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,...
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.
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What is the Optimum Allocation of Resources?
In this economics learning exercise, students analyze the optimum allocation of resources as they answer 4 multi-step questions that require them to study production and marginal revenue data tables.
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Products, the Environment and Consumer Choices
High schoolers review the factors of production and how they are used to make the products they buy. In groups, they participate in different scenerios in which they discover the amount of power they have to affect change buy purchasing...
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...
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Globalization and Consumerism
Is the expansion of American corporations abroad a good or bad thing? After examining the global operations of Ford Motor Company, McDonald's, and Walmart, class members are asked to evaluate the impact of globalization and...
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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...
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Production Possibilities & Opportunity Cost
In this economics activity, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
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Will the Real Capitalism Please Stand Up?
Learners 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...
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Track the Path of Coffee From Farm to Store Shelf
Young scholars 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. Young scholars...
Federal Reserve Bank
Why Scarce Resources Are Sometimes Unemployed
Why do markets operate inefficiently when the world's resources are so limited? Review the various types of unemployment that exist and why some resources, especially human resources, go unused.
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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...
Equality and Human Rights Commission
Learning area 5: Job Done!
Four activities conclude a unit through discussion and activities inspired by reflection. Scholars revisit their storybook from the first unit. Self-portraits showcase thought bubbles with written statements. Groups write and perform a...
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"I've Been Working on the Railroad" - Federal Land Grants and the Construction of the Illinois Central Railroad in Mid-nineteenth Century Illinois
Eleventh graders, in groups, design a self-sufficient community. Groups present the communities they've designed. They compare and contrast the communities presented. They research the theories of Johann Heinrich von Thunen online and...
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Economics: Incentives, Profit, and the Entrepreneur
Students discuss both positive and negative economic incentives. In this lecture-based lesson plan, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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But, Why Sex?
Students investigate the importance of sexual reproduction in evolution. In this sexual reproduction lesson plan, students simulate species with two traits: eye and skin color. They determine what characteristics are beneficial for the...
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The Inuit Society-- The Importance of Tradition
Learners conduct research at the Inuit perspective website to explore the life and culture of the modern day Inuit.
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Economics: Property Rights and the Rule of Law
Students examine the economic value of property rights. In a classroom activity, "You're the Economist," they analyze actual research data from establishing land holding titles in Para, Brazil. They assess several case studies about the...
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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 lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
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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...
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Inflation and Unemployment
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...
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The Common Tragedy of Consumerism
Students evaluate the effectiveness of current climate change solutions. In this global warming instructional activity, students look at the current measures implemented and analyze whether they are beneficial to the environment or not....
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Introduction to Fair Trade
Students investigate fair trade practices. For this economics lesson, students conduct collaborative research on fair trade practices, the controversies of trade, and the effects of fair trade practices. Students present their findings...
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Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.