Curated OER
Life in a Soviet Household
Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
Curated OER
Opportunity Knocks, But It Costs, Too!
Sixth graders write a reflection piece, outlining each of the decision-making steps they have used and what decision they have decided upon, which includes possible solutions, as well as possible outcomes for each solution. They also...
PLS 3rd Learning
Monthly Budget & Operating Costs
What teenager wouldn't want a car? But before they make that big purchase, this exercise helps them to understand the costs involved. It includes a worksheet to calculate expenses like taxes and fees, maintenance, gas and insurance, as...
Mathematics Assessment Project
Sharing Costs Equitably: Traveling to School
Drive or take the school bus? Class members determine the amount each student would have to pay in a carpool situation. They then evaluate the cost in a set of provided examples. I think I'd rather take the school bus!
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
Charge Cards!
Students identify and define the various types of credit cards and credit card offers. In this credit cards lesson, students identify the pros and cons of managing a credit card account. Students locate information on the Federal...
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
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.
Inside Mathematics
Party
Thirty at the party won't cost any more than twenty-five. The assessment task provides a scenario for the cost of a party where the initial fee covers a given number of guests. The class determines the cost for specific numbers of guests...
Council for Economic Education
Teaching Economics Using Children's Literature
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
Practical Money Skills
Making Decisions
A set of quizzes and assessments would make a great companion to your lesson on making decisions and opportunity risks. Learners watch a PowerPoint before answering multiple choice questions about interest rates, saving money, and the...
Curated OER
Choice, Opportunity, Cost and Decisions
Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
Decisions! Decisions! What Will I Do?
Students demonstrate formats of opportunity cost. Students illustrate this concept by choosing two pictures and analyzing them for color and cost. They write a short paper explaining their findings.
Curated OER
Yard Sale
Young scholars complete activities to discover spending, goods, services, price, advertising, choice, alternatives, criteria and opportunity cost.
Federal Reserve Bank
Cotton in My Sack
As part of a study of saving choices and opportunity costs, class members listen to a reading of Lois Lenski's Cotton in My Sack, and then evaluate the spending choices made by the Hutley family.
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
Piggy Bank Primer: Saving and Budgeting
Introduce young economists to basic concepts like unlimited wants, opportunity costs, saving, and budgeting with this workbook designed by the Federal Reserve Bank.
Curated OER
Advanced Math Budget Project
What financial situations and decisions await young learners after they graduate from high school? This project allows class members to glimpse into the types of responsibilities they will have as adults, from considering job...
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
Can't You Make Them Behave, King George?
Fifth graders describe the changes in King George III's policy toward the American colonies by sequencing key events between the French and Indian War and the American Revolution. They explain the colonial reactions to command decisions...
Curated OER
The Leaves in October
Students determine whether or not to save or spend and defend a decision. In this personal finance lesson plan, students identify opportunity cost of various spending and saving decisions. Students read a story where two girls share...
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....
Curated OER
Frozen Price Game
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
Curated OER
Introduction To Economics
High schoolers examine the fundamental nature of economics - unlimited wants and scarce resources and the need to make choices, the three questions related to the economic problem and its implications for an economy. This lesson come...
Other popular searches
- Trade Offs Opportunity Costs
- Trade Offs Opportunity Costs
- Online Opportunity Costs
- On Line Opportunity Costs
- Economics Opportunity Costs