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Lesson Plan
Curated OER

High-end/Low-end: Exploring Price and Value in Design

For Teachers 9th - 12th
Learners analyze elements of design and compare/contrast elements of price and design. In this design lesson, students consider the differences between high-end and low-end design. After completing an analysis of design in small groups,...
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Lesson Plan
Teach Engineering

Show Me the Money

For Teachers 6th - 8th Standards
Class members learn how to estimate the total costs involved to design and build a bridge by including design, material, equipment, and labor costs. The activity includes a discussion about the trade-off between cost and aesthetics.
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Unit Plan
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Practical Money Skills

Living on Your Own

For Teachers 9th - 12th
Every teen dreams of living independently, but often without thinking about the details and costs involved with moving out. Three lessons in a unit about living on your own focus on moving costs, fixed and flexible costs associated with...
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Activity
Curated OER

Susan's Choice

For Teachers 2nd - 3rd Standards
Young economists explore opportunity cost by counting how much money Susan has in her piggy bank. From here, they are challenged to help Susan make a choice about what she can buy with her money. 
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Assessment
Curated OER

Buying Coffee

For Students 6th - 8th Standards
Starbucks or house blend? Pupils analyze the unit rate as the cost per pound of coffee. They use a graph to visualize the unit rate given the cost for a quantity other than one pound.
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Assessment2:53
Mathed Up!

Best Buys

For Students 6th - 8th Standards
Which scenario is the better deal? Class members examine nine scenarios to determine which choice offers a better deal. Pupils decide whether they need to find unit costs or total prices to compare the two options.
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Lesson Plan
California Department of Education

College: Plan Well and Pay Less

For Teachers 11th Standards
They say you gotta pay to play, and postsecondary education is no exception! High schoolers learn how to research and analyze the cost of postsecondary education as well as the different ways to pay for schooling. Learners then work...
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Lesson Plan
Council for Economic Education

The Economics of Income: If You’re So Smart, Why Aren't You Rich?

For Teachers 9th - 12th Standards
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
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Performance
Radford University

How do I Choose the Most Cost Efficient Scooter Rental Plan for My Family?

For Teachers 9th - 12th Standards
Pupils compare the cost of renting scooters for a family vacation from three different rental places. To help make their decision, scholars create tables, equations, and graphs of the pricing structure. Individuals then determine which...
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Performance
Radford University

Tuition Cost Activity

For Teachers 9th - 12th Standards
Can I afford to go to college? Small groups design a method to research college tuition for several years and make a prediction of costs in 2025. Classmates plot the the data on a scatter plot and graph the line of best fit to make their...
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Lesson Plan
Curated OER

The Consumer Price Index: A Measure of Inflation

For Teachers 7th - 9th
Students examine inflation over the years and learn to calculate how it changes over time. In this money management lesson, students learn how price changes affect their purchasing power, how to come up with strategies for dealing with...
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Worksheet
Curated OER

Price Elasticity of Demand

For Students 11th - 12th
In this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 9th - 12th
Students review the concept of opportunity cost. Using a clip from a money, they identify the people who made a choice and the value of the choice given up. They read various scenarios about opportunity costs and trade-offs and make...
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 9th - 12th
Students explore the concept of opportunity cost. Classmates discuss, orally and in writing, a time when they had to make a choice when all choices seemed worthwhile. They explore the impact of making decisions when resources are...
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Lesson Plan
Curated OER

Free Enterprise -- Product Cost

For Teachers 9th - 12th
Students are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with the class.
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Lesson Plan
Curated OER

The REAL Cost of College

For Teachers 7th - 12th
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...
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Lesson Plan
Curated OER

Free Enterprise--Product Cost

For Teachers 9th - 11th
Students apply basic math skills in computing a product cost.
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Lesson Plan
Curated OER

Smoking: The Real Cost

For Teachers 3rd
Third graders discuss the adverse effects of smoking and predict the financial cost of a smoking habit. They collect data regarding the cost of a pack of cigarettes and average packs smoked a day. They create bar graphs displaying the...
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Lesson Plan
Curated OER

The Cost of Raising a Child

For Teachers 10th - 11th
Young scholars study the cost of raising students based on different geographic locations and income levels. They study tables from the USDA and listen to audio tapes.
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 7th - Higher Ed
Students study what opportunity cost is and why it is important to their lives.
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Lesson Plan
Curated OER

Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Young scholars are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
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Lesson Plan
Curated OER

Monthly Cost of Living - Menus

For Teachers 6th - 8th
In this economics worksheet, learners plan the meals for the period of one week. The cost for the food is then computed through looking them up on the Internet.
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Worksheet
Curated OER

Production Possibilities & Opportunity Cost

For Students 12th
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
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Worksheet
Curated OER

Consumer Price Index Worksheet

For Students 11th - 12th
In this economics activity, students respond to 2 problem solving questions regarding production and the consumer price index.

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