Website
Other

Whatiseconomics.org: Economic Scarcity

For Students 9th - 10th
A brief overview of economic scarcity. Links to other economic-related topics.
Website
Tutor2u

Tutor2 U: Economics: Scarcity and Choices

For Students 9th - 10th
This website offers a simple examination of scarcity, finite resources, and needs vs wants.
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Khan Academy

Khan Academy: Introduction to Scarcity and the Economic Way of Thinking

For Students 9th - 10th Standards
In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...
Article
Khan Academy

Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs

For Students 9th - 10th
An introduction to the concepts of scarcity, choice, and opportunity cost.
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Khan Academy

Khan Academy: Scarcity

For Students 9th - 10th
Practice what you have learned about the role of scarcity in microeconomics, and other basic economic concepts, in this four-question exercise.
Lesson Plan
Council for Economic Education

Econ Ed Link: If I Ran the Zoo Economics and Literature

For Teachers 3rd - 5th
Welcome to the Zoo! In this two-day lesson you will use Dr. Seuss' If I Ran The Zoo book to introduce the economic concepts to your students. You will also get the chance to use actual zoo criteria to help a zoo "choose" new animals.
Study Guide
Ohio Test Prep

Ohio Test Prep: Module 8: Economics Concepts

For Students 9th - 10th Standards
Ohio Test Prep on fundamental concepts teaches about supply and demand, scarcity, and trade. Includes video tutorials, interactive practice and review, and assessment.
Handout
Other

Sukromne Gymnazium: The Study of Economics [Pdf]

For Students 4th - 8th
An introduction to basic concepts in beginning economics.
Website
Other

Foundation for Teaching Economics: Homepage

For Students 9th - 10th
The Foundation for Teaching Economics is committed to excellence in economic education. The Foundation offers free workshops for high school educators and students. This site includes workshop dates, locations, and registration...
Unit Plan
Other

Coursera 1 1.1. Scarcity and Its Implications

For Students 9th - 10th
This module discusses fundamental problem of scarcity challenges us to think about an allocation mechanism to determine what is produced and who consumes it. It discuss scarcity and allocation mechanisms. In this course,the focus is on...
Lesson Plan
Council for Economic Education

Econ Ed Link: Hawaiian Economics: From the Mountains to the Sea

For Teachers 3rd - 5th
Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts shaped like pie slices called Ahupua'a (ah-who-...
Website
US Department of Agriculture

China's Agricultural Water Policy Reforms [Pdf]

For Students 9th - 10th
"This report documents the problem of water scarcity in parts of northern China and describes China's agricultural water management policies as well as reforms underway to encourage water conservation." (USDA) (PDF Format)
Unit Plan
Khan Academy

Khan Academy: The Production Possibilities Frontier

For Students 9th - 10th
The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and...
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Other

Mcwdn: Needs and Wants Quiz

For Students 2nd - 5th
Answer five questions about needs and wants to test knowledge about this basic economic principle.
Activity
Council for Economic Education

Econ Ed Link: The Perfect Pet

For Students Pre-K - 1st
Consider the economic concept of scarcity while selecting items to buy at a pet store.
Lesson Plan
Council for Economic Education

Econ Ed Link: The Mitten

For Teachers K - 1st
This is a folktale retold by Jan Brett about a little boy whose grandmother knits him a pair of snow-white mittens. While the boy is outside playing, he loses one of the mittens and some animals find it and move thinking that it looks...
Lesson Plan
Alabama Learning Exchange

Alex: Writing Roulette: Walmart Sells Everything!!!

For Teachers 9th - 10th Standards
As a part of the study of Economics, the young scholars will cooperatively write an essay using terms associated with the basics of economics. In cooperative learning groups of four students will use a word list and prior knowledge to...
Lesson Plan
Council for Economic Education

Econ Ed Link: Production Possibilities Curve

For Teachers 9th - 10th
Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Right Job for the Tortoise and the Hare

For Teachers Pre-K - 1st
This entertaining lesson teaches your primary students about the value of specialized labor within a community, via The Tortoise and The Hare. This classic story also reinforces character education values of respect and friendship....
Article
Khan Academy

Khan Academy: Lesson Summary: The Production Possibilities Frontier

For Students 9th - 10th
Production Possibilities Curve (PPC) also called a Production Possibilities Frontier)is a graphical model that represents all of the different combinations of two goods that can be produced; the PPC captures scarcity of resources and...
Lesson Plan
Federal Reserve Bank

Federal Reserve Bank of St. Louis: Monster Musical Chairs [Pdf]

For Teachers Pre-K - 1st
A lesson plan based on the book, Monster Musical Chairs, by Stuart J. Murphy. Students learn, through a game of musical chairs, that any supply of goods is limited and not everyone's wants will necessarily be met.
Lesson Plan
Other

The Energy Game: Finding Energy Resources [Pdf]

For Teachers 3rd - 8th
This energy classroom game focuses on energy sources. Students learn that energy, the environment, and economics are closely tied. During the course of the game students discover the concepts of scarcity, opportunity cost, net energy...
Lesson Plan
Council for Economic Education

Econ Ed Link: You Can Bank on This! (Part 2)

For Teachers 3rd - 5th
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Lesson Plan
Council for Economic Education

Econ Ed Link: Trade to the Tailor: Student Version

For Teachers 3rd - 5th
Students can use this site online in conjuction with the teacher's lesson plan, "Trade to the Tailor."