Curated OER
What is Economics?
Students define economics; Explain the importance and process of making economic choices and decisions; Identify the factors of Production; Determine the goal of entrepreneurship. Students identify and describe the difficulties...
Curated OER
Lesson on economic value of education
Students use economic reasoning to analyze both the short-term and long-term benefits and opportunity costs of educational choices, identify incentives that may influence students' career decisions and solve an "economic mystery"
Curated OER
Hopper Hunt: IPM Decision-making in Alfalfa
Students describe migrations and life cycle pattersn of a key alfalfa pest, the Porato Leafhopper. They define the Economic Inquiry Level and Economic Threshold. Students evaluate data in relation to profit as it applies to IPM. They...
Curated OER
Scarcity and Choices
First graders gain an understanding of the scarcity of resources and how it affects the choices that we make in our everyday lives. Students will participate in a variety of activities such as literature analysis, shopping, journal...
Curated OER
Scarcity and Choice
Students participate in a role play as producers of two goods, allowing students to experience scarcity. They make choices about using their scarce resource to produce both or one of two goods. Then they construct...
Curated OER
Popcorn Economics
Students examine the concept of scarcity. In this economics lesson, students define scarcity and take part in an activity that illustrates the concept as it relates to goods and services.
Curated OER
Introduction to Economics
Students discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
Curated OER
Focused Learning Lesson: Economics
High schoolers review and discuss what skills and knowledge they need to make a decision about a career. They take a test to see which career they would most likely fit into.
Curated OER
Making Good Decisions
Students examine the consequences of behaviors and what the concept of trade offs are. In this good decision lesson students read an article and answer questions on making good decisions.
Curated OER
Show-Me Economics
Third graders distinguish between savings and spending. Students graph out a variety of important Economic concepts/vocabulary. They set up an imaginary job to save money and spend money.
Curated OER
Prioritizing National Economic Goals
Eighth graders define the generally accepted list of national economic goals. They discuss the compatability/incompatibility of goals. They participate in a consensus-building exercise to rank economic goals in order of importance.
Curated OER
Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...
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
Food Insecurity
Explore food insecurity and resource scarcity with your class. They discuss the sharing of scarce resources, how to be good caretakers of these resources, and how choices impact the entire world.
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....
Federal Reserve Bank
Diversification and Risk
After being given a portfolio of investments, your young economists will learn how to assess the relative risk of the portfolio's products and understand the importance of diversification, relating these economic concepts to real-life...
Curated OER
The Crash and The New Deal
How did the stock market crash in 1929 when everything seemed to be going so well in the 1920s? Analyze the economic choices of the times that caused the crash and the Great Depressions occur. Hard hitting economics and the policies of...
Curated OER
It's Getting Hot in Here
Discover the environmental and economic impact of global warming. After reading an article, emerging environmentalists identify how different countries are responding to the Kyoto Protocol. They research emission laws and write a news...
Federal Reserve Bank
“Dewey Defeats Truman”: Be Aware of Data Revisions
Discover the impact and importance of data releases about current economic conditions in the United States. Your class members will learn about data revision and the GDP, and how these figures can alter people's views on the economy.
Council for Economic Education
Great Civilizations Develop around Rivers
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
Federal Reserve Bank
Lesson 1: Katrina Strikes
Most families have an emergency kit in their home with flashlights, water, and extra food. But what happens to your money when disaster strikes? An economics lesson focused on the aftermath of Hurricane Katrina in 2005 demonstrates the...
Carolina K-12
Making First Vote Your Vote: Designing a Schoolwide Election
Encourage pupils to design an election plan for the entire school. They participate in a Board of Elections, create polling rules, discuss election controversies, write questions about the issues, run the election through an online...
Practical Money Skills
Budgeting Your Money
How do you make sure that your income doesn't disappear before you have a chance to save it? Use a creative budgeting activity to teach learners in both special education and mainstream classes how to keep track of their expenditures and...
Curated OER
Thinking in an Economic Way
In this economics worksheet, high schoolers respond to 7 short answer questions that challenge them to look at economists as individuals who see people as rational decision makers. As students answer the questions, they should evaluate...