Council for Economic Education
Satisfaction Please! (Part 2)
Simply understanding consumer rights may not help people solve their problems. Understanding who to turn to becomes key in many different scenarios. Teach the value of various organizations that fight for consumer rights through...
Council for Economic Education
Satisfaction Please! (Part 1)
The topic of consumerism seems easy to those who participate actively in the US economy, but pupils who are new to economics may see the idea as foreign. Help them understand their rights as consumers and what to expect when interacting...
Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
Council for Economic Education
You Can BANK on This! (Part 2)
This is part two in a four-part instructional activity on banking and personal finance. In this instructional activity, learners analyze whether or not they have made a good purchase, then discuss how to make an informed decision about a...
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 lesson that focuses on OPEC and...
Council for Economic Education
Satisfaction Please! (Part 3)
Understanding the US government's role proves very important in the American economy, especially for consumers. Scholars learn about how varying government agencies help them when facing an issue. The third and final resource in the...
Council for Economic Education
Banks and Credit Unions (Part 1)
Imagine you have money you want to save ... where do you put it? Pupils investigate the similarities and differences of banks and credit unions as they determine where exactly to place their hard-earned money. Through a WebQuest,...
Curated OER
Preparing a 1040EZ Income Tax Form
What do you do at the end of the year when your W2 arrives? File a tax form! Show learners how they to can fill out a basic 1040EZ tax form and play their part as tax paying citizens. Monetary denominations are provided for filling out...
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...
Council for Economic Education
Preparing a 1040EZ Income Tax Form
Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...
Council for Economic Education
Jokes, Quotations, and Cartoons in Economics
Humor offers a great tool teach the basics of economics to scholars via video clips, satire, and political cartoons. Individuals create their own economic humor to present to the class—with the assistance of Daryl Cagel's online...
Council for Economic Education
Loan Amortization - Mortgage
When you buy a home for $100,000, you pay $100,000—right? On the list of important things for individuals to understand, the lesson presents the concept of interest rates and loan amortization using spreadsheets and online sources....
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
Council for Economic Education
Calculating Simple Interest
How much is owed? A calculated resource introduces the simple interest formula with a video that describes how to use it. Classmates then show what they know by answering questions within a simple interest worksheet.
Curated OER
Focus on Economic Data: US Real GDP Growth, August 26, 2011
Young economists answer a series of critical thinking questions as they analyze real data that shows GDP Growth. They examine the provided charts, read through the background information, and discuss changes that occurred in the third...
Curated OER
Understanding the Debt Ceiling Debate and the Budget Control Act of 2011
Upper graders listen to a podcast on the EconTalk website featuring economist Keith Hennessey. The podcast focuses on the Budget Control Act of 2011, the national debt, and government spending. They read specifics about the BCA, then...
Curated OER
Focus on Economic Data: US Employment and the Unemployment Rate, March, 2012
Read all about the various types of unemployment and the United States is are currently at the low-point of an unemployment cycle. Kids examine what economic factors affect the unemployment rate, and what data shows for different US...
Council for Economic Education
FRED and the Federal Budget Interactive Lesson
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...
Council for Economic Education
What Makes an Entrepreneur?
What do the founders of Wendy's and Virgin Airlines have in common? They are both entrepreneurs! Key definitions and case studies help learners brainstorm their own definitions of what it takes to succeed in business. A series of...
Council for Economic Education
New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou
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...
Council for Economic Education
The Role of Government: The Federal Government and Fiscal Policy
Give learners a crash course in balancing the books on the United States federal government level with an economics and government resource. Class members engage in a warm-up discussion and brainstorming session before answering...
Council for Economic Education
I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
Council for Economic Education
A Lesson on the Supply and Demand of Toy Fads
Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...
Council for Economic Education
Specialization and the Decathlon
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...