Intro to Business: Supply & Demand Lesson

🎓 Intro to Business: Supply & Demand | Full Lecture Video (Unit 8)
Welcome to Kloeker’s Education Foundation, where we provide quality content for amazing teachers. In this video, we break down the core principles of supply and demand—how prices are set, what causes shortages and surpluses, and why market forces shape nearly every business decision.

🧠 What You’ll Learn in This Lesson:

What demand is, and why price affects how much people buy

What supply is, and how sellers respond to price signals

The Law of Demand, Law of Supply, and Law of Supply & Demand

The difference between a buyer’s market and a seller’s market

The concept of equilibrium price

The difference between elastic and inelastic demand

Six major factors that influence supply and demand (e.g., utility, technology, production cost, regulation)

Real-life examples that connect economics to everyday decisions

Ethical debate in The Gray Zone: Is raising prices before a storm price gouging—or just supply and demand?

📥 Companion materials available:
PowerPoint, lecture notes, vocabulary, handouts, group activities, and assessments can be found in the
👉 Intro to Business: Supply & Demand Unit 8 Bundle on Teachers Pay Teachers

🔗 Link to PowerPoint:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Supply-Demand-PowerPoint-13713213

🔗 Link to Unit:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Supply-Demand-Unit-8-Bundle-13713244

🔗 Link to Store:
https://www.teacherspayteachers.com/store/kloekers-education-foundation

📌 Ideal for high school business or CTE students, this lecture aligns with TEKS and national business education standards.

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