Lesson Plan
Council for Economic Education

Econ Ed Link: You Can Bank on This! (Part 2)

For Teachers 3rd - 5th
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Lesson Plan
Council for Economic Education

Econ Ed Link: Education: Weigh Your Options

For Teachers 9th - 10th
Getting and keeping a job often requires special education or training. While an employer may provide or pay for some additional education or training, workers often have to obtain it on their own. In this lesson plan, learners use a...
Lesson Plan
Council for Economic Education

Econ Ed Link: Paraffin Alia

For Teachers 3rd - 5th
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, or the...
Lesson Plan
Council for Economic Education

Econ Ed Link: All in Business

For Teachers 6th - 8th
This lesson plan on entrepreneurship can be used to help students understand what innovations are, and what it takes to get an idea off the ground. This lesson plan will take students through the process of calculating risks associated...
Lesson Plan
Council for Economic Education

Econ Ed Link: What Do Other People Want to Be?

For Teachers K - 1st
In this lesson, young scholars will graph people's job choices and identify which jobs would have the most competition based on the data.
Lesson Plan
Council for Economic Education

Econ Ed Link: Everyday Opportunities

For Teachers K - 1st
In this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the actual lesson is short.
Lesson Plan
Council for Economic Education

Econ Ed Link: Car Loan Project

For Teachers 9th - 10th
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...
Lesson Plan
Council for Economic Education

Econ Ed Link: Opportunity Cost

For Teachers 9th - 10th
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Lesson Plan
Council for Economic Education

Econ Ed Link: Business Ownership: The Franchise Option

For Teachers 9th - 10th
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...
Lesson Plan
Council for Economic Education

Econ Ed Link: No Extra Room on the Mayflower

For Teachers K - 1st
The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will then pack a virtual suitcase making good choices about what they pack.
Lesson Plan
Council for Economic Education

Econ Ed Link: Break a Leg

For Teachers 9th - 10th
In this instructional activity, students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Best Deal

For Teachers 3rd - 8th
Students will learn how to determine 'price per unit' to help make decisions when comparing products.
Lesson Plan
Council for Economic Education

Econ Ed Link: Be an Energy Saver

For Teachers 9th - 10th
This activity focuses on the scarce and non-renewable nature of fossil fuels in order to stimulate student thinking about energy conservation. It emphasizes the fact that saving energy can be good for the wallet as well as the earth's...
Lesson Plan
Council for Economic Education

Econ Ed Link: Believe It or Not?

For Teachers 3rd - 8th Standards
This lesson reveals to students how advertisers use words and images to make goods and services look their best. To protect consumers and make sure that competition among sellers is fair in the marketplace, the federal government...
Lesson Plan
Council for Economic Education

Econ Ed Link: Clipping Coupons

For Teachers K - 1st
In this lesson, students will calculate savings for different products when using coupons. They will also decide what factors will influence the choices they make when choosing products.
Lesson Plan
Council for Economic Education

Econ Ed Link: Guess Who's Coming to Dinner

For Teachers 9th - 10th
This lesson introduces regulation and information as two tools used by government to promote fair competition and complete information in a market economy. Using the 1906 Pure Food and Drugs Act as a case study, students explore the...
Lesson Plan
Council for Economic Education

Econ Ed Link: Destination: Mars

For Teachers 3rd - 5th
Look up! Can you ever imagine standing on another planet and looking down at earth? We've been to the moon - now lets launch an expedition to Mars. Imagine all the preparation you will have to go through in order to have a safe and...
Lesson Plan
Council for Economic Education

Econ Ed Link: Production Possibilities Curve

For Teachers 9th - 10th
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...
Lesson Plan
Council for Economic Education

Econ Ed Link: Country Mouse Makes a Decision! (Student Version)

For Teachers Pre-K - 1st
Use this site to teach your primary students how to identify the costs and benefits of making a decision. Animated link to the story, Country Mouse Makes a Decision, makes this an entertaining and educational economics activity.
Lesson Plan
Council for Economic Education

Econ Ed Link: No Extra Room on the Mayflower

For Students Pre-K - 1st
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Lesson Plan
Council for Economic Education

Econ Ed Link: Dumptown, Usa: Making a Ton of Difference

For Teachers 6th - 8th
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Lesson Plan
Council for Economic Education

Econ Ed Link: Booker T. Washington:"fifty Cents and a Dream"

For Teachers K - 1st
Young Booker T. Washington had a dream. That dream was to use the resources at his disposal to earn the money necessary to get an education that would allow him and others to become financially secure. This lesson based on the picture...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Voting

For Teachers 9th - 10th
Since the 1960s, many Americans eligible to vote have not bothered to do so- not even in presidential elections. Low rates of participation in voting have been worrisome to people interested in preserving our democratic traditions....
Lesson Plan
Council for Economic Education

Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 2)

For Teachers 9th - 10th
In Part II of this lesson, young scholars will have the opportunity to complete an interactive exercise that will take them on a historical tour of the stock market from 1920 until just after WWII. Students will learn the difference...