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Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
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The Great Paper Airplane Factory
Learners investigate the economics of starting a business in this series of lessons. They role play parts of a business organization that sells paper airplanes making decisions based on calculations to make the most profitable organization.
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Net Results
Students investigate through role play how decisions by watermen, recreational fisherpeople, and lawmakers influence and are influenced by economics and the abundance or scarcity of fish and shellfish stocks. They consider social,...
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What Caused the Great Depression?
Analyze the many causes of major political, economic, and social developments during the 1920s and 1930s, with emphasis on the Great Depression. Read photographs from the 1920's and the 1930's, then write a brief explanation of what you...
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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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Trial at the Turn of the Century
Students examine and explore various aspects of change at the turn of the century including economic, political, civil and others. Students then locate and analyze various primary sources to write an essay that demonstrates their...
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Track the Path of Coffee From Farm to Store Shelf
Learners investigate the cultivation and marketing of coffee. In this global studies lesson, students consider the connections of the 21st century world as they explore how coffee makes it from farms to their homes. Learners consider the...
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Trade Offs and Opportunity Cost
Students explore the role of government in the economy market. For this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Is the Ruble Becoming Rubbish?
Students analyze the effects of economic turmoil on the Russian economy and relate them to the local economy and their own lives. They trace the ripple effect of a troubled economy from a local business to the rest of the community.
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Fighting for Fair Farming
Young scholars consider various economic terms, examine the impact of subsidies on farmers and other industries, write essays explaining the subsidy process, and illustrate through posters how subsidies affect both domestic and foreign...
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Supply and Demand
Learners define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on...
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Community Treasures (Rivers and Trees): An Integrated Curriculum Unit
Third graders demonstrate an understanding of geography and its effects on lifestyles and culture. Then they apply basic economic terms and principles
and identify the United States government and history. Students also identify and...
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Flight of Today
Students explore the impact air-crafts have on us and how they can be used to glorify God. In this aircraft activity, students discover how the creation of different air-crafts have had an impact on communication, economics, and on...
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It's On Sale
First graders read the book The Great Pet Sale to learn about economics and advertisements. In this economics lesson plan, 1st graders read the book The Great Pet Sale and define related vocabulary words. Students compare prices to find...
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"Grocery Store"
Students purchase grocery items from the classroom grocery store using appropriate play coins and bills. Students define various economic terms. Students comprehend the concept of a medium for exchange.
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Do I Want or Need?
Students explore wants and needs. In this introductory economics instructional activity, students use a "pinch card" to display whether a familiar item is a "want" or a "need". Students listen to the book Alexander used to be Rich on...
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"Let's Make Some Money"
Students complete a project about economics, supply, and advertising. In this advertising lesson, students discuss how money is made, entrepreneurs, and advertising. They make their own business with toys to sell to Kindergartners.
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Poverty and Natural Disasters: Exploring the Connections
Learners explore the connections between natural disasters and poverty. In this economic lesson students examine worksheets and activities for each level.
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Budgeting
Students establish budgeting techniques. In this Economics lesson, students work in small groups to prepare a budget for a simulation activity, purchasing new playground equipment.
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Little House In the Big Woods
Students explore economics by reading classic literature with their classmates. In this farm production lesson, students read the famous story Little House in the Big Woods by Laura Ingalls Wilder. Students complete handouts based upon...
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You Be The Census Taker
Students interpret information from an excerpt of the 1870 U.S. Census and compare that data to economic data they collect about local businesses in their own community. Students then evaluate how closely linked their community's economy...
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Socialist and Market Economies in Tanzania
How did Tanzania transition from a socialist to a market economic system? This challenging group research project has scholars examining the change through these structural adjustment policies: trade liberalization, privatization, cost...
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Economics: Products of South Louisiana
Students explore the economy of Louisiana. In this economics lesson, students examine the roles of farmers, processors, and distributors in food production and consumption. Students use flip cameras to record how selected products are made.
School Improvement in Maryland
Monetary Policy
As an introduction to monetary policy, groups investigate and evaluate the effectiveness of current monetary and fiscal policies on promoting full employment, price stability, and economic performance. They then apply monetary tools...
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