Lesson Plan
Carolina K-12

Factors of Production and Economic Decision-Making

For Teachers 10th Standards
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Lesson Plan
Curated OER

Scarcity, Choice and Decisions

For Teachers 10th - 12th
Students study the basic economic trilogy (scarcity, choice, and costs). In this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...
Lesson Plan
Curated OER

Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
Lesson Plan
Curated OER

The Economy

For Teachers 9th - 10th
Students explore the role of government in the economy market. In this economics instructional activity, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they...
Lesson Plan
Curated OER

Trade Offs and Opportunity Cost

For Teachers 9th - 10th
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
Lesson Plan
Curated OER

Arkansas- Economic System

For Teachers 7th - 8th
Students investigate how the six natural regions of Arkansas work together to form the economic system of the state. They read a paragraph and articles about the state and complete an activity that demonstrates interdependence. They...
Lesson Plan
Curated OER

If the World Were a Village

For Teachers 3rd - 5th
Pupils examine the conditions of the global economy. As a class, they discuss the political, economic and cultural differences around the world. They review the concepts of distribution and scarcity and identify the costs and benefits...
Lesson Plan
Curated OER

Rebuild Your Community

For Teachers 9th - 12th
Learners explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development lesson, students watch a video from the Nightly Business Report and explore what all it takes to make up a...
Lesson Plan
Curated OER

Basic Trading

For Teachers 2nd - 6th
Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...
Lesson Plan
Curated OER

The Role of Public and Private Sectors

For Teachers 9th - 10th
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
Lesson Plan
Curated OER

Why People Trade

For Teachers 8th - 10th
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
Lesson Plan
Curated OER

Inside the Vault-Entrepreneurship

For Teachers 9th - 12th
Young scholars explore entrepreneurship. In this economic study lesson, students take a pretest on attitudes, review characteristics that make up an entrepreneur, review a list of famous entrepreneurs, and create a 5 minute oral...
Lesson Plan
Curated OER

Boom Town/Gold Rush

For Teachers 4th - 5th
Students discover the history of California by researching the Gold Rush.  In this economics history lesson plan, students participate in a class discussion about the book Boom Town, and the value of gold in California. ...
Lesson Plan
Curated OER

A Proper Role for Government - Seeking Perfection in an Imperfect World

For Teachers 8th - 12th
Students discuss the proper role of government in the economy. Reviewing the foundations for a market economy to work properly, they decide how to best direct resources to get the most out of them. They distinguish between private and...
Lesson Plan
Curated OER

Satisfying Wants

For Teachers 6th - 8th
Young scholars describe the difference between a want and a need. In groups, they brainstorm a list of all of their wants and the method of exchange that is going to allow them to be satisfied. They discover how having money makes...
Lesson Plan
Curated OER

Market Basics: Demand, Supply, and Price Determination

For Teachers 9th - 12th
Young scholars are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when...
Lesson Plan
Curated OER

Budgeting Your Financial Resources

For Teachers 7th - 12th
Students explore the aspects of making a budget. In this money management lesson, students learn the importance of budgeting and what all goes into creating a budget by eventually creating a budget of their own including how much they...
Lesson Plan
Curated OER

Water Wars: Responsibility in the Age of Globalization

For Teachers 7th - 12th
Students explore the concept of water as a resource and as a human right. In this conservation lesson, students record and chart personal water usage and consumption then brainstorm ways in which to responsibly reduce water waste.
Lesson Plan
Curated OER

Invest In Yourself

For Teachers 7th - 12th
Learners learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management instructional activity, students apply their knowledge of finance components and create their own web...
Lesson Plan
Curated OER

Market Structures and Competition

For Teachers 8th - 12th
Young scholars review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the...
Lesson Plan
Curated OER

Producers of Goods and Services

For Teachers 4th - 8th
Learners use newspapers to brainstorm a list of the producers of goods and services in their community. In groups, they organize coupons based on the good or service and create a chart to organize the information. They discuss the...
Lesson Plan
Curated OER

The Market for Moving People to America, 1610-1775

For Teachers 9th - 12th
High schoolers examine the markets that brought people to America. They identify the role of the immigrants in creating this country. They also analyze data to gather information about the time period.
Lesson Plan
Curated OER

The Power of Compounding

For Teachers 6th
Sixth graders examine the concept of compounding interest on invested money. They explore how much interest their money would earn through compounded interest. Students conclude that they should invest early and often.
Lesson Plan
Curated OER

Trading in a Marketplace

For Teachers 9th - 12th
Students complete a trade simulation in a marketplace. In the simulation, they role play the role of producer and consumer of goods and apply the concepts of supply and demand. In groups, they discover how an environment can affect the...