Curated OER
Market Basics: Demand, Supply, and Price Determination
Learners 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...
Curated OER
Economic Reasoning: Why Are We A Nation Of Couch Potatoes?
Students examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.
Curated OER
PRODUCTION, CONSUMPTION, AND INCENTIVES
Fifth graders design a web page. They include features he or she would typically like to see when visiting web pages. They title the topic of the web page "Features That Make a Great Web Site." They explain that there are incentives...
Curated OER
The Economics of Voting
Students examine the voting behavior of people during a presidential election to determine costs and the benefits of voting and how this behavior is influenced by incentives.
Curated OER
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.
Curated OER
Incentives Matter
Learners identify what motive people. They will learn about both positive, and negative incentives. They will use this knowledge to make predictions about how people will behave. They will apply this knowledge to economics.
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Council for Economic Education
Timing Is Everything
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
Council for Economic Education
Tapped Dry: How Do You Solve a Water Shortage?
Students, after evaluating different allocation methods for water, determine the costs and benefits of each method.
Curated OER
Give and Take
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...
Curated OER
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.
Curated OER
Cost Effective Buying
Students complete a worksheet that asks them to calculate the true energy cost of various appliances. They compare appliances with energy saving features, rebates and other economical incentives.
Curated OER
Is the Tassle Worth the Hassle?
Students analyze the costs of college education. In this economics lesson, students discuss the concept of opportunity cost as it relates to obtaining a college degree to secure a job.
Curated OER
What's In It For Me?
Learners analyze the costs and benefits that are involved with owning a business. They create their own decision making grid and identify their trade-offs. They also identify the opportunity costs involved in owning their own business.
Curated OER
How Can Big Business Make Money From Tariffs?
High schoolers explore the concept of the rise of big business in the United States. In this economics lesson, students investigate the impact of tariffs on businesses. High schoolers also investigate the impact that incentives have on...
Curated OER
The Economic Way of Thinking - About Everything
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.
Curated OER
Lesson 11: Lowell Workers and Producers Respond to Incentives
Students explore concept of supply and demand and how changes in supply affect price and quantity of goods.
Curated OER
Choice, Opportunity, Cost and Decisions
Pupils 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.
Curated OER
Is Capitalism Good for the Poor? | How Incentives Affect Innovation
Learners focus on the role played by a nation's institutions in generating creativity, invention and innovation, and analyzes how innovation promotes the economic growth that raises standards of living and alleviates poverty.
Curated OER
Inflation and Money
Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.
Curated OER
Starting Your Own Business
Fifth graders read a book and complete several correlating activities to learn how to start their own business. For this economic and math lesson, 5th graders read the book The Toothpaste Millionaire. Students define the term...
Curated OER
Is the Tassel Worth the Hassle?
Students examine the short and long term benefits of educational choices. They investigate incentives that influence student's career choices and solve and economic mystery using a web tool.
Curated OER
Economic Goals and Measuring Activity
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish....
Curated OER
Ask Not What Your Government Can Do For You...Why Not?
Pupils explore tax incentives that are available for businesses to locate or expand their operations. They discuss reasons entrepreneurs should be aware of the governmental incentives that are available.