Economic Concepts Teacher Resources

Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...

Wants and needs are often dependent on certain situations individuals find themselves in. The paradox of value explains value as having two meanings based partly on human satisfaction and choice. Watch a video that discusses certain...

What goes into accounting the United States budget deficits and its net operating costs? How do shifts in the economy affect government spending? How is increasing interest projected to affect our federal debt in the future? This video...

What happens if demand goes up and supply goes down at the same time? Review double shifts with this video, where an instructor explains and illustrates the economic concept "in 60 seconds or less."

Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.

Vocational training activities are extremely important for learners with intellectual or physical disabilities. Here is a great idea that will help your class become skilled at money handling, basic economic concepts, interpersonal...

Provide your class with information on basic economic concepts using this resource. Learners read background information, examine a graph, and answer seven questions about marginal benefits and costs.

Similar to the value of reading a table of contents before delving into a complex textbook, check out this video introduction to a unit of economic concepts, including aggregate demand and supply and fiscal policy.

Draw connections between the supply and demand for money to the total, aggregate demand for final goods and services in an economy with this instructional video. Mr. Clifford will not only explain these key economic concepts, but will...

The debate of cupcake versus donuts may seem like a superficial one. However, learners consider whether it makes sense to specialize in producing only one confectionery in a scaffolded problem involving complicated economic concepts....

Learners get extra practice graphing complicated economic concepts using authentic College Board materials. Problem sets include examinations of consumer versus capital goods, and the effects of various financial policies on an economy...

Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson plan is highly engaging and enables them to discover how economics can be an exciting field of...

Students use newspapers and television stories to search for mysterious behavior. Using mysteries in the airline industry, they identify the economic concept and the steps to unravel the mystery. They answer a mystery question to help...

Third graders identify producers and consumers in SE Utah and Four-Corners communities. They identify the factors that determine economic development and name some occupations in their community. They show and share their graphic...

For use in conjunction with the 2002 McGraw-Hill/Irwin US Economics text, this presentation highlights key points and important vocabulary. Specific economic concepts and theories, R & D expenditures, rate-of-return curve and...

Your economists will relate to the choices at hand in this personal budgeting scenario. A passage describes Bob's predicament: he's going away to college and must buy his own clothes, including the pricey Levis he wants to buy 8 of....

Pupils participate in an online quiz program that reviews economic concepts and vocabulary. They apply concepts learned through the International Money Fund Center.

Scarcity, choices, and the fundamentals of economics... in Star Wars! Here is a highly entertaining and incredibly informative video that uses several clips from the Star Wars to explain how economists make assumptions. The video also...

Students investigate the economic concepts related to the fall of Enron in order to begin unraveling this complex scandal. They do research in small groups to identify such things as the Securities Exchange Commission.

An allowance is an important thing! Make sure your kids know how to save and spend their own money. Using the book The Case of the Shrunken Allowance as a starting point, this plan covers income, spending and saving, counting, and more.

High schoolers examine the effectiveness of 'trickle down' economics. In this "Reaganomics" instructional activity, students use readings, analogies, discussion and debate to understand basic economic concepts. High schoolers will...

For this current events worksheet, students analyze a political cartoon about the economic concept of debt and equity and respond to 3 talking point questions.

Students participate in a WebQuest to apply economic concepts. In this economics lesson plan, students are guided to various websites and simulate being an entrepreneur.

Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists.