Federal Reserve Bank
Little Nino's Pizzeria
Engage your youngsters in basic economics by connecting the terms to dessert and pizza! After a discussion about intermediate goods and natural resources, learners read and connect a pizzeria to economic terms.
Rice University
Principles of Macroeconomics for AP® Courses 2e
The informational textbook covers topics like supply, demand, price ceilings, and markets for goods and services. Scholars also review vocabulary and test their knowledge of the material with the assessments provided within the resource.
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...
Rice University
Principles of Microeconomics for AP® Courses 2e
An informational textbook covers key principles related to microeconomics, such as consumer behavior and using models to understand economic issues. Young scholars also complete self-check questions at the end of each section to check...
Curated OER
Cartoons in the Classroom: Economic Blame Game
Two political cartoons grace this critical analysis activity. Several very good discussion questions and points to consider, could make this an interesting start to any US Government class. Prepare upper graders for identifying...
Curated OER
Economic Decisions
Learners practice decision-making skills by planning vacation, including all proposed expenses. Students distinguish between needs and wants, identify difference between goods and services, and describe economic resources used in...
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
Economics and emissions
Eighth graders produce a manufactured good and monitor energy consumption. In this Math activity, 8th graders practice their basic math and accounting skills. Students participate in a business simulation.
Curated OER
How Economic Systems Developed
Students explain the basic functions of the various economic systems. As a class, they identify the main characteristics of capitalism and the advantages of division of labor and specialization. They describe the relationship between...
Curated OER
Economics 11 Worksheet
In this economics practice instructional activity, students distinguish goods and services from one another. Students also respond to 10 questions about supply and demand.
Curated OER
Economic Community
Fourth graders assume different jobs of a community and understand the terms goods, services, producer, and consumer. In this community lesson plan, 4th graders answer short answer questions to show their knowledge of the terms.
Curated OER
Public Goods and Common Resources
In this economics worksheet, students respond to 3 short answer questions and complete a graphic organizer about public goods and common resources.
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
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...
Curated OER
Country Economic Organization
Eighth graders research the economic systems and organization of another country. They prepare a PowerPoint presentation for the class showcasing their findings.
Curated OER
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...
Curated OER
Introduction to Economics
Students demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from personal...
Curated OER
Producers of Goods and Services
Students use newspapers to brainstorm a list of the producers of goods and services in their community. In groups, they organize coupons based on the good or service and create a chart to organize the information. They discuss the...
Curated OER
Goods for You!
Students define "goods" and "services" and identify examples of both. They read farm books and discuss what we use from animals and plants on a farm. They observe the Wisconsin quarter reverse and locate Wisconsin on a map.
Curated OER
Taxi: A Book Of City Words
First graders engage in a literature study that helps them to focus on the concepts of goods and services. They describe the various skills people may need at home, school, and work. Students create a map of businesses found in the city.
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
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
2nd Grade Social Studies
Having a basic understanding to how our economy works is a great way to help students understand the world around them. This Social Studies presentation focuses on defining the concepts of trade, goods, service, wants, needs, and...
Curated OER
The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...