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.

Students participate in an economics game which demonstrates the advantages of price allocation over other methods.

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...

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,...

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...

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...

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...

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...

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...

Students investigate the cultivation and marketing of coffee. In 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 the...

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.

Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....

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...

High schoolers 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.

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.

Students 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.

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...

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...

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...

Students study current assets and plant assets. They post entries to the general ledger and explore the effects of depreciation on plant assets, how to calculate the depreciation expense for an entire fiscal year using the Straight-Line...

Students examine the relationship between inflation and money. Defining key terms, they define money in terms of its functions and give examples of money. They discover what happens when inflation occurs unexpectedly. They also examine...

Twelfth graders are introduced to the relationship between inflation and unemployment. They define the employment and unemployment rate and practice calculating the figures. Analyzing minimum wage laws, they model a process for...

Students evaluate the effectiveness of current climate change solutions. In this global warming lesson, students look at the current measures implemented and analyze whether they are beneficial to the environment or not. Advance reading...

Students examine the different types of economic markets. They identify rewards and penalties for different types of behaviors in different markets. They also examine the role of supply and demand.