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Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
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...
Curated OER
Scarcity, Choice and Decisions
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...
Illustrative Mathematics
Field Day Scarcity
Introduce young mathematicians to concepts of financial literacy with this open-ended word problem. With seven dollars to spend during field day and given a list of available items and their prices, children must determine how they want...
Curated OER
If the World Were a Village
Students 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...
Carolina K-12
Factors of Production and Economic Decision-Making
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...
Bowland
Water Availability
Just how scarce is water in different parts of the world? Through these water lessons, young data analysts use provided data to investigate the scarcity of water in countries of the Middle East and Africa. They use ratios and rates to...
Curated OER
Conserving Water through Art!
Students study water conservation. In this water conservation lesson plan, students investigate the scarcity of water and determine reasons for conserving water. Students estimate how much water they use in one day and identify...
Curated OER
Rationing Scarce Goods and Services
Students examine the concept of scarcity. They list ways in which they can all get a piece of a good or service. They discover the concept of scarcity and discuss.
Curated OER
Basic Trading
Learners 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...
Curated OER
The Class Trip
Mrs. Moore's class is trying to earn money for a trip to the science museum, but how much more do they need? Solve this problem with your own class as they develop their ability to model real-life situations algebraically. As an added...
PricewaterhouseCoopers
Conservation: Water
Here is a fantastic experiment-based lesson on water conservation, waste, and filtration. The lesson plan is well-developed and provides background information, discussion leads, and six scripted lab activities anyone can do. The class...
Curated OER
Entrepreneurship: Creating Products and Systems That Meet the Needs of Your Clients
There is no better way to learn about a subject than with a hands on project. Middle schoolers design and create a product that meets the needs of fictitious clients. They view a PowerPoint, consider how the Western marketing style is...
Curated OER
Market Basics: Demand, Supply, and Price Determination
Students 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 there...
Curated OER
Budgeting Your Financial Resources
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...
Curated OER
Trade Offs and Opportunity Cost
Students explore the role of government in the economy market. For 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...
Curated OER
Water Wars: Responsibility in the Age of Globalization
Students explore the concept of water as a resource and as a human right. In this conservation lesson plan, students record and chart personal water usage and consumption then brainstorm ways in which to responsibly reduce water waste.
Curated OER
The Economy
Young scholars 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...
Curated OER
Got to Rot
Students make their own compost in a 2-liter jug and determine the actual volume loss in the composted material over a six-month period.
Curated OER
Teaching About the Hydrosphere
Eighth graders are introduced to the Earth's hydrologic system including the cycling of water in the atmosphere and the movement of water on the surface of the planet using the Great Lakes watershed as an example.
Curated OER
Invest In Yourself
Students learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson, students apply their knowledge of finance components and create their own web based plan...
Curated OER
Pollution Solutions: Earth Day
Eighth graders explore water pollution. In this stewardship lesson, 8th graders draw comparisons between potable and impaired waters. Students use the Learning Link website to examine ways people are fighting pollution and then design an...
Curated OER
Pass the Jug
Students discuss water rights. In this science lesson, students simulate an exercise whereby they begin to understand the meaning of water allocation and limited water supplies by actually passing out water from a jug.
Curated OER
The Role of Public and Private Sectors
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...
Curated OER
Why People Trade
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...
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