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.
Curated OER
Economics: Supply, Demand & Personal Finance
In this Economics/Personal financial literacy worksheet, students use USA Today to find article, photos, charts, or graphics related to events that are affecting the prices of different products and services. Students answer questions...
Curated OER
Kids Are Consumers Too
Students investigate a chosen product. They use television, radio, print, and internet sources to investigate how the product is advertised. Students create a market research survey to determine which brand is preferred by their peers...
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
Debt: Who Does it Affect?
Debt is a topic that affects everybody: the community, the nation, and the entire globe. Kids take charge of debt by designing a project that informs those in their community about good financial choices, keeps personal debt low, and...
Curated OER
Developing, Developing, Developed!
Learners differentiate among and explain various levels of economic development around the world. They see that levels of economic development vary greatly in different countries according to many different measures.
Curated OER
Consumerism Scavenger Hunt
Students explore consumerism. In this economics lesson, students work with a partner to complete an Internet Research consumer scavenger hunt. Students discuss information collected and conflicting answers to various questions.
Curated OER
Meet Kit: An American Girl
Students explore economics by participating in a role-play activity. For this consumerism lesson, students identify the Great Depression, the cause of the financial collapse and the devastation it caused people their own age. Students...
Curated OER
Are things Really More Expensive Today?
Students explore the topics of inflation and deflation within the economy. The Consumer Price Index is used to contrast the price of goods today with that of years past.
Curated OER
The Role of Money
Students investigate the role of money and how it is used in the world. The purpose and the history of it is covered while they look at concepts like spending in different parts of the world. This is when students practice with exchange...
Curated OER
Money Vocabulary
Explore the monetary system by completing worksheets in class. Learners will identify the monetary units of England and collaborate in groups to solve money word problems. They also identify several money-related vocabulary terms before...
Curated OER
Building the Aggregate Expenditures Model
A good accompaniment to an economics lesson, this presentation explores the aggregate expenditures model, detailing the relationship between consumption and saving using graphs and charts. Additional information includes investments and...
Curated OER
Cartoons for the Classroom: Grinding to a Halt- The U.S. Economy
Using gears as a visual metaphor, this political cartoon analysis learning exercise gives a clear picture of one artist's perspective on the U.S. economy. Background information helps give pupils access to the cartoon's context, and 3...
Curated OER
Cartoons for the Classroom: Congress and the President
Learners take a critical look at the ways in which the president interacts with Congress in order to make political and economic decisions. They use a series of well-constructed discussion questions to guide their thinking as they...
Curated OER
Gross Domestic Pizza
Students explore major components of gross domestic product (GDP) and how it is determined; students create and compare GDP pie charts for the countries of Pepperonia and Anchovia.
Curated OER
Government Lesson Plan 19
Students define vocabulary terms related to monetary policies, and apply monetary tools to solve economic scenarios.
University of Nebraska
Why Do I Want All This Stuff?
How do advertisers influence consumers? The big idea here is that once consumers understand the factors that influence their desire for a product or service, they are better able to consider substitute and/or complementary products.
Curated OER
Farming: It's a Fact
Understanding where our food and textiles come from is key to understanding business, economics, and the importance of modern agriculture. Learners play a game, read text to determine farm fact from opinion, and itemize a grocery receipt...
Curated OER
Why Do I Want All This Stuff?
Learners identify two factors that determine consumer demand as well as substitutes and complements for selected goods and services. After examining advertisements, they distinguish between fact and opinion and explore the factors that...
Curated OER
Why Don't I Ever Have Any Money?
Young scholars keep a journal on their current spending habits. In groups, they develop guidelines for a family to follow given a specific amount of take home pay. They role play various scenerios to see what can be done with a given...
Council for Economic Education
Timing Is Everything
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
Curated OER
Economics Using SimCity 2000
Fifth graders build a city and balance a budget for the population.
Curated OER
Hey, Mom! What's for Breakfast?
Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...
Curated OER
Savings and Consumption
Young scholars engage in a study that is focused upon the practice of how financial savings is accumulated and spent. This is based upon the rate of consumption with spending. The lesson helps students to create a working budget...