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Curated OER
What Time Does the Last Worker Report?
Third graders explore the concepts of time and consumer goods. In this telling time lesson, 3rd graders respond to questions about the passage of time and goods and services. This lesson incorporates the use a video titled...
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Why Don't I Ever Have Any Money?
Students keep a journal on their current spending habits. In groups, they develop guidelines for a family to follow given a specific amount of take home pay. They role play various scenerios to see what can be done with a given amount...
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Inside Money
Young scholars watch a video of a fictional country that is facing monetary problems. They work to answer questions that help solve the countries economic difficulties.
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Economics: Incentives, Profit, and the Entrepreneur
Pupils 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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How Much Will This Cost?
Students determine how much money is needed for a service learning project. They create a graph or chart to explain the budget for the service project. They complete budget worksheets as their plan goes into action.
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Introduction to Economics
Young scholars discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
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Budgeting-It Is For Everyone
Students complete a simulation designed to show them the importance of budgeting and avoiding living paycheck to paycheck.
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Market Game in Oil
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
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It Has to Balance
Second graders use a price list and balance sheet to plan for a day of fun at the beach. They consider expenses, income, and balancing of resources.
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Building Budgets
Young scholars explore New York City's bid to host the 2012 Olympic Games. They estimate budget allocations for such a proposal while practicing the calculation of percentages.
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Property Rights: Soviet Farms
Students examine the problems with the collectivized agriculture program in the Soviet Union. They listen to a teacher-led lecture, participate in a property rights scenario activity, create a plan for maximizing the value of land, and...
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Finding the Friendship Dolls, A True Story: How Children Can Create World Peace
Students listen to the book Finding the Friendship Dolls, A True Story: How Children Can Help Create World Peace through Toys. In this world peace lesson, students choose events in the story to create a timeline of those events. Students...
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It's Not Easy Being Green
Students investigate the environmental costs of operating golf courses. In this current events instructional activity, students visit selected websites to study golf course needs and green design options.
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How Has the Constitution Shaped the Economic System in the United States?
Students examine the characteristics of market economies. In this United States economics lesson, students analyze the Constitution to understand how it contributes to the market economy established in the United States. Students...
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Trading Around the World
Students role play as international traders from different continents. They negotiate prices and resolve trade barriers to better their understanding of free trade.
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Summer Trip
Seventh graders utilize the Internet for use of search engines to plan a trip. They research and develop expenses for a trip and divide and round the cost of things to the nearest tenth.
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How to Get Rich Slowly
Fourth graders discover how to budget in order to live in today's world. Allocating their resources is of prime importance in the monthly budget. They utilize a worksheet imbedded in this plan to figure out their monthly budget.
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Demand and Supply-It's What Economics Is About!
Students engage in research that investigates the economic concept of supply and demand. They look at the problem and how it can shift periodically in an economy. Students graph different quantities and see the shift in a visual way and...
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In the Chips
Students explain how markets work and the role of prices within markets is an important key to being able to explain and predict economic behavior. In true markets, prices are determined by the interaction of buyers and sellers.
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Economics: Who Benefits from Competition?
Young scholars 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...
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Andersonville Prison: A Civil War Economic Microcosm
Students develop the concept of economic systems. For this economic system lesson, students create command and market economic systems.
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Making Choices With Scarce Resources
High schoolers examine the role of scarcity and how to allocate resources. They describe examples of opportunity costs and tradeoffs. They choose a service project based on a cost and benefits analysis. They finally evaluate the impact...
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Government Lesson Plan 17
High schoolers analyze evidence of society's socioeconomic goals, prioritize goals, and identify the opportunity costs of limited government funding.
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Census 2000: Future focus
Learners recognize the importance of the census. They identify specific concerns of different population groups. They design an advertisement for Census 2000.