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Lesson Plan
Council for Economic Education

The Economics of Income: If You’re So Smart, Why Aren't You Rich?

For Teachers 9th - 12th Standards
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
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Lesson Plan
Curated OER

Entrepreneur

For Teachers 10th - 12th
The students, in groups of four, establish a profitable business in the community. They complete research and conduct presentations.
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Lesson Plan
Curated OER

What is Entrepreneurship?

For Teachers 8th
Eighth graders describe the entrepreneurial process and how it relates to the economy. They work together in small groups to answer questions and participate in small business groups. They use the internet to gather information as well.
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Lesson Plan
Curated OER

How Can Entrepreneurs Control Costs?

For Teachers 9th - 12th
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
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Lesson Plan
Curated OER

Create and Locate Your Own Business

For Teachers 9th - 12th
Learners simulate the creation of their own business. Using the internet and database exploration, they research community profiles and select a business. Pupils define the target market and investigate a business location. In...
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Lesson Plan
Curated OER

How to Achieve Your Financial Goals

For Teachers 2nd - 5th
Students explore economics by creating a budget. In this financial goal setting lesson, students investigate their use of time by completing a worksheet. Students identify financial goals they would like to achieve in the next several...
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Lesson Plan
Curated OER

Starting Your Own Business

For Teachers 5th
Fifth graders read a book and complete several correlating activities to learn how to start their own business. For this economic and math lesson, 5th graders read the book The Toothpaste Millionaire. Students define the term...
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Lesson Plan
Council for Economic Education

NOT Your Grandma's Lemonade Stand

For Teachers 5th - 12th
Students participate in a WebQuest to apply economic concepts. In this economics lesson plan, students are guided to various websites and simulate being an entrepreneur.
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Lesson Plan
Curated OER

Economics: Incentives, Profit, and the Entrepreneur

For Teachers 10th - 12th
Students discuss both positive and negative economic incentives. In this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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Lesson Plan
Curated OER

The Entrepreneur's Game

For Teachers 12th
Twelfth graders explore the basic principles of the US free enterprise system. They examine the basic principles of the US free enterprise system including profit motive, voluntary exchange, private property rights, and competition.
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Lesson Plan
Curated OER

Inside the Vault-Entrepreneurship

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

Economics: Who Benefits from Competition?

For Teachers 10th - 12th
Students examine competitive markets and complete a simulation called "The More. the Merrier." In the simulation they assess how goods are more available when competition increases. Students investigate how competition and the opening of...
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Lesson Plan
Curated OER

Micro Economics - Personal Budgeting

For Teachers 9th - 12th
High schoolers explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
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Lesson Plan
Curated OER

The Business of Design

For Teachers 6th - 8th
Middle schoolers visit the Design for the Other 90% exhibition. In this design lesson, student learn how to design for the population of the world that is poor or impoverished. In addition, students read New York Times articles and watch...
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Lesson Plan
Curated OER

Planning: To Get Enough Money for Food

For Teachers 4th - 7th
Students investigate methods that families use for planning meals and budgeting for them. In this nutrition lesson, students complete activities that require them to determine how much it costs to feed children at different ages....