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The Market Economy

Lesson Plan

This lesson teaches the basics about the market economy, including the relationships between consumers and producers, supply and demand, and profit and incentive. Students learn six traits of a market economy, compare the market economy to other types of economies, identify opportunity costs, and much more. We recommend teaching this lesson before the other lessons in this unit.

Teacher Resources

Get access to lesson plans, teacher guides, student handouts, and other teaching materials.

The Market Economy - Consumers & Producers Lesson Plan - What is a Market Economy?
The Market Economy - Consumers & Producers Lesson Plan - Supply and Demand
The Market Economy - Consumers & Producers Lesson Plan Activity

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See how it all fits together!

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