Carolina K-12
Comparing Economic Systems
How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
Federal Reserve Bank
Once Upon a Dime
The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...
Carolina K-12
Supply, Demand, and Market Equilibrium
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.
Carolina K-12
Sample Test: Economics
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
National Woman's History Museum
Country to City
After reading a series of primary source documents, groups compare the lives of and opportunities available to rural and urban women in the 19th century to rural and urban life in the 21st century. As an exit ticket, individuals craft a...
College Board
2007 AP® Microeconomics Free-Response Questions
A monopoly gives a company exclusive rights to a market. What is the impact of that decision on the economy? Problem sets from College Board explore this question, as well as variables in labor markets and government regulations on profit.
College Board
2017 AP® Microeconomics Free-Response Questions
How much corn does a farmer need to grow if he wants to make a profit? A prompt from College Board asks learners to put themselves in the boots of a farmer growing crops for the alternative fuel market. Additional prompts consider the...
Council for Economic Education
The Columbian Exchange
What did you have for dinner last night? Many scholars ask that question without considering the history behind the foods they eat. Using a simulation, scholars investigate how the foods they eat are the product of the Columbian...
Council for Economic Education
The Economic System of Medieval Europe
How are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...
Council for Economic Education
Economic Systems of the Incas and Aztecs
The Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...
Federal Reserve Bank
Once Upon a Dime: High School Lesson Plan
Who knew that fairy tales and economics go hand-in-hand? Pupils complete a host of handouts, using everything from graphic organizers to short answer questions to reinforce concepts. They also complete a project that builds on everything...
Delegation of the European Union to the United States
The Single Market and Free Trade
What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.
Curated OER
Chapter 3: Individual Markets, Demand & Supply
Supply and demand, one of the most fundamental topics in economics, is the focus of this presentation. Cascading through detailed graphs and defining the law of demand, as well as the demand and supply schedules, this slideshow is sure...
Arkansas Economics
The Bead Game
What better way to learn about different economic systems than to participate in them? An engaging bead game highlights the differences between market, command, and traditional economies. In small groups, 6th graders work through three...
Curated OER
Do I Have What it Takes to be an Entrepreneur - and is My Community Ready?
Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...
Council for Economic Education
Athens and Olive Oil
Athens had olive oil—and lots of it! However, it needed wheat from the Egyptians. Understanding how societies get what they need through advantage and trade can be complicated. A scripted role-play exercise and in-class production...
Council for Economic Education
India and the Caste System in 200 B.C.E.
Many young people know India had a caste system that prevented social mobility and structured Indian society. The connections between the caste system and economics may not be as clear, however. A reading, chart activity, and PowerPoint...
Curated OER
An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...
Curated OER
Tiananmen Square
Young scholars identify and explain the Tiananmen Square incident of June 1989.
Studentsl compare what it is to be an American Citizen (Democracy) vs.
Chinese Citizen (Communism). Young scholars identify and define various vocabulary...
Curated OER
Economic Decision-Making
Tenth graders examine the cultural values of the Aboriginal people of Canada. In this global economics lesson, 10th graders discuss how capitalistic economies have changed the traditional values of the Aboriginal people in Canada.
Curated OER
How Has the Constitution Shaped the Economic System in the United States?
Students examine the characteristics of market economies. In this United States economics lesson, students analyze the Constitution to understand how it contributes to the market economy established in the United States. Students also...
Curated OER
Economics Study Guide
In this economics learning exercise, students answer a variety of fill in and short answer questions, draw a diagram to illustrate the circular flow of economic activity, and write short essays to address prompts.
Curated OER
The Labour Market: Flexibility
Students look at the issues surrounding labour market flexibility. They will produce a short summary outlining the relevance of the factor to the operation of the labour market.