Curated OER
Production Possibilities & Opportunity Cost
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
PBS
The Housing Crisis: GDP, Housing Bubble, Recession
Secondary pupils examine the housing bubble and the 2008 and global economic crisis. Defining GDP and GDP growth, recession, and bubbles, young economists debate what makes a bubble and how housing can be an economic indicator. Small...
Curated OER
Economics
Third graders write about a time they have experienced supply and demand affecting price. In this economics instructional activity, the students define basic economic words, then the teacher introduces a real-life example of supply and...
Curated OER
Economics Quiz
In this economic worksheet, students answer 55 multiple-choice questions. Most of the questions are microeconomic in nature but there are macroeconomics questions as well.
Curated OER
Teaching Economics Using LUNCH MONEY
Students, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if the...
Curated OER
Shopping-Unit Pricing
Comparing unit prices of food products is a skill that learners will use for the rest of their lives. Here is a simple plan that provides practice calculating the unit price for various grocery store products. Use two jars with differing...
Curated OER
Bud the Spud Moves West
As part of a unit on Canadian agriculture, this focuses on how potato farms have increased in the west. Pupils participate in a discussion about the impact of consumer demand on production, and then they read an article about potato...
Council for Economic Education
Athens and Olive Oil
Athens had olive oil—and lots of it! However, it needed wheat from the Egyptians. Understanding how societies get what they need through advantage and trade can be complicated. A scripted role-play exercise and in-class production...
Curated OER
Gross Domestic Product in the Real World
High schoolers gain knowledge of Gross Domestic Products and how they are used as an economic indicator. They bring articles that mention GDP and decide how it is used in articles. Students present orally their findings to the class.
Council for Economic Education
Specialization and the Decathlon
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...
Practical Money Skills
Making Decisions
Money represents decisions: spending decisions, saving decisions, and investing decisions. Encourage young adults to think about the decisions they make with their money in a three-day unit about personal finance, consumer spending, and...
Curated OER
Economics and Literature
Students discuss capital resources and the types of machines their families use at home. They discuss how these machines increase productivity, and how these concepts connect to the law of demand and capital invention.
Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
Curated OER
Consumer Price Index Worksheet
In this economics worksheet, students respond to 2 problem solving questions regarding production and the consumer price index.
Curated OER
Consumer Price Index
In this economics activity, students respond to 2 problem solving questions regarding production and the consumer price index.
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
Curated OER
It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
Curated OER
The National Economy - Measures and Models
Students review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.
Curated OER
Virtual Field Trip
Are we there yet? Young trip planners learn about their state and plan a trip. They will select sites to see in three cities in their state, and record associated costs in a spreadsheet. While this was originally designed as a...
Curated OER
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
Curated OER
And You Thought Gasoline Was Expensive!
Students carry out a cost analysis. In this comparative math lesson, students compare the cost of equal measures of gasoline to mouthwash, house paint, fruit juice, white-out, and other liquids.
Curated OER
Small Appliances Unit
An informative, but not particularly academic, unit about how to use a variety of kitchen appliances. Information about each appliance is given in a handout, as well as instructions for use and a few comprehension questions. This set of...
Curated OER
Farmers Dilemma
Students investigate the "futures" market and how it affects farmers by completing a prediction activity utilizing bags of M&Ms. While completing this activity, students practice basic mathematics skills and reinforce economic terms.
Curated OER
The Journey of a Banana
To investigate the price of bananas in order to evaluate basic counting and number sense skills, your mathematicians focus upon multiplication and problem solving that incorporates social studies in the form of building awareness about...