Federal Reserve Bank
Lesson 1: Katrina Strikes
Most families have an emergency kit in their home with flashlights, water, and extra food. But what happens to your money when disaster strikes? An economics lesson focused on the aftermath of Hurricane Katrina in 2005 demonstrates the...
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...
University of Texas
Scarcity
How can having too little of something impact your life? Scholars investigate the concept of scarcity in their own lives and in the overall picture of the economy. Brainstorming activities as well as student-parent work bring to light...
Federal Reserve Bank
What Are the ‘Ingredients’ for Economic Growth?
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
Council for Economic Education
Teaching Economics Using Children's Literature
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
Workforce Solutions
Workforce Solutions 2-3 Lessons
Four lessons and an at-home connection examine 12 jobs. Beginning with an interactive map, scholars view and discuss each one within their small group. Groups focus on the products provided and on their scarcity. Finally, pupils look...
Curated OER
Scarcity of Water Throughout the World
Learners identify the various forms of fresh water on the earth. They observe a demonstration aand read articles that show them the importance of water conservation. They write a journal about their opinion regarding paying for water.
Curated OER
Economics Unit I - The Basics
Twelfth graders access how scarcity requires individuals and institutions to make choices about how to use available resources. They explore the characteristics of different economic systems and institutions. Student are able to describe...
Pulitzer Center
Food Insecurity
Food insecurity, whether as a result of food scarcity or a lack of nutritious food, is a growing and serious problem in the world today. After discussing the concept of food insecurity, learners listen to an NPR radio broadcast on the...
Visa
Savvy Spending: Sharpening Money Decisions
Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource will...
Curated OER
Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Curated OER
Scarcity of Land Throughout the World and in Hawaii
High schoolers discuss the importance of "land." They review the four types of land classification--urban, rural, agricultural and conservation--and participate in an activity involving an apple that demonstrates the use of land in...
Curated OER
The Great Kapok Tree - Economic Impact of Deforestation
Students read "The Great Kapok Tree" by Lynne Cherry. They, in groups, research the economic impacts of deforestation in areas with rain forest and identify resources that humans use from the rain forest.
Curated OER
Mucket Mania: The Mussel Industry in Arkansas
Middle and high schoolers read and discuss articles about the mussel industry in Arkansas. They pay close attention to the history of pearling and button making industries on the Black and White Rivers of Arkansas. This impressive,...
Curated OER
Money and Credit: Making Good Decisions
Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Visa
Dream Big: Money and Goals
Whether their objective is independent living, going to college, or buying a car, pupils will participate in discussions and complete worksheets to gain an understanding of how short- and long-term goals play a large role in helping...
Visa
A Plan for the Future: Making a Budget
From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.
Curated OER
What's the Earth Worth?
Students are able to identify natural resources from a shared reading by highlighting, scoring at least a 3 on a 4 point rubic. They describe in journal entries, after reading the book Amelia Bedelia Goes Camping or Curious Geogre Goes...
Curated OER
Edwin Perkins: A Nebraska Success Story
Fourth graders explore the life of the inventor of Kool-Aid to unearth concepts of a market economy. Vocabulary presented helps support the learning process.
Curated OER
Economics Using SimCity 2000
Fifth graders build a city and balance a budget for the population.
Curated OER
China: One Nation: Two Futures
Tenth graders explore the evolution of Chinese communism to its present export-driven economy. Working in groups, they examine various articles about reforms in Chinese society. They write essays about the impact of political reform on...
Curated OER
What Will I Do?
Eighth graders investigate future career choices by looking at classified ads in the newspaper. They consider their lifestyle choices when looking at career options. They prepare a written essay which details how they will prepare for...
Curated OER
World History: Extreme Global Makeover
Pupils examine the impact of modernization on China and India. While watching a video about a Chinese worker and the peasant class and how modernization affects both groups. They investigate the issue of migration in both countries and...