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...
Council for Economic Education
Economic Systems of the Incas and Aztecs
The Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...
Delegation of the European Union to the United States
The Single Market and Free Trade
What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.
Council for Economic Education
Economic Data Lesson: Economic Policy Options
Can you make decisions that will impact millions of people around the nation? Scholars research the role of the Federal Reserve, and its Chairman, on the economic outlook of the country. They analyze current trends in unemployment,...
Winston-Salem Forsych County Schools
Economics Worksheet Economic Systems and Circular Flow
Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics worksheet that that asks kids to identify terms and concepts.
Council for Economic Education
Employment Data: Is the Economy Healthy?
Low unemployment is an indicator of a healthy economy—right? Current employment data and research leads scholars on a quest to find the true health of the economy. They analyze research on Payroll Employment Data and watch a short video...
Council for Economic Education
GDP Data: Is the Economy Healthy?
Does the economy needs a check-up? Scholars analyze the gross domestic product (GDP) to determine the overall health of the current economy. They use a short video clip as well as economic data to determine the current growth of the...
Council for Economic Education
Inflation Data: Is the Economy Healthy?
What stories do current trends tell about society, fashion, and the future? Scholars investigate the concept of inflation and its impact on the future of the American economy. They compile current economic data to determine the level of...
Federal Reserve Bank
GDP: Does It Measure Up?
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional worksheet that details the expenditure method and four components for...
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...
School Improvement in Maryland
Types of Economic Systems
As an introduction to economics, government classes investigate different types of economic systems (traditional, command, market or capitalist, mixed) to determine answers to basic question about how goods are produced.
Bill of Rights Institute
The Great Depression: Economic Causes and Repercussions
Brother, can you spare a dime? Scholars investigate an AP review video to understand the causes of the Great Depression and the economic collapse of the American economy. Viewers examine the many economic factors leading to the worst...
Federal Reserve Bank
Market Basket SMART/ActivInspire Lesson Plan
Inflate your knowledge, not the economy! Pupils learn more about inflation with detailed worksheets and exciting activities such as role play, an interactive PowerPoint presentation, and a project in which they design a podcast on...
Council for Economic Education
India and the Caste System in 200 B.C.E.
Many young people know India had a caste system that prevented social mobility and structured Indian society. The connections between the caste system and economics may not be as clear, however. A reading, chart activity, and PowerPoint...
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
Deflation: Who Let the Air Out?
Why do decreasing prices (deflation) restrain economic growth, and why is this a real concern? Here you'll find reading materials and a related instructional activity that gets right to the heart of this question, using recent events and...
Federal Reserve Bank
Once Upon a Dime
The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...
Rice University
Principles of Microeconomics for AP® Courses 2e
An informational textbook covers key principles related to microeconomics, such as consumer behavior and using models to understand economic issues. Young scholars also complete self-check questions at the end of each section to check...
Federal Reserve Bank
Wait, Is Saving Good or Bad? The Paradox of Thrift
Could saving really harm the economy? Discover the paradox of thrift and how decreases in consumption can affect economic recovery and various markets and industries.
Federal Reserve Bank
Could It Happen Again?
The final instructional activity in a series of six about the Great Depression focuses on the Federal Reserve's role in stabilizing the economy.
Rice University
Principles of Macroeconomics for AP® Courses 2e
The informational textbook covers topics like supply, demand, price ceilings, and markets for goods and services. Scholars also review vocabulary and test their knowledge of the material with the assessments provided within the resource.
School Improvement in Maryland
Monetary Policy
As an introduction to monetary policy, groups investigate and evaluate the effectiveness of current monetary and fiscal policies on promoting full employment, price stability, and economic performance. They then apply monetary tools to...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Council for Economic Education
Athens and Olive Oil
Athens had olive oil—and lots of it! However, it needed wheat from the Egyptians. Understanding how societies get what they need through advantage and trade can be complicated. A scripted role-play exercise and in-class production...