Economics learning module on the fundamentals of economics including the role of government and economic systems.

Practice what you have learned about economic systems in this four-question exercise.

This student version of an economics lesson plan focuses on allocation. For a activity about how the rule of force motivates, check out this informative website.

Using poverty rate as a measure of development, students select countries five at a time to compare how resources are allocated to three economic sectors (agriculture, industrial, service). After making comparisons, students will...

Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts shaped like pie slices called Ahupua'a (ah-who-...

An introduction to basic concepts in beginning economics.

A definition is given for allocation in relation to economics.

Students research the economic systems of a communist country and a third-world country and compare them to the US, guided by questions and using information from the CIA World Factbook website.

This is a lesson plan on the environmental aspects of economic development. Focusing on Brazil, the lesson takes young scholars through the pros and cons associated with development and how multiple players are involved.

Students will work in cooperative learning groups to examine the similarities and differences in capitalism, socialism, and communism. They will do research to meet specific requirements of elements that must be included in a...

This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...

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...

There are lots of ways to receive income, and lots of ways to spend it. In this EconomicsMinute you will develop two budgets to help you decide how to allocate your income. Assuming you do not love making dollar bill rings.

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

This module discusses fundamental problem of scarcity challenges us to think about an allocation mechanism to determine what is produced and who consumes it. It discuss scarcity and allocation mechanisms. In this course,the focus is on...

Why are perfectly competitive markets efficient?

How does the government raise money to fund government agencies like the EPA? Through taxes. This lesson plan looks at the different taxes that are paid by US citizens and how the money is used for things such as cleaning up the...