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Competition and Market Structure
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.
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Price Elasticity of Demand (PED)
In this economics worksheet, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
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The Role of Public and Private Sectors
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Aquaculture Productions Systems Quiz
In this aquaculture system worksheet, learners complete 14 true or false and fill in the blanks questions. They rank 4 systems in order of intensity.
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Labor Markets
Students examine labor markets by participating in an employer/employee simulation and in group discussions. They discuss mandated employee benefits and predict the effect they have on various parties.
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Filling Up
In this filling up worksheet, young scholars calculate the E85 per gasoline-gallon equivalent price to the E85 price per gallon to complete a chart of "alternative fuel". They use the data along with the price per gallon of gasoline to...
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Running on Renewables
Students investigate the costs and benefits of switching their school to sustainable technology energy production. They use software called HOMER developed by the National Renewable Energy Lab to do the cost/ benefit analysis. They then...
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Killer Wrapper
Students examine the importance of food safety and the impact it has on their lives. In this health lesson students complete an oral report on food poisoning and design a low cost "safe" packing material for bread.
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Oklahoma Wheat on the World Market
Sixth graders explore profit and loss in the wheat trading market. In this sixth grade mathematics lesson plan/social studies lesson plan, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and...
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Missouri Rice Farming
Sixth graders investigate rice farming in Missouri. In this percentages instructional activity, 6th graders determine how much rice production has increased over time. Students find this number in percentages. Students then figure the...
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Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
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Africa: Economics And Change
Middle schoolers examine the gold-mining industry in Africa. In this geography skills lesson, students watch "Africa: Economics and Change," investigate the challenges of working in mines, research attributes and production of gold and...
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Economics: Incentives, Profit, and the Entrepreneur
Students discuss both positive and negative economic incentives. In this lecture-based instructional activity, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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Supermarket Smarts
High schoolers examine how a consumer can make informed choices. They visit stores with a prepared shopping list, record the prices on a spreadsheet, create graphs, and create a Powerpoint presentation comparing the total cost of stores...
Institute of Electrical and Electronics Engineers
Adaptive Device Design
After reading about how engineering has made adaptive devices possible for people with disabilities, pupils work in groups to discuss different devices to determine whether or not they are adaptive. They also disassemble a pair of...
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Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...
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Running a School Bakery
Young scholars explore marketing concepts while producing food items to sell.
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Elasticity
Pupils are introduced to the topic of elasticity. As a class, they identify demand as being either price elastic or price inelastic when given examples. They discover the relationship between percentage changes in the quantity sold and...
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A LOT OF THIS FOR A LITTLE OF THAT
Students describe the import and export of agricultural products and gain a comprehension of the concept of supply and demand. They discuss exports and imports. Students have small world maps on each desk, they identify the countries...
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CHAIN OF EVENTS
Students, exercising knowledge, reasoning and communication complete a chart that is well-organized and well-detailed. They assess the Economic concepts of supply and demand and how that relates to production and sales. In addition, an...
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Talking Bulls and Bears
Students compare and contrast bull and bear markets. In this stock market lesson, students visit the noted Web sites to study supply and demand, the stock exchange, and financial scandals.
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Canine Companions
Students identify the responsibilities of being a dog owner. In this animal welfare lesson, students list ten important items that a dog needs to live and visit a pet store to calculate the total cost of the items. Students visit a local...
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The Big Apple
Young scholars study the buying and selling market and how prices are determined for an agricultural product. In this competitive market instructional activity, students study how prices are determined in a market by studying the forces...
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To Market to Market
Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...