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Measuring Economic Success
Students are introduced to the Gross Domestic Product and what this number tells us about the economy of the United States. In groups, they discuss what constitutes a healthy society and if the GDP is an accurate representation. They...
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Trade Offs and Opportunity Cost
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Third Grade Economics
In this economics worksheet, 3rd graders answer questions about crops, natural resources, prices of items, and more. Students complete 20 multiple choice questions.
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A Royal Wedding: Facts, Figures and Basic Economics
The upcoming royal wedding can lead students on an exploration of economics and finances.
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Africa: Economics And Change
Learners examine the gold-mining industry in Africa. In this geography skills instructional activity, students watch "Africa: Economics and Change," investigate the challenges of working in mines, research attributes and production of...
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America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
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Lesson 9: Tracking Commodities
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
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The Business of Agriculture
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
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The Foundation of Economics
This is a one-stop shop as an introduction to Economics; review 53 slides covering the basics of most economics principles with images and instructor notes. Journey from Adam Smith and the foundation of modern economics to concepts such...
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How Can Entrepreneurs Control Costs?
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
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How Can Entrepreneurs Control Costs?
Students calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....
Council for Economic Education
Athens and Sparta-Imagine the Possibilities
Both Athens and Sparta made choices to survive in ancient Greece. Those choices were, in essence, economic ones about how to direct resources. A Venn diagram activity and reading ask class members to examine the connection between...
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Ten Mile Day
Get your class working on the railroad with this detailed and interactive lesson. After reading and discussing Ten Mile Day, learners explore division of labor, human capital, and productivity with a hands-on group activity in which they...
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Comparative Advantage and Gains from Trade
Using a formula and several economic scenarios, learners answer six problem solving questions and finish a graph. They will use this activity to better understand comparative advantage and economic gains made through trade.
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Pricing Your Craft Worksheet
This cross-curricular activity could be used to teach economics, business, practical math, and more. Learners pretend they are craftspeople and choose a craft to market. Using a graphic organizer and provided models, class members...
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The Roaring Twenties
Let's take a look back at America during the 1920s and 1930s. Information regarding the economics in the 1920s that led to some of the issues during the 1930s are covered using text and images. Learners will consider economic booms,...
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Buying and Selling: Getting Cherries into a Pie
Kids keep score as they take on the roles of buyers and sellers in an agribusiness introduction. They play the game for five rounds, each round is made different by having a new economic element added, a discussion follows. Everything...
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Pollution or Prevention?
Students examine potential contamination on the environment due to products and by-products of a new industrial process. Students conduct a lab that explores the economic differences between choices of pollution cleanup and prevention.
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Supply and Demand: Ch 3
Economic supply and demand based on comparative data is the topic of this work packet. Intended for learners in grades twelve or higher, this set of exercises will challenges them to use their data analysis skills in a real-world...
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Fast Food Tomatoes
Here is a fantastic reading passage and discussion question to challenge your advanced learners. They read a passage describing arguments against the mass production of tomatoes for fast food resulting in poor treatment of workers. Then...
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Economics: Actions of Government
Students examine the susceptibility of legislators to agricultural lobbyists to support subsidy programs. In small groups, they role-play as members of interest groups that might be affected by inflation.
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Economics for Leaders Performance Assessment
Learners participate in a scenerio in which they are assessed on the material in previous lessons. In groups, they prepare a presentation based on their solutions to the given problem. They develop their critical thinking skills applying...
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Homer Price
An engaging and unique lesson that combines literature and economics is here for you. In it, learners read the short story, "The Doghnuts" found in the book Homer Price. Pupils define "capital resources," and utilize a worksheet...
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FRED in the Classroom: Measures of Inflation
Don't just tell class members about how to measure inflation, have them experience it firsthand by asking them to work with real data and construct graphs!