This article summarizes the learning objectives and essential knowledge for the lesson on Scarcity. Here you will find key terms, key concepts, common misperceptions, and discussion questions to help you review what you have learned....

The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if you...

As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...

A lesson based on the book, Monster Musical Chairs, by Stuart J. Murphy. Students learn, through a game of musical chairs, that any supply of goods is limited and not everyone's wants will necessarily be met.

Go to this site for fun activities and a great lesson on personal choices and specialization. This lesson provides the primary teacher with an excellent opportunity to incorporate a character education lesson on self-esteem, while...

"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...

Young Booker T. Washington had a dream. That dream was to use the resources at his disposal to earn the money necessary to get an education that would allow him and others to become financially secure. This lesson based on the picture...

This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value. They will...

It's December 16, 1773 and many of the citizens of Boston are furious with King George's new tax on tea. Young Ethan, a printer's errand boy, has been given the task of conveying information concerning an upcoming protest meeting. As he...

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...

An economics and literature lesson addressing capital resources, increasing productivity, and research skills. Based on a story by Robert McClosky called The Doughnuts.