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Curated OER
The Economic Way of Thinking - About Everything
Students write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.
Curated OER
Reaganomics: A fix to the unemployment and inflation of the time
The 1980's was an interesting time for the American economic system. This presentation relates the lead to and the effects of Reaganomics, Trickle down economy, and Clintonomics. Embedded links, works cited, and images are included. A...
Curated OER
Frozen Price Game
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
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
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Curated OER
Opportunity Cost
Students explore the concept of opportunity cost. Classmates discuss, orally and in writing, a time when they had to make a choice when all choices seemed worthwhile. They explore the impact of making decisions when resources are...
Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
Curated OER
Production Possibilities & Opportunity Cost
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
Curated OER
Market Basics: Demand, Supply, and Price Determination
Students are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when there...
Curated OER
The Role of Profits in the Economy
Students discuss the role of profits in an economy. As a class, they explain why profits are an incentive and practice calculating profit and loss. They discover what a firm in capitalism must do to earn profits and explain the...
Curated OER
Hands On: Divide with Multiples of 10, 100, and 1,000
For this division worksheet, 5th graders work with division when using multiples of 10, 100, and 1,000. They use the basic facts and patterns to find the quotients while showing their work to solve 6 word problems.
Curated OER
Will the Real Capitalism Please Stand Up?
Students analyze descriptions from five different countries to determine which institutional components of capitalism are present and, if so, to what extent. They then place each on a continuum depending upon the number and strength of...
Curated OER
Track the Path of Coffee From Farm to Store Shelf
Students investigate the cultivation and marketing of coffee. For this global studies lesson, students consider the connections of the 21st century world as they explore how coffee makes it from farms to their homes. Students consider...
Curated OER
Budgets: The Cost of Running a Planet
Students develop a personal and planetary budget. They explore the "Spending Central" section of the ING website, discuss why we keep personal budgets, and in small groups complete a worksheet in which they create a budget for the planet.
Curated OER
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this instructional activity is highly engaging and enables them to discover how economics can be an exciting...
Curated OER
Economic Problems and Adjustments
This packet does not contain problems for students to solve, however it provides a complete description of the allocation of resources in a competitive market. One could send this resource home as an assigned reading or have students...
Federal Reserve Bank
Creating a Budget
Learning to create and maintain a budget is an important life skill. Guide individuals in the discovery of their spending habits and how to track them. They then use what they learned to create a budget and make decisions on where they...
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.
Curated OER
Life in a Soviet Household
Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
Curated OER
Holiday Market Basket Information
Students practice with calculation of a price index using a fictitious market basket. They apply higher level problem-solving skills and develop an awareness of multicultural holiday rituals.
Curated OER
Choice, Opportunity, Cost and Decisions
Learners discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Illustrative Mathematics
Firefighter Allocation
Creating equations with one variable to solve real-world-type problems is a key skill any algebra learner needs to master. Here the focus is on realizing that one can write the equation in different ways depending upon how one...
Curated OER
Chapter 25: Monopolistic Competition and Oligopoly
Poring over the details and characteristics of monopolistic and oligopoly systems, these slides include charts, graphs, and key terms to help viewers truly grasp the concepts behind each market model. From budding economists to...
Curated OER
Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...