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
Elements of an Economic System
Students review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.
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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.
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...
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Urban Ecosystems 2: Why Are There Cities? A Historical Perspective
Students investigate the importance of food surpluses to the historical development of urban ecosystems.
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Production and Costs
Students discuss the concept of productivity and participate in an activity in which they test their own productivity in making Origami cups. Teams determine how to improve productivity and then discuss factors that influence...
Visa
Kindness Counts: Understanding Charitable Giving
Financial literacy is generally focused on personal spending and saving, but consider an opportunity to talk to your pupils about how charitable giving can also factor into money management and how it can enhance life for both...
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Causes of America's Great Depression
Students identify principal causes of the Great Depression. They analyze causes including a decline in worldwide trade, the stock market crash, and bank failures and explain the legacy of the Depression in American society.
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The True Cost of Coffee
Students examine the economic, health and environmental risks of being a one-crop country. They explain the risks of relying on one crop. They also identify the factors that resist change.
101 Questions
Dandy Candies
Package design is an economic necessity. Young scholars assume the role in an interesting inquiry-based lesson. Given 24 cubic shaped candies to package, they must determine the arrangement that uses the least amount of cardboard to...
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Inflation: Taking Prices Higher
Students examine the definition of inflation and its impact through history. They read and discuss online text, discuss examples of inflation, calculate the prices of various items for different years using an inflation rate of 3%, and...
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What is Economics? An Economic Board Game
Learners learn the fundamental concepts of economics as it relates to government.
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The True Cost of Coffee
Students examine the economic, health, and environmental risks of a one-crop economy in the developing world. They explain how or why it can be challenging for people of one culture to understand the lifestyle of a different society.
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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...
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Economics
Students review economic trends from the past 30 years. They compare and contrast GDP and GNP. They identify other social indicators of economic progress as well.
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Economics Unit I - The Basics
Students describe how demand differs from the quantity demanded, explain what the law of demand states and what demand schedules and demand curves illustrate while studying about economics. Also in retrospect, several writing scenarios...
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Urban Ecosystems 2: Why are There Cities? A Historical Perspective
Second in a series of five lessons, this lesson encourages preteens to consider cities as urban ecosystems. First, they keep a food diary for a few days. They visit the Natrional Agricultural Statistics Service website for current data...
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Little Bees, Big Potential
After reading an article on the alfalfa leafcutting bee, learners chart its characteristics alongside those of the honeybee. Then they draw the leafcutter lifecycle. The article provides fascinating reading when studying the role of...
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the Business of Good Ideas
Students consider economic factors in patenting a new invention. They research an already-patented health product and assess its profitability.
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Microeconomics Study Guide, Part I
In this economics instructional activity, students respond to 38 short answer questions regarding the economic laws of supply and demand and market structure.
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Literacy as a Force in the World
Learners research and compare economic factors and data mining in Nepal. Students look at data to determine how the Nepalese quality of life compares to other countries and predict whether the literacy rate indicates or influences the...
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Capital for Cookies
Fourth graders find the meaning for capital, land, labor and enterprise and relate them to economics of a place. In this economics lesson, 4th graders form a company to make an agricultural product and look for the resources they will...
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Economics Unit 1: Crossword Puzzle
In this economics worksheet, students use the 35 clues in order to fill in the crossword puzzle with the appropriate answers pertaining to economic terminology.
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Production Possibilities & Opportunity Cost
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.