In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss the reconstruction of Afghanistan. Afghanistan's officials say that to create a viable...

This lesson teaches learners about opportunity cost through some steps of buying a house. It also shows students how advertising affects consumer decision-making.

For this lesson, students listen to an audio file about how the growing demand for workers in Iraq in May 2004 affected the job market, and how the effects of low growth in the supply of workers shaped companies' hiring practices and...

Students learn about price-gouging. Using a hypothetical post-disaster example, they will learn more about supply and demand, as well as the complexities associated with price increases in a supply-constrained market.

During his campaign for governor of the State of Minnesota, former professional wrestler Jesse "The Body" Ventura, promised to return to the taxpayers of Minnesota the budget surpluses that had been accumulating in the state. Upon...

Lesson that helps young scholars understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand...

Free Ride helps students identify goods and services provided by the government and evaluate the cost of government provided goods and services.

An interactive page that finds the break-even number of units that have to sell based on the break-even analysis.

Learn how wages are decided for workers with this simulation. Some students act as sellers of labor and some act as the buyers to establish wage rates.

Explore how the distribution of income is influenced by productivity and government policies in this interactive simulation.

Learn how banks are only required to hold a fraction of their deposits in a system known as fractional-reserve banking with this interactive activity.

Use this exchange rate calculator to determine whether the U.S. dollar has appreciated or depreciated against other currencies.

This lesson ask students to calculate the percentage change in military strength over the last two decades, hypothesize economic (and non-economic) explanations for these changes, test hypothetical explanations by reading an economic...

Students use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...

In this instructional activity you will define the term barter and give examples of bartering in several different areas. Find out how this system took shape and was useful to Lewis and Clark. This site is extremely informative and...

This lesson incorporates the folk tale of The Shoemaker and the Elves to teach your students about the concept of capital resources. Lesson contains a link to an animated retelling of this beloved classic. Use it to have students...

Check out this informative site to learn more about life in the colonies before the Revolutionary War. Find out why the colonists had issues with "taxation without representation." "You will work independently and in pairs to learn about...

Explore this website to find out how and why consumers make choices on what products to buy. Learn how producers entice consumers into buying their products. This is a very informative lesson plan.

Check out this informative economics website. "In this lesson, you will learn why some goods are considered to be 'private' goods and others are considered to be 'public' goods." This site contains an interactive activity.

This lesson encourages students to define opportunity cost, determine the the opportunity cost and trade-offs for certain decisions, and select criteria important for decision making.

Use this informative website highlighting the Food and Drug Administration and the role they play in keeping our food safe.

This site has a multi-part instructional activity that explores several aspects of productivity. The site incorporates online resources and activities.

In this lesson students will be able to describe the circumstances around the 1998 NBA players strike, list the incentives that influenced player and owner decisions, and identify the costs and benefits the strike had on various groups.

Go to this site for fun activities and a great lesson on personal choices and specialization. This lesson provides the primary teacher with an excellent opportunity to incorporate a character education lesson on self-esteem, while...