Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Sharp School
Real Life Economics 101
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.
Curated OER
Economics Study Guide
Use this resource as a basic review of economic principles. There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more.
Curated OER
Chapter 17: Economic Growth and the New Economy
Is economic growth necessary to remain a relevant world power? These slides discuss the definition and implications of growth economics, complete with global comparisons and ways to account for growth. Graphs and charts are easy to read...
Federal Reserve Bank
The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?
How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in the United States.
Federal Reserve Bank
Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
Curated OER
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...
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
Curated OER
Centuries of Economic Growth: From Feathers to Robotics
Students read scenarios about the production of Bibles over five historical time periods. Working in small groups, students create skits and develop a retrieval chart that is used to analyze factors that impact economic growth.
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Council for Economic Education
China - Where Will They Fit in the World Economy?
Teach scholars why China is so crucial to global economics through an informative resource. Activities include using databases to search for information, watching a video or listening to a podcast, and reading about China's economy as a...
College Board
2004 AP® Macroeconomics Free-Response Questions Form B
A problem set explores how an international crisis could affect the economic health of Canada using authentic materials from College Board. Other questions ask learners to create and evaluate supply and demand curves and examine factors...
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
Products, the Environment and Consumer Choices
High schoolers review the factors of production and how they are used to make the products they buy. In groups, they participate in different scenerios in which they discover the amount of power they have to affect change buy purchasing...
Curated OER
The Economics of Health Care
Health care is an industry that impacts every American. Study the economics behind the Health care industry in the US with this supplementary presentation. Intended for use with a McGraw-Hill textbook, these slides will help upper...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Curated OER
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.
One Hen
Making Choices
When choosing what foods to eat, there are a lot of factors to consider. To help make the decision a little easier, young learners work in small groups developing short plays, stories, or advertisements that address the different issues...
Education Fund
Fear the Scarce Resources
In a life or death situation, what resources would you choose to survive—and why? A zombie attack simulation teaches learners the concepts of scarcity and resources in regards to economics. The hands-on activity requires individuals to...
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
What is Economics? An Economic Board Game
Students learn the fundamental concepts of economics as it relates to government.
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...
College Board
2015 AP® Macroeconomics Free-Response Questions
Currency exchange is a big factor in governments making economic decisions. Scholars consider various scenarios to evaluate how factors such as interest rates and private investments would affect a nation's economy using a practice test...