Curated OER
Price Elasticity of Demand
A series of economic activities should keep your class busy for a while. Six different worksheets review the concepts of price elasticity, demand, and U.S. economics. Multiple real-world applications and scenarios house each of the ten...
PBL Pathways
Maximizing Movie Revenue
Can theaters increase profits by raising or lowering ticket prices? Using data from the National Association of Theater Owners, classes consider this question. The project-based learning activity includes both a profit and revenue...
Federal Reserve Bank
Choices Are Everywhere: Why Can’t We Just Have It All?
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics.
Curated OER
The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a instructional activity that focuses on...
Radford University
Movie Projector Cost
Small groups analyze the attendance at a movie theater and determine the amount of money made for per show. Team members calculate the number of shows it would take for a theater to make a profit after purchasing a new digital projector....
Curated OER
Finance and Accounts 1: Basic Principles
Young scholars distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
Curated OER
Cost and Revenues
Students develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
Curated OER
The REAL Cost of College
Students explore the cost of college and how to plan and save. In this money management lesson students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and how they apply to...
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
PBL Pathways
Cell Phones
Calling all subscribers! Model revenue based on individual cell phone subscribers. The project-based learning activity presents a challenge to scholars from a cell phone company. Individuals model data provided to them from the company...
Radford University
Business Ownership
Let's learn a little bit about business! Given information about a t-shirt company, young mathematicians explore the revenue, costs, profits, and future sales. They develop mathematical models for these quantities using linear,...
Curated OER
Costs and Competitive Market Supply
In this economics worksheet, students are presented with tables and diagrams for a fictitious company, then must answer questions, solve problems, plot and label graphs, and make predictions based on information provided.
Museum of Science
Cookie Mining
Knock a chip off the cookie. Learners purchase a property to mine and mining tools. Pupils use their tools to mine chocolate chips out of a cookie for 5 minutes and return cookie fragments to its original site. After the time is over,...
Curated OER
An Introduction To Perfect Competition
In this economics activity, students complete a series of activities about how businesses operate and how their operation affects society. Business costs and revenues are considered as students answer 24 multi-step questions in the packet.
Curated OER
COULD YOU START A BUSINESS?
Students learn how a business starts and finds financial independence. In this lesson plan, students learn the struggle of financial management, the costs of running a business and how to keep a budget.
National Research Center for Career and Technical Education
Break-Even Point
How do companies determine the prices of their products? Marketing maestros discover the concepts of cost and break-even point through discussion, independent practice, and a collaborative assessment. The career and technology-oriented...
PBL Pathways
Solar Toasters
Help a company maximize their profits! A detailed project-based learning activity examines two production scenarios. Your young scholars write a linear demand function. They then apply the function to develop a revenue, cost, and profit...
Curated OER
The Cost of War
Students view a video clip about the cost of war. They discover what goes into paying for a war. They examine the need for a budget in the government. They read a news story about this topic as well.
Curated OER
Calculating the Cost of a "Sound Basic Education"
Young scholars state their opinions about school funding and the use of monetary resources by school districts and use reasons, facts, and examples to support their ideas. They compare sets of data related to school funding and draw...
College Board
2000 AP® Microeconomics Free-Response Questions
Monopolies may have an advantage in some markets, but what are they? A scaffolded problem set examines the effects monopolies have on a market. Other authentic College Board problems examine labor markets and how a variety of factors...
Curated OER
Pure Monopoly
In this Pure Monopoly worksheet, students complete a table and graphs, make calculations and predictions, and answer several questions in short answers.
WindWise Education
When is a Wind Farm a Good Investment?
When will a wind farm pay for itself? Individuals calculate the anticipated annual revenue for two proposed wind farms. By comparing the number of years it takes to pay back the initial investment, they determine which site makes the...
Curated OER
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...
Centennial College
Break-Even Analysis Worksheet
In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...