Council for Economic Education
Specialization and the Decathlon
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...
Federal Reserve Bank
What Are the ‘Ingredients’ for Economic Growth?
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
Curated OER
The Foundation of Economics
This is a one-stop shop as an introduction to Economics; review 53 slides covering the basics of most economics principles with images and instructor notes. Journey from Adam Smith and the foundation of modern economics to concepts such...
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
Curated OER
Give and Take
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...
Curated OER
Something from Nothing
Learners identify opportunity costs. In this resources lesson students are read the story Something from Nothing by Phoebe Gilman. Learners list the things Grandpa makes Joseph. Students state why people make choices.
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.
Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Federal Reserve Bank
Beatrice’s Goat: A Lesson on Savings Goals
Youngsters learn the meaning of saving and how to reach savings goals by first reading a story of a young Ugandan girl who is gifted a goat, and then discovering the opportunity costs of savings decisions made by her and her family.
Curated OER
Economic Reasoning: Why Are We A Nation Of Couch Potatoes?
Students examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.
Curated OER
Consumer Borrowing and Spending
Credit can be confusing for teens, some of whom are already using credit cards. Clear up misconceptions with this group research activity which has a solid outline with a lot of room to adjust to your needs and resources. Groups are...
School Improvement in Maryland
Socio-Economic Goals of the Government
Equity. Increased productivity. Price stability. Environmental protection. Decreased poverty. Governments establish socio-economic goals and then must design and fund programs to address these goals. Groups investigate various programs...
College Board
2018 AP® Microeconomics Free-Response Questions
How much should Nirali study for her history and economics exams if she has a limited amount of time for both? Scholars consider opportunity cost in using this real-world scenario from College Board. Other questions include looking at a...
Curated OER
First Grade Economics Unit
First graders begin by studying the differences between a "good" and a "service". They compare items to each other to help comprehend the differences. They also look into the differences between buyers and sellers and how the choices...
Curated OER
Economics Unit I - The Basics
Twelfth graders access how scarcity requires individuals and institutions to make choices about how to use available resources. They explore the characteristics of different economic systems and institutions. Student are able to describe...
Curated OER
The REAL Cost of College
Learners explore the cost of college and how to plan and save. In this money management instructional activity students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and...
Visa
Savvy Spending: Sharpening Money Decisions
Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource will...
Visa
Making Decisions
What economic factors can influence personal and financial decisions? In an effort to understand opportunity costs and the time value of money, pupils engage in role-playing activities and discussion, as well as view a PowerPoint...
Curated OER
Scarcity, Choice and Decisions
Students study the basic economic trilogy (scarcity, choice, and costs). For this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...
Curated OER
Uncle Jed's Barbershop
Fourth graders examine productive resources. In this economics lesson, 4th graders read a book about a man who saves money to buy his own barbershop. After reading, students get into groups to play a game to learn about savings.
Curated OER
Time Value of Money
Students evaluate the time value of money. In this economics lesson, students define inflation, interest, and the future value of money.
Curated OER
Life is Starting to Change
Students investigate the tough economic times by discussing supply and demand. In this economics instructional activity, students read a news article and identify specific examples of the oil crisis that has touched their lives....
Federal Reserve Bank
FRED in the Classroom: Measures of Inflation
Don't just tell class members about how to measure inflation, have them experience it firsthand by asking them to work with real data and construct graphs!
Federal Reserve Bank
Lesson 3: A Fresh Start
The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third lesson in a unit about Hurricane Katrina and other events that can result in...