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Federal Reserve Bank
The Legacy of the Olympics: Economic Burden or Boon?
Do the economic benefits of major sporting events such as the Olympics or the World Cup outweigh the expected costs? Using fundamental economic terms, discover the explicit and implicit costs and benefits for countries that host these...
Council for Economic Education
Jokes, Quotations, and Cartoons in Economics
Humor offers a great tool teach the basics of economics to scholars via video clips, satire, and political cartoons. Individuals create their own economic humor to present to the class—with the assistance of Daryl Cagel's online...
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
Bill of Rights Institute
Economics of the North and South Before the Civil War
How did economic issues lead to war? Viewers watch an AP review video to examine one of the main causes of the American Civil War, the Tariff of Abominations. They examine the issues concerning the economies of the North and South prior...
Federal Reserve Bank
Choices Are Everywhere: Why Can’t We Just Have It All?
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics.
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.
School Improvement in Maryland
Socio-Economic Goals of the Government
Equity. Increased productivity. Price stability. Environmental protection. Decreased poverty. Governments establish socio-economic goals and then must design and fund programs to address these goals. Groups investigate various...
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...
Curated OER
The Foundation of Economics
This is a one-stop shop as an introduction to Economics; review 53 slides covering the basics of most economics principles with images and instructor notes. Journey from Adam Smith and the foundation of modern economics to concepts such...
Federal Reserve Bank
Lesson 3: A Fresh Start
The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third lesson in a unit about Hurricane Katrina and other events that can result in...
US Department of Commerce
The Opportunity Atlas
The American dream is to climb the social and economic ladder, but is it really possible? Using an online opportunity atlas, class members explore income and social mobility throughout the country. Discussion prompts allow learners to...
Federal Reserve Bank
Natural Disasters: From Destruction to Recovery
What are the major economic implications, both good and bad, of natural disasters? Discover the effect that natural disasters can have on labor market conditions, capital, household incomes, and opportunities for reconstruction in local...
Federal Reserve Bank
The Pickle Patch Bathtub
What do your pupils want to save up their money for? Based around the book The Pickle Patch Bathtub, this lesson covers opportunity cost, saving, and spending. Learners participate in a discussion and practice making their own...
Federal Reserve Bank
Something Special For Me
People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.
Federal Reserve Bank
The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?
How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in...
Council for Economic Education
Specialization and the Decathlon
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...
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...
Council for Economic Education
Great Civilizations Develop around Rivers
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
Federal Reserve Bank
Beatrice’s Goat: A Lesson on Savings Goals
Youngsters learn the meaning of saving and how to reach savings goals by first reading a story of a young Ugandan girl who is gifted a goat, and then discovering the opportunity costs of savings decisions made by her and her family.
Federal Reserve Bank
On the Court with... Michael Jordan
Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.
Elizabeth Murray Project
The Education of Women in Colonial America
What educational opportunities were available to women during the colonial era in American history? How did the opportunities available to women differ from those for men? To answer this question, class members examine a series of...
Federal Reserve Bank
Then and Now: Fed Policy Actions During the Great Depression and Great Recession
Review the Great Depression in the United States from an economist's perspective, examining roots of the crash, government policy actions, and policies instituted by the Fed.
Workforce Solutions
Workforce Solutions 4-5 Lessons
Four lessons focus on job opportunities in Texas. In the first lesson, scholars examine the geography of Texas in preparation for analyzing data that showcases the economy of different regions. Lesson three challenges pupils to research...
Federal Reserve Bank
Ben Franklin: Highlighting the Printer
By studying Benjamin Franklin's work as a printer, your class will have a fantastic opportunity to learn about the economic concepts of entrepreneurship, human capital, and investment.