How do live lessons work?
Live lessons are interactive slides and course outlines that are used to teach Treeway Live Classes. Click on the arrows to navigate backward and forwards through the slides.
How Do I Use the Lesson Plans?
Read this lesson plan before class to familiarize yourself with the ideas and concepts you’ll be teaching the students. You may print this page out if you need to use it as a reference point during live classes.
This lesson is a guide, but feel free to expand on the content or decrease/increase what you teach depending on the learning levels of the students in your class or the amount of time you have to cover the material.
Can I show videos in live classes?
Yes, feel free to include additional material to supplement the class lesson material. Videos, Physical Objects, Games, Activities, etc. are okay to share in live classes.
Videos should have no advertisements or logos and should be viewed by you before showing them to the students to ensure no offensive or questionable content is included.
The video should make up only a small portion of the live class.
How do bookmarks work?
Bookmarks help you keep track of lessons you’re going to teach in future live classes. The bookmarks you see are for all your bookmarked lessons across all grades.
You can bookmark a lesson by visiting the lesson you want to bookmark and clicking the “bookmark” button in the bookmark section.
You can remove a single bookmark by visiting a lesson you’ve bookmarked and clicking the “bookmark” button again to unbookmark it.
You can clear all of your bookmarks by clicking the “clear all bookmarks” button. Be careful, this will erase all of your bookmarks.
Log in to save bookmarks.
Class Summary
Student will learn about economic choices and how supply and demand affect the economic choices that people make. Students will understand that they too can make economic choices.
Lesson Slide
Main Teaching Points
Supply is how much there is of a good or service.
Demand is how many people want to buy a good or service.
If the supply or amount of an item is low and the demand is high, there will not be enough for everyone.
When there’s not enough of something to go around, because not enough of it has been made, it is called scarcity.
We can’t always have everything we want, so we have to make choices based on availability. This is called economics.
Discussion Questions
Questions about Supply:
What is supply?
How do you know when things are in supply?
How do you know when things are not in supply?
How can you choose between something you want and something you need?
Questions about Demand:
What is demand?
What is scarcity?
Have you ever experienced scarcity? What happened?
Can you share time when you wanted to buy something, but there were all out?
How does the demand for something affect if we’re able to buy it or not?
When you make good and wise choices about what you buy, how does it make you feel?
Vocabulary Words
supply – how many goods and services there are for people to buy
demand – how many people want to buy a good or service
scarcity – when producers don’t make enough of a good
economics – how people choose to spend and make money
In-Class Activities
Is there a good supply?: Students will look at photos of different goods that can be purchased. Based on the number of students in the class, engage them and ask “Is there a good supply?” in regards to the items pictured in the slides. “Is the supply enough for everyone in the class to have one?”