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Economic Activity and Markets
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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Market Structure and Competition
Students explore the role of government in the economy market. In this economics lesson plan, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying...
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Entrepreneurs and the African-American Dream
Students make a simple graph of labor supply and labor demand in the North and South in the early twentieth century. They conduct research to identify top contemporary African-American entrepreneurs.
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Account-Recording Adjusting/Close Entries, Partnership
Young scholars examine adjusting and closing entries for a partnership set up as a merchandising business. They participate in a game and online activities, read handouts, complete an outline, and take a quiz.
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Marketing A Restaurant
Pupils simulate the opening and operating of a restaurant using the Four P's of Marketing. Students play the roles of all the people involved in the restaurant business, as well as customers, as they act out various "restaurant" scenarios.
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Bus. Commun.-- Teamwork Activity
Students work together to accomplish a common goal. They investigate office relationships, sexual harassment, office politics, ethics, customer and employee rights, tact, courtesy, and correct business behavior. They connect this...
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Accounting - Analyzing Transactions to Debit/Credit Parts
Students are introduced to how transactions are analyzed with debits and credits. In groups, they complete a T-chart in which the account increases with credits and decreases with debits. To end the lesson, they analyze the various...
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Tobacco Road
Students discuss the meaning of the word economy and and what colonists used to pay for goods when gold and silver were scarce discovering that the people used tobacco for trade. They then divide into groups of four and pretend that the...
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The Dairy Shoppe
Fourth graders examine the dairy industry. In this Social Studies lesson, 4th graders investigate the various products made from milk. Students look at entrepreneurship and independent farmers in the dairy industry.
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Debt and Deficits
High schoolers identify, research and interpret the national debt and deficits of the past through today and why it has risen significantly in the last 20 years. They analyze the size and impacts and discuss the various policy measures...
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"The Father of Lavish Advertising": P.T. Barnum
Students examine the life and work of P.T. Barnum. They discover his advertising techniques and business practices. They examine his use of people with disabilities for amusement.
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America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
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AT YOUR FINGERTIPS
The student will locate countries on a world map from which we import foods that our climate prevents us from growing locally.1. Discuss the term "export." Divide students into groups of four. Give the groups
five minutes to brainstorm...
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The True Cost of Coffee
Young scholars examine the economic, health and environmental risks of being a one-crop country. They explain the risks of relying on one crop. They also identify the factors that resist change.
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
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Emerging Democracies in Eastern Europe and Russia: How Are They Doing?
High schoolers consider the success of democracies in Eastern Europe. In this government systems instructional activity, students research the implementation of democratic practices and rule in the countries of Eastern Europe following...
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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.
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The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
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To Market to Market
Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...
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Micro Economics - Personal Budgeting
High schoolers explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
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Missouri Rice Farming
Sixth graders investigate rice farming in Missouri. In this percentages lesson plan, 6th graders determine how much rice production has increased over time. Students find this number in percentages. Students then figure the percent of...
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The True Cost of Coffee
Students examine the economic, health, and environmental risks of a one-crop economy in the developing world. They explain how or why it can be challenging for people of one culture to understand the lifestyle of a different society.
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Who Makes Your Cereal?
Fourth graders investigate how cereal is produced. In this agricultural lesson, 4th graders discuss where ingredients in cereal come from. Students use picture cards to identify the steps in producing cereal.
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Economics: Incentives, Profit, and the Entrepreneur
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.