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Calculating Profits from Selling Virtual Lemonade

For Teachers 5th - 7th
Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology lesson plan, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider...
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You Be The Census Taker

For Teachers 9th - 12th
Students interpret information from an excerpt of the 1870 U.S. Census and compare that data to economic data they collect about local businesses in their own community. Students then evaluate how closely linked their community's economy...
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Living in the Community

For Teachers K - 2nd
Students explore the differences between the four sectors of business. In this nonprofit business lesson, students give examples of needs met by businesses and the importance of the community nonprofit sector.
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Discord in Dixieland

For Teachers 6th - 12th
Students brainstorm businesses located in their community, and whether or not their community has been affected by the introduction of chain stores. Students debate the effects that chain retailers have on local businesses and...
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What Caused the Great Depression?

For Teachers 10th
Analyze the many causes of major political, economic, and social developments during the 1920s and 1930s, with emphasis on the Great Depression. Read photographs from the 1920's and the 1930's, then write a brief explanation of what you...
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Is the Ruble Becoming Rubbish?

For Teachers 6th - 12th
Students analyze the effects of economic turmoil on the Russian economy and relate them to the local economy and their own lives. They trace the ripple effect of a troubled economy from a local business to the rest of the community.
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Supply and Demand

For Teachers 9th - 12th
Learners define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on...
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It's On Sale

For Teachers 1st
First graders read the book The Great Pet Sale to learn about economics and advertisements. In this economics lesson plan, 1st graders read the book The Great Pet Sale and define related vocabulary words. Students compare prices to find...
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1-800-MATHFUN

For Teachers 3rd - 11th
Students complete a number and letter recognition activity by creating phone numbers for businesses. In this telephone number lesson, students brainstorm telephone numbers that include words. Students translate numbers to their numeric...
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Strategies for Economic Development

For Teachers 10th - 12th
Students develop an awareness of the main strategies of development. The limitations of strategies is addressed. The skills of analysis and evaluation in the business environment are developed. The goal of the skills is becoming...
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School Improvement in Maryland

Monetary Policy

For Students 9th - 12th
As an introduction to monetary policy, groups investigate and evaluate the effectiveness of current monetary and fiscal policies on promoting full employment, price stability, and economic performance. They then apply monetary tools...
Lesson Plan
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Council for Economic Education

Unemployment Data: Is the Economy Healthy?

For Teachers 9th - 12th Standards
The United States will never see a time when the unemployment rate hits 0%. Why? Scholars research economic data to uncover clues hidden in the unemployment rate at any given time. A short video as well as research activities help...
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Council for Economic Education

FRED and the Federal Budget Interactive Lesson

For Teachers 9th - 12th Standards
How can a federal debt accumulate over time? The Federal Reserve Economic Data (FRED) dashboard allows scholars to actively research each aspect of the federal budget. In pairs, they analyze economic data to determine the best way to...
Lesson Plan
Council for Economic Education

New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou

For Teachers 9th - 12th Standards
Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...
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Running an Export Business

For Teachers 11th - 12th
Students define and give examples of importing and exporting, then analyze the role of importing and exporting on employment. They outline the basic procedures for exporting in an international market. Finally, students utilize...
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Economic Recovery? a Comparison of Indicators for Utah And the United States Since March 2001

For Teachers 9th - 12th
Students discuss key business and consumer indicators that are used to measure the health of the economy. They compare the economic recovery (from the 2001 recession) of Utah and the United States. They discuss the benefits and...
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Economic Activity and Markets

For Teachers 9th - 12th
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
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An Aging Population - Economic Problem or Opportunity

For Teachers 9th - 12th
Students explore if the aging population has any effect on the economy and overall well-being of society.  In this economic lesson, students research the economic impact of the older citizens.  They develop their own ideas and...
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Class Store

For Teachers 1st
First graders explore economics by participating in a group activity. For this commerce lesson, 1st graders conduct a role-playing activity in which they utilize goods and services to re-enact a general store's daily business. Students...
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Economics: Incentives, Profit, and the Entrepreneur

For Teachers 10th - 12th
Students 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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Teaching Economics Using LUNCH MONEY

For Teachers 3rd - 6th
Students, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if the...
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Whose Business?

For Teachers 4th
Fourth graders compare and contrast the businesses in Fort Griffin with those in their own community. Using the internet, they discover the factors that have influenced the development of businesses in a town. They also create a map of...
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Teaching Economics As If People Mattered

For Teachers 9th - 12th
High schoolers work together to brainstorm and answer questions related to economics. They compare and contrast the different types of wealth. They discuss how wealth is different than income.
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I'm in Business, Now What Do I Charge?

For Teachers 11th - 12th
Learners determine what price must be charged in order for an entrepreneur to breakeven and to make a profit. They calculate the breakeven price, identify opportunity costs, and write a paragraph explaining what costs should be used for...

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