Council for Economic Education
Econ Ed Link: Baseball Economics 201
Some believe our national pastime may be threatened by the big market, high revenue teams like the Yankees (or the New York Mets, Chicago Cubs, Boston Red Sox, etc.) and that smaller market teams (e.g., the Florida Marlins, San Diego...
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 1)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
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."
Other
Henry George School of Social Science: Factors of Production
This site provides a good description of the characteristics of the factors of production (land, labor, and capital), and provides some follow-up questions for discussion.
Council for Economic Education
Econ Ed Link: The Economics of Professional Sports: Underpaid Millionaires?
Over the last century, professional baseball has grown to become one of the most popular forms of American entertainment. Indeed, the sport's nickname - "America's Pastime" - has become embedded in the nation's lexicon. More than 60...
Council for Economic Education
Econ Ed Link: The Economics of the Family Farm
Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent farm crisis in this lesson.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Circular Flow
Explains how resources, goods and services, and payments flow through the economy using the economic model of circular flow.
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
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...
Khan Academy
Khan Academy: The Production Function
Practice what you have learned about the production function in this four-question exercise.
Khan Academy
Khan Academy: Consumer and Producer Surplus and Allocative Efficiency
Practice what you've learned about consumer and producer surplus in this four-question exercise.
Louisiana Department of Education
Louisiana Doe: Louisiana Believes: Civics: Global Competition
Young scholars develop and express claims through discussions and writing which examine how various factors of production are affected by global competition and how resources are allocated differently due to global competition.
Auburn University
Auburn University: A Glossary of Political Economy Terms: Land
Provides a definition for land as seen by an economist.
Auburn University
Auburn University: Glossary of Political Economy Terms: Capital
This Auburn University site has a definition for capital as an economist would use the term.
Wikimedia
Wikipedia: Factors of Production
This site gives an overview of economic factors of production (land, labor, capital). Gives detailed descriptions, and links to descriptions of words that might need clarification. Students can make connections as to how these relate to...
Auburn University
Auburn University: Glossary of Political Economy Terms: Factors of Production
This Auburn University site has a detailed definition for factors of production.