Council for Economic Education
Econ Ed Link: Opportunity Cost
Website with short video [0:20] and quiz teaches the concept of opportunity cost. Links to related material and lessons.
Other
Foundation for Teaching Economics: Lesson 2: Opportunity Cost and Incentives
This lesson covers the National Content Standard 2: Marginal Decision Making. It provides key terms and concepts around scarcity forces, changing opportunity costs which affect incentives and choices. It includes links to a teacher's...
Council for Economic Education
Econ Ed Link: Classroom Cash Incentive Plan
Learn more about the economy through this informative instructional activity. "In this instructional activity, you will learn how the incentive program affects the personal choices you make in class. You will also analyze how economic...
Council for Economic Education
Econ Ed Link: Incentives Influence Us
Find out more about the concept of incentives in our economy through this lesson plan. "You will identify incentives used at home and school."
Council for Economic Education
Econ Ed Link: Costs and Benefits of 'The Three Little Pigs'
Find out what the definition of a cost and a benefit is in terms of the economy when using this site. "When making a decision, students should consider the costs and the benefits of that decision."
Council for Economic Education
Econ Ed Link: An Investigation of Regional Housing Costs
This instructional activity has learners explore differences in regional housing costs, determine the percentage of gross income spent on housing, assess the impact of housing costs on a relocation decision and recognize wages and...
Council for Economic Education
Econ Ed Link: Incentives Video and Quiz
Economics website with video [1:35] and interactive quiz teaches about costs, benefits, and incentives.
iCivics
I Civics: The Market Economy
This lesson teaches the basics about the market economy, including the relationships between consumers and producers, supply and demand, and profit and incentive. Learners learn six traits of a market economy, compare the market economy...
Council for Economic Education
Econ Ed Link: Keep the Strike Going? Or End It? That Was the Question
In this lesson students will be able to describe the circumstances around the 1998 NBA players strike, list the incentives that influenced player and owner decisions, and identify the costs and benefits the strike had on various groups.
Council for Economic Education
Econ Ed Link: Why Cities Provide Tax Breaks
Like the state and federal government, local governments offer tax incentives to businesses to help solve economic and/or environmental problems. In this lesson, students will explore three different cities and determine what incentives...
Council for Economic Education
Econ Ed Link: Timing Is Everything
In the first part of the lesson, students examine the incentives and opportunity costs of spending and saving in a teacher directed lesson. The remainder of the lesson is an interactive website. Students work through problems that...
Council for Economic Education
Econ Ed Link: Dumptown, Usa: Making a Ton of Difference
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Council for Economic Education
Econ Ed Link: The Economics of Voting
Since the 1960s, many Americans eligible to vote have not bothered to do so- not even in presidential elections. Low rates of participation in voting have been worrisome to people interested in preserving our democratic traditions....
Council for Economic Education
Econ Ed Link: The Price We Pay for Health: Us and Canada
Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the trade-offs associated with those positive aspects. In Canada, everyone has health care,...
Council for Economic Education
Econ Ed Link: The Economics of Voting: What Do You Mean My Vote Doesn't Count?
This lesson explores the costs and benefits associated with voting in national elections. Specifically, the concepts of rational apathy, rational ignorance and expressive voting are explained.
Council for Economic Education
Econ Ed Link: The 411 on College Education
What are the costs and benefits to getting a college degree? Use this lesson plan to get your students thinking about the options they have for higher education and how to pay for it.
Other
Texas Comptroller of Public Accounts: The Energy Report: Solar Energy [Pdf]
Chapter 10 of a report on the energy industry in Texas. It examines solar energy, its history, and how it is used. The solar power industry in Texas is described, its economic importance, methods of producing it, and how it is...
Other
Texas Comptroller of Public Accounts: The Energy Report: Wind Energy [Pdf]
Chapter 11 of a report on the energy industry in Texas. It looks at wind energy, its history, and how it is used. The wind power industry in Texas is described, its economic importance, how it is produced and transmitted, and its...
Council for Economic Education
Econ Ed Link: Transportation: They Say We Had a Revolution (Part 1)
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons, the...
Council for Economic Education
Econ Ed Link: Fewer Watts and Fatter Wallets
Students learn about incentives for alternative energy programs and the role played by non-price determinants in energy choices.
Council for Economic Education
Econ Ed Link: Tapped Dry: How Do You Solve a Water Shortage?
Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one...
Council for Economic Education
Econ Ed Link: Chevy Volt It's Electric!
The costs and benefits of owning an electric or hybrid car will be evaluated in this activity. By reading and researching the history of the production of electric cars, the activity allows students to understand how this market has...
Council for Economic Education
Econedlink: Elasticity of Demand Video and Quiz
This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much quantity demanded will change in response to a change in price. The website contains an interactive quiz and links for...
Council for Economic Education
Econ Ed Link: Are the Best Things in Life Free?
Students use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...