Young scholars analyze the concept of profit and loss, the components of a simple profit and loss statement and the importance of a profit and loss statement. They calculate profits using gross income, total expenses and cost of goods...

Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology lesson plan, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider...

Am I making any money? Help learners determine if their fictitious soda stand is turning a profit. They graph linear equations using the slope and y-intercept and identify the best price to use to sell soda. They identify the domain and...

Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.

Students calculate gains and losses of stock portfolios. Although the Global Stock Game (GSG) calculates profits and losses automatically, students should learn the basic math skills in calculating their stock investment the...

Middle schoolers discuss the role of profits in an economy. As a class, they explain why profits are an incentive and practice calculating profit and loss. They discover what a firm in capitalism must do to earn profits and explain the...

Students distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.

Students discover the meaning of profit and identify different types of profits. They examine the functions of profit in a business. They discuss the basic forces behind a market system.

Students discuss both positive and negative economic incentives. In this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.

Students see how to calculate the gains and losses of their stock portfolios. They use basic math skills in calculating their stock investment the old-fashioned way.

Fourth graders explore business by participating in physical activities. In this entrepreneur lesson, 4th graders define profit and how it is necessary to run a successful business. Students pop balloons with monetary values inside and...

Students explore the principals of accounting and operating a business.  In this business or financial math class, students investigate business documents, day books, bookkeeping, balance sheets, etc. in this self-paced...

Before loaning a friend money, what factors would you consider and why would you lend it? Your young economists will face questions like these in a lesson on banking, profit, risk, and reward, which includes the reading of the book...

Poring over the details and characteristics of monopolistic and oligopoly systems, these slides include charts, graphs, and key terms to help viewers truly grasp the concepts behind each market model. From budding economists to...

Explore the concept of money and research its origin. There are many concepts related to business math, thusly, there are many formulas used to make calculations around money. Exchange rates of money in different countries, interest,...

Students participate in a simulation in which some are buyers and some are sellers in a trading activity. They set their own prices and record transactions. Then they calculate who made the biggest profit. They discuss the results.

Students role play as business owners in order to learn about how certain aspects of business works. In this 3rd - 6th grade lesson plan, students experience creating and running their own business, including earning profits and...

Pupils harvest and thresh the seeds. They count the seeds and compare that number with the original number of seeds planted (8) to determine their profit or loss. Finally, students think about additional questions they have about...

Sixth graders explore profit and loss in the wheat trading market.  In this sixth grade mathematics activity/social studies activity, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and...

Credit can be confusing for teens, some of whom are already using credit cards. Clear up misconceptions with this group research activity which has a solid outline with a lot of room to adjust to your needs and resources. Groups are...

Students explore profit and risk. In this economics activity, students read about McDonald's and Nabisco stock and discuss the risks and rewards of stock ownership. Printable worksheets ask questions about rights of stock owners and the...

Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...

Students perform simulation of video games as they explore statistics. In this algebra lesson, students relate concepts of statistics and data collection to solve problems. They decide their next step based on the previous assessment of...

Students access prior knowledge of the stock market and how it works. In this buying and selling stocks lesson, students complete worksheets on stocks to understand how the stock market works. Students answer critical thinking questions...