Curated OER
Source Search: Agricultural Products
Farmers just farm, right? Find out how important agricultural products are to our modern society. Learners will explore the foods, textiles, and fuels made from industrial farm goods. They'll also explore the idea of choosing an...
Federal Reserve Bank
The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination
Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for higher...
Teach Engineering
Design Step 6: Evaluate/Manufacture a Final Product
This is what all of the excitement has been building up to! Young engineers create engineering drawings, use machines to manufacture their products, test, and evaluate their designs in the last step in the engineering design process.
Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Council for Economic Education
Opportunity Cost
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Curated OER
Chapter 7: Measuring Domestic Output, National Income, and the Price Level
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
Curated OER
Petro Products
In this petroleum products worksheet, students are given the components of crude oil and they graph the various products found in a 50 gallon barrel. Students complete an activity to determine if they have collected cards that represent...
Teach Engineering
Cost Comparisons
Our final proposal for the cost of the bridge requested is ... In the last segment in a series of 10, pairs work together to develop a proposal for a city bridge design. The class completes a cost comparison between concrete and steel to...
Curated OER
Free Enterprise--Product Cost
Students apply basic math skills in computing a product cost.
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,...
Curated OER
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI instructional activity, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text...
Curated OER
The Price is Right
Learners, through various activities, explore online databases. Using the internet, students explore the distributors websites. They collect specific information on selected products. An spreadsheet with price comparisons is developed....
Curated OER
Cost Effective Buying
Students evaluate energy-related purchases. In this consumer awareness lesson plan, students visit an appliance store and rank the products' cost effectiveness by using a mathematical formula.
Missouri Department of Elementary
How Much Does Smoking Really Cost?
Following a brief survey about tobacco, scholars examine a fact sheet to answer questions about the substance. A practice page challenges the class to determine the cost of the habit using money math. Pupils discuss their findings...
Curated OER
The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a lesson that focuses on OPEC and...
Curated OER
Free Enterprise -- Product Cost
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.
Curated OER
The True Cost of Coffee
Young scholars examine the economic, health and environmental risks of being a one-crop country. They explain the risks of relying on one crop. They also identify the factors that resist change.
Curated OER
The Business of Agriculture
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
Curated OER
Where Does It Come From?
Do you or your learners know where apples or potato chips come from? If not, you will after this lesson plan. To explore careers in agriculture, learners first examine the importance of agriculture to our nation. They view several movies...
Curated OER
America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
Curated OER
How Can Entrepreneurs Control Costs?
Students calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....
Curated OER
How Can Entrepreneurs Control Costs?
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
Curated OER
Cost analysis
For this Algebra I worksheet, 9th graders analyze a problem in which basic assumptions must be made about cost and demand for the product or item. Students use a graph to make predictions and determine the best price at which to sell an...
Curated OER
Mass Production Using an Assembly Line
Fifth graders examine the industrial revolution. In this industrialization lesson, 5th graders explore the concept of mass production via the assembly line. They then create an assembly line which demonstrates its costs and benefits...
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