Demand Sort

Supply and Demand Vocabulary - Match Up, Crossword, Quiz

A supply and demand game show quiz with life lines

Interactive Practice: Supply and Demand (seasonal, price ceilings, shifts, and more)

For Teachers - Free Use Lesson Ideas and Classroom Activities

Supply and Demand lesson plan (3rd grade, can be adjusted for other grades)

grades 5-6 - Supply and Demand lesson plan, free download

Law of Demand (free from TPT)

Supply and Demand, Middle School Reading Comprehension (free from TPT)

Bringing it all together - supply and demand classroom game  (HS, 9th - 12th grades)

Supply and Demand lesson plan, high school

Supply and Demand ( HS, College, lesson plan with slides)

Supply and Demand lesson plan - Understanding the workplace

What are supply and demand? (download, free worksheet)

How does supply affect prices? (download, free worksheet)

See Also: Economics Lesson Plans

Free to Use Original Clipart for Economics for Kids and Teachers

Free Use PowerPoint Presentations

Free Use Jeopardy and Millionaire Presentations about Economics