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Labour supply and demand

Role play

Labour supply and demand

How does a labour market function?

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Published on 21.08.2025
1–2 lessons
German, French
LCS
KV
FVB
GYM
Easy to use

Overview

The 'Fireworks sale’ game is set in the context of a First of August sale and enables students to experience the concepts of supply, demand and market equilibrium first-hand.

  • The role play is done in groups of four.
  • To guide them, students have exercise instructions with questions for discussion.
  • The material is discussed in the whole class.

Learning objectives

Competence-oriented learning goals in the commentary for teachers

Didactics

Commentary for teachers
Overview of the unit and information on learning goals, didactic approach and economic background as well as notes on a possible lesson plan.

Role play

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‘Firework sale’ role play: exercise with questions for discussion

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Sample answers Role play

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Additional information

Links

Egg prices are falling. But there’s a catch

CNN (02.04.2025). The article discusses recent developments in the US egg market, highlighting how changes in production conditions and consumer behaviour are influencing the balance between supply and demand.

edition.cnn.com

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How does the stockmarket work? (en)

Credits – Labour supply and demand

Concept:
Iconomix, based on an idea by Prof. Dr. Roland Waibel (1967-2021), formerly OST – Ostschweizer Fachhochschule

Expert advice:
Brendan Berthold, Economist, Zurich Insurance

Design of teaching materials:
clearbrand gmbh, Zürich

Translation & proofreading:
SNB Language Services

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