In this dialogue about fashion, students ask and answer questions concerning fashion.

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

Income for most people is determined by the market value of the productive resources they sell. What workers earn depends, primarily, on the market value of what they produce and how productive they are.

This investigation begins with a discussion of spare change. Students are asked to compare and analyze peoples' attitudes toward coins today to those of the past. Students then complete an activity that teaches them how to compare...

This article proposes maximizing profits as the basis for pricing decisions in manufacturing. It also discusses direct costing, price-volume relationship, establishing contribution percentage and more.

In this interactive economics lab, students help Albert Moose determine how to price his product, music synthesizers, based on costs and revenue. Students create supply curves to help in the decision process.

In this introductory lesson plan to money management for teens, students will use everyday math skills to comparison shop a variety of products. Students will learn several ways to save money, including using store discounts, coupons,...

The Energy Information Administration provides a short summary of the energy crisis of 1973 and a slide show with charts of oil and energy prices, production, and usage since the crisis.

This site gives a concise outlook of the United States Economy in the early twenty-first century. The summary is brief, but it is easy to read and understand. Includes numerous links to graphs.

These databases present economic data for individual countries, aggregated sets, and for commodity prices going back to 1999. The information is published twice a year.

Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks: recessions occur when...

If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...

[Free Registration/Login Required] This is a simple flipchart to assess students' understanding of verbal pricing. Each page has an audio link to someone saying a price. The students should vote on which price they heard the voice say....

This article discusses how to set prices when your product is a service rather than a manufactured good. It describes some of the pricing problems related to the fact that you are selling an intangible good.

By the end of this section, you will be able to do the following: Explain the importance of potential GDP in the long run, analyze the role of flexible prices, interpret a neoclassical model of aggregate demand and aggregate supply, and...

Planning is essential to financial success. In this lesson, students will define the word "budget" and identify the three key components associated with creating a budget, evaluate wants versus needs, and demonstrate an understanding of...

The Virtual Economics Web Companion for K-12 economics and social studies teachers was created by the National Council on Economic Education. A wide variety of educational materials and lesson plans can be accessed through this site....

A lesson that teaches about competition in the marketplace that uses student-gathered information about businesses where they live. Includes student activities and links to national standards in economics and personal finance.

This site shows cost curves for a firm in a perfectly competitive market, and has an interactive graph to show what their profit margin is at various levels of production.

In this economics tutorial, you as a producer have to determine how much of a given product you should make.

Here is an article discussing unit price. The article talks about buying in bulk and buying store brands to receive the same product for a lower unit price.

A comprehensive look at the economic growth in the U.S. in the 1920s. Provides statistical information on national product, income and prices, population and labor, agriculture, productivity, coal and petroleum, energy and...