Carolina K-12
Comparing Economic Systems
How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
Delegation of the European Union to the United States
The Single Market and Free Trade
What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.
Curated OER
A FREE MARKET WITH THE HELP OF GOVERNMENT
Students engage in a study that explains how laws and government have policies that affect the economy to run more smoothly. The focus is upon the historical development of the free market and how the government was involved. Students...
Curated OER
Trade Secrets
Young analysists explore how global trade and free market policies might personally affect them. They read an article, view a series of documenteries, and engage in a class discussion. Great lesson!
College Board
2007 AP® Microeconomics Free-Response Questions
A monopoly gives a company exclusive rights to a market. What is the impact of that decision on the economy? Problem sets from College Board explore this question, as well as variables in labor markets and government regulations on profit.
College Board
2017 AP® Microeconomics Free-Response Questions
How much corn does a farmer need to grow if he wants to make a profit? A prompt from College Board asks learners to put themselves in the boots of a farmer growing crops for the alternative fuel market. Additional prompts consider the...
Curated OER
To Market to Market
Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...
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Economies
Students discover different economic systems. In this global economy lesson plan, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other systems....
Council for Economic Education
The Economic System of Medieval Europe
How are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...
Curated OER
Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Curated OER
Looking Back
Students examine the difference between a communist and a free-market economy. They discuss challenges occurring in Macedonia and explain the mood of its people.
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America's Economy: Sorrow And Hope
Students discover how Americans found the hope that broke the Great Depression. In this American economics activity, students watch "America's Economy: Sorrow and Hope." Students then discuss the implications of the depression and...
Curated OER
Liberty and Security in Contemporary China
Upper graders consider contemporary Chinese economics, political viewpoints, and government. This unit covers a span of several class periods or six days, and engages learners in a variety of skills based activities. They conduct...
Curated OER
Post-Civil War American History
Fifth graders examine significant events in Post-Civil War America. In this Post-Civil War lesson, 5th graders investigate the important events after the war in 19th century America. They read primary source documents about six topics...
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What is Entrepreneurship?
Eighth graders describe the entrepreneurial process and how it relates to the economy. They work together in small groups to answer questions and participate in small business groups. They use the internet to gather information as well.
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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...
Curated OER
Looking Back
Young scholars work together to research the history of Macedonia. As a class, they compare and contrast a free market economy with a state-controlled economy. In groups, they read a letter by a Peace Corp volunteer and compare it to...
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Money Simulation (mini economy)
Young scholars participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.
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Why People Trade
Students explore the role of government in the economy market. In 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...
Council for Economic Education
New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou
Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...
Federal Reserve Bank
Once Upon a Dime
The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...
Federal Reserve Bank
Deflation: Who Let the Air Out?
Why do decreasing prices (deflation) restrain economic growth, and why is this a real concern? Here you'll find reading materials and a related instructional activity that gets right to the heart of this question, using recent events and...
Curated OER
A Command Economic System
Students discover the Command Economic System, which is found in countries like the Former Soviet Union, North Korea, and China. Students identify five characteristics unique to the Command Economy.
Curated OER
WHY DOES MONEY HAVE VALUE?
High schoolers learn that money has value by examining the history, meaning of money. market structures and pricing. For this analysis lesson, students use exchange rates to find the cost of an item different currencies.