Council for Economic Education
Econ Ed Link: Be an Ad Detective
Every day, students are bombarded by advertising. They cannot escape it. But marketers realize that many ypung people are becoming very good at tuning ads out. Businesses thus are becoming more creative in their communication with...
Other
Two Neophytes Bring a Taste of New York to Pittsburgh [Doc]
This article discusses how two entrepreneurs went to New York City to see what was "hot," and brought those ideas to a hungry Pittsburgh region. (02/18/1997)
Wikimedia
Wikipedia: Cartel
This on-line encyclopedia provides the legal definition and examples of a cartel.
Other
Marietta College: Umw: Oligopoly and Interdependence in the Classroom
This site provides an example of a game tree associated with firms in an oligopoly. This in-class experiment could be used to help study oligopolies, interdependence of firms, or collusion.
Other
Crikey: Shopping Mall Oligopoly Cops a Hit
This news article discusses how stores at an Australian shopping mall colluded in order to drive out a new competitor, along with reasons given by the judge. (Dec 19, 2004)
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
Alabama Learning Exchange
Alex: Advertising and Its Effects on Consumer Decision Making
This lesson will show the student the power of advertising to create demand for a product. After reviewing existing advertisements, the students will create their own campaign for a product. Following a presentation to the class as a...
Digital History
Digital History: Transforming American Law
Changes in American law promoted economic growth. See how private companies were protected from penalties and liabilities, and were given special privileges because they contributed to the public good.
State Energy Conservation Office-Texas
State Energy Conservation Office: Renewable Energy and Electric Utilities [Pdf]
Discusses the state of renewable energy production in Texas, which opened the market to competition, set minimum standards for the production of renewable energy, and established a system of Renewable Energy Credits. These factors...
Council for Economic Education
Econ Ed Link:i Don't Want Much, Just Want More: Allocation
This student version of an economics lesson plan focuses on allocation. For a lesson about how the rule of force motivates, check out this informative website.
Sophia Learning
Sophia: Concept of Demand
A series of resources provided to teach students the concept of demand and demand curve shifts. After taking notes, students can view two video segments to help clarify the concept.
Council for Economic Education
Econ Ed Link: Us and Eu Go Bananas Over Trade
Economists generally agree that free trade helps to improve the overall quality of life in countries that participate. However, disagreements do arise concerning trade agreements. This lesson looks at a disagreement between the US and EU...
Employment Spot
Employment Spot: Back to School
Perhaps it's time to consider further education or training. In today's job market, the competition is fierce. Applicants are more qualified and better educated than their counterparts of only a few years ago. Many times, the only way to...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...
Savvas Learning
Pearson Education: National Brands Versus Private Labels and Generics
This article compares national brands to generic brands, with respect to prices, customer satisfaction, and product differentiation.
Wikimedia
Wikipedia: Oligopoly
Provides a definition and describes the characteristics of an oligopoly.
Council for Economic Education
Econ Ed Link: Did You Get the Message?
Advertising is the primary tool used by businesses to tell consumers about the goods and services they sell in the marketplace. Businesses also use advertising to try to convince consumers to buy what they are selling. Advertisements do...
Council for Economic Education
Econ Ed Link: Fad or Fortune
This instructional activity focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value....
BBC
Bbc Newsround: Samsung Fined for Fake Comments
Article reports that Samsung has recently been fined for hiring a company to post fake positive reviews about their products and negative comments about competitors' products online.
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
Yale University
Yale Department of Economics: Surplus Labor [Pdf]
An evaluation of the microeconomics of surplus labor, this 26-page requires Adobe Acrobat.
Curated OER
Wikipedia: National Historic Landmarks in Alabama: Henry D. Clayton House
This was the home of anti-trust legislator Henry De Lamar Clayton, Jr. He was the author of the Clayton Antitrust Act, an act that prohibited particular types of conduct that were deemed to not be in the best interest of a competitive...