Council for Economic Education
Econ Ed Link: Keynes vs. Hayek: The Rise of the Chicago School of Economics
Economic freedom is freedom from government intervention in the production and distribution of goods and services. After World War II, governments were trying to rebuild their economies from the ground up. They looked to the ideas of the...
Council for Economic Education
Econ Ed Link: Money Is What Money Does
Throughout history, a wide variety of items have served as money. These include gold, silver, large stone wheels, tobacco, beer, dog teeth, porpoise teeth, cattle, metal coins, paper bills, and checks. All of these types of money should...
Council for Economic Education
Econ Ed Link: Nafta: Are Jobs Being Sucked Out of the United States?
NAFTA, the North American Free Trade Agreement, went into effect on January 1, 1994. The Agreement phases out most tariffs between the United States, Canada, and Mexico. Tariffs, which are taxes on imports, increase the price of foreign...
Council for Economic Education
Econ Ed Link: New Sense, Inc. Vs. Fish 'Till U Drop or Coase vs. Pigou
Hot debate and arguments galore whirl around this question: "Which economic approach is the most efficient and fair to resolve utility issues surrounding the use of common or public property?" This lesson will explore, examine and...
Council for Economic Education
Econ Ed Link: Production Possibilities Curve
Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...
Council for Economic Education
Econ Ed Link: Why Cities Provide Tax Breaks
Like the state and federal government, local governments offer tax incentives to businesses to help solve economic and/or environmental problems. In this lesson, students will explore three different cities and determine what incentives...
Council for Economic Education
Econ Ed Link: Why Do We Need Money? Think About Ebay!
The students investigate money--its purpose and functions. They complete an exercise, using the online auction site eBay, to learn why money is critical to an economy.
Council for Economic Education
Econ Ed Link: Collecting for Fun . . . And Profit?
Art, baseball cards, coins, comic books, dolls, jewelry and stamps are just a few examples of the many things people collect. While some people collect for fun, others hope to profit. In this lesson, students explore how supply and...
Council for Economic Education
Econ Ed Link: Fiscal Policy
This video teaches the concept of Fiscal Policy. Fiscal policy refers to how government taxing and spending policy can be used to influence the macroeconomy. The website contains an interactive quiz and links for related lesson plans.
Council for Economic Education
Econ Ed Link: The Economics of Professional Sports: Underpaid Millionaires?
Over the last century, professional baseball has grown to become one of the most popular forms of American entertainment. Indeed, the sport's nickname - "America's Pastime" - has become embedded in the nation's lexicon. More than 60...
Council for Economic Education
Econ Ed Link: The Economics of the Family Farm
Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent farm crisis in this lesson.
Council for Economic Education
Econ Ed Link: Was Babe Ruth Under Paid?
This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index, using baseball players' salaries for purposes of illustration. Babe Ruth's salary from 1931 is adjusted to account for changes in the...
Council for Economic Education
Econ Ed Link: What Inefficiencies Lurk in Rent Controlled Housing Markets?
Imagine that you've just graduated from college and have been offered a position with a firm in New York City. You can't wait to start living in your own apartment! Explore the housing market and how it works.
Council for Economic Education
Econ Ed Link: Goods and Services
Click and drag pictures to match each worker with the correct good or service.
Council for Economic Education
Econ Ed Link: Drag and Drop Activity: Goods and Services
Categorize pictures as either goods or services by clicking and dragging them to the appropriate column.
Council for Economic Education
Econ Ed Link: Lean on Me! We Depend on Each Other!
Click and drag each picture to put the steps of producing and consuming a book in the correct order.
Council for Economic Education
Econ Ed Link: Communities: What They Provide for Us
Click and drag the picture of each person the to the job that he or she performs.
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Council for Economic Education
Econ Ed Link: Delivering the Goods
Learn about goods and services by clicking through descriptions of different kinds of workers. Then test knowledge with a matching activity.
Council for Economic Education
Econ Ed Link: Making Cents Out of Centimes: The Euro
Use this intermediate lesson plan to teach your students about the European currency, the Euro. Interactive links take the learner to France where they learn about French money and French culture.
Council for Economic Education
Econ Ed Link: Vincent Van Gogh's Flower Beds in Holland
A simple lesson plan on the concept of opportunity costs or sacrifices. A short quiz on this concept is also provided.
Council for Economic Education
Econ Ed Link: Norman Rockwell's Curiosity Shop
Click and drag to match pictures of situations with appropriate goods or services.
Council for Economic Education
Econ Ed Link: Mystery Workers: Identify the Goods
Click and drag pictures of goods to the correct descriptions.
Council for Economic Education
Econ Ed Link: Where Did All the Money Go? The Great Depression Mystery
Use this lesson plan to have students investigate how the American economy went from boom to bust in the 1920s. Find the resources needed for the lesson as well as important discussion questions for individual and class consideration.