Graphing Shifts in Supply and Demand
Written by Adi Ackerman, Head Teacher
"Graphing Shifts in Supply and Demand" is written for 7th Grade (Ages 12-13). A 6th grader who is already steady on Economics and Money can use it too, and an older student can use it as a short review.
2 pages in this set
7th grade social studies worksheet: plot supply and demand for T-shirts and show how three events shift the curves. Answer key included. Part of our supply and demand economics and money collection.
How do I use this worksheet?
Start with the table sheet, then graph the shifts. The shifters sheet is a good review.
What students will practice
- Students will plot demand and supply from a table and find equilibrium.
- Students will show how an event moves a curve left or right.
- Students will read the new price and quantity after a shift.
Curriculum Links
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FAQ
How do I use this supply and demand worksheet?
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Start with the table sheet, then graph the shifts. The shifters sheet is a good review.
What does this worksheet teach?
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Plot supply and demand for T-shirts and show how three events shift the curves. The directions on the page read: Use the sample table, which is for one concert at a fictional arena, to plot both starting curves on the grid. Then answer questions 2 and 3 on the Work and Answer lines. An answer key is included.
Can I use this supply and demand worksheet for homeschool or classroom?
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Yes, both. We made it for 7th grade Economics and Money, and it works the same at home or at school. At home, a student can work through it alone and then go over it with you, which shows quickly what is solid and what needs another look. In class it works as independent practice, homework or a warm-up, and you can print one copy or a full set.
What is equilibrium?
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Equilibrium is the price where the quantity buyers want equals the quantity sellers offer.
What is a price ceiling?
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A price ceiling is a legal maximum. When it is below equilibrium, buyers want more than sellers offer, so there is a shortage.
What can shift demand?
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The sheet lists five demand shifters: income, tastes, related goods, expectations and the number of buyers.
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Worksheet Details
| Grade | 7th Grade |
| Subject | Social Studies |
| Topic | Economics and Money |
| Pages | 2 pages |
| Difficulty | Medium |
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