Economics 120

GCO1: Students will examine demand, supply and equilibrium

Overall Expectations:

SCO2.1: Examine an understanding of demand and the law of demand

Specific Expectations:

  • Demand
  • Consumer Behaviour
  • Demand Schedule
  • Demand Curve
  • Diminishing Returns

Students will understand the concept of the law of demand –when prices increase, quantity demanded decreases; and when prices decrease, the quantity demanded increases. Students will work through many examples of change in demand so they are comfortable with the language and can easier determine the difference between a change in demand and a change in quantity demanded.

MediaSmarts Resources

Advertising and Male Violence
Alcohol on the Web
Buy Nothing Day
Gambling in the Media
Gender and Tobacco
Gender Messages in Alcohol Advertising
Kellogg Special K Ads
Learning Gender Stereotypes
Marketing to Teens: Alternate Ads
Marketing to Teens: Gender Roles in Advertising
Marketing to Teens: Gotta Have It! Designer & Brand Names
Marketing to Teens: Marketing Tactics
Marketing to Teens: Parody Ads - Lesson
Marketing to Teens: Talking Back
Selling Obesity
Selling Tobacco
Sex in Advertising
Sports Personalities in Magazine Advertising
The Blockbuster Movie
The Invisible Machine: Big Data and You
The Pornography Debate: Controversy in Advertising
The Price of Happiness
Thinking Like a Tobacco Company
Video Games