Curated OER
The Future of China's Economic System
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...
Curated OER
Economy Introduction: Jack and the Bank Stock
Third graders explore the functions of money. In this economics lesson, 3rd graders read Jack and the Beanstalk to discover the three main functions of money.
Curated OER
Curiosity Shop
First graders simulate shopping for needs and wants. In this money lesson, 1st graders examine Norman Rockwell's painting "Curiosity Shop." Students role-play shopping in a store and making purchases.
Curated OER
Thinking About Money and Goals
Students explore the concept of buyer's remorse and impulse spending. In this buyer's remorse and impulse spending lesson, students discuss times that they have purchased an item through impulse spending or had buyer's remorse. Students...
Council for Economic Education
Econedlink: Scarcity Video and Quiz
This video teaches the concept of Scarcity and includes a quiz. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist. [1:13]
Council for Economic Education
Econedlink: Roles of Government
This video teaches the concept of Roles of Government. Some roles of government include protecting the environment, helping the poor and providing national defense. The website contains an interactive quiz and links for related lesson...
Council for Economic Education
Econedlink: Elasticity of Demand Video and Quiz
This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much quantity demanded will change in response to a change in price. The website contains an interactive quiz and links for...
Council for Economic Education
Econedlink: Demand
This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good or service that consumers demand. The website contains an interactive quiz and links for related lesson plans.
Council for Economic Education
Econedlink: Economic Growth Video and Quiz
This video teaches the concept of Economic Growth. Economic growth refers to the ability of the economy to increase its total real output or real GDP, or its real output per person. The website contains an interactive quiz and links for...
Council for Economic Education
Econedlink: Business Cycles
This video teaches the concept of Business Cycles. The pattern in which economies have periods of recession and then also periods of economic expansion or recovery is known as the business cycle.
Council for Economic Education
Econedlink: Trade, Exchange and Interdependence
This video teaches the concept of Trade, Exchange and Interdependence. People do not make everything that they and their family use: that is, they do not grow all their own food, sew their own clothes, build their own house and provide...
Council for Economic Education
Econedlink: Markets and Prices
This video teaches the concept of Markets and Prices. A market refers to a group of buyers and sellers for a given good or service. The price is the amount of money needed to buy a particular good or service. The website contains an...
Council for Economic Education
Econedlink: Supply
This video teaches the concept of Supply. Supply refers to a relationship between price and the quantity of a good or service that firms are willing to produce. The website contains an interactive quiz and links for related lesson plans.
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
Council for Economic Education
Econedlink: Price Ceilings and Floors Video and Quiz
This video teaches the concept of Price Ceilings and Floors. A price ceiling is a legally established maximum price while a price floor is a legally established minimum price. The website contains an interactive quiz and links for...
Council for Economic Education
Econedlink: Government Failures/public Choice Analysis
This video teaches the concepts of Government Failures and Public-Choice Analysis. In the real world, government failure may occur so that government decisions do not represent the majority. Public-choice analysis is the branch of...
Council for Economic Education
Econedlink: Balance of Trade and Balance of Payments
This video teaches the concepts of Balance of Trade and Balance of Payments. The balance of trade is calculated by subtracting imports from exports. The balance of payments includes payments related to exports and imports of goods;...
Council for Economic Education
Econ Ed Link: Should I Use Cash or Credit?
This is a lesson presented by EconEdLink that delivers the dilemma of cash or credit. Includes background information, a problem-solving grid, and great questions.
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)
Use this EconEdLink intermediate lesson to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in the...
Council for Economic Education
Econ Ed Link: A Penny Saved Is a Penny at 4.7% Earned
This is a lesson from EconEdLink where learners learn about saving money. Includes activities and materials.
Council for Economic Education
Econ Ed Link: Be an Ad Detective
Every day, students are bombarded by advertising. They cannot escape it. But marketers realize that many ypung people are becoming very good at tuning ads out. Businesses thus are becoming more creative in their communication with...
Council for Economic Education
Econ Ed Link: Transportation: They Say We Had a Revolution (Part 1)
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons, the...
Council for Economic Education
Econedlink: Economic Forecasting: Web Quest (9 12)
How do economists make their forecasts about the United States economy? This lesson plan uses the Internet to retrieve up-to-date key economic statistics which will provide valuable hints about the state of the future economy.
Council for Economic Education
Econ Ed Link: Money Doesn't Grow on Trees
This lesson plan helps students distinguish between earned and unearned income by identifying methods for getting money.