Students, operating under simulated budget constraints, build pop-rockets and launch them. Working in pairs, they complete budget worksheets and use their "Blast Off Bucks" to pay for the construction. They then redesign their rockets...

High schoolers investigate he concept of consumer credit by explaining the benefits of using credit. The costs of their use is discussed in the instructional activity and the criteria that is used in order to establish credit. They work...

Students explore the concept of consumer credit. In this consumer credit lesson, students discuss the costs and benefits of buying with credit. Students examine scenarios to determine the costs and benefits of using a particular method...

Which is better, Coke or Pepsi? Pupils analyze the concept of substitute goods as they investigate the choice to purchase alternate products for better prices. Fun and practical, the engaging shopping exercise helps savvy scholars get...

Eighth graders define the generally accepted list of national economic goals. They discuss the compatability/incompatibility of goals. They participate in a consensus-building exercise to rank economic goals in order of importance.

Learners review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.

Middle schoolers compute and collect interest payments in the form of M&M candies. In this mathematics lesson, students work in small groups to compute either simple or compound interest. They compare the growth of their accounts...

Students examine concepts of personal finance. In this personal finance lesson, students use Valerie Tripp's, Meet Molly, An American Girl, to learn about saving and spending after World War II. They compare financial decisions after...

Middle schoolers explain the role of government in protecting consumer rights and the role of private organizations in protecting consumer rights.

Students consider their perceptions of the world through their 5 senses while visiting the West Virginia State Museum. In this West Virginia history lesson, students discover how knowing about the past helps with their understanding of...

This lesson encourages students to define opportunity cost, determine the the opportunity cost and trade-offs for certain decisions, and select criteria important for decision making.

Website with short video [0:20] and quiz teaches the concept of opportunity cost. Links to related material and lessons.

The definition and examples of "opportunity cost."

Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...

Use this site to teach your primary students how to identify the costs and benefits of making a decision. Animated link to the story, Country Mouse Makes a Decision, makes this an entertaining and educational economics lesson.

Through illustrated notes and a related video, students will gain an understanding of comparative advantage and why trade is beneficial. [4:10]

Interactive game gives students the chance to learn about costs and benefits, the cost of college, and potential lifetime earnings.

In this lesson, young scholars will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost of medical...

A lesson plan from the University of Nebraska for Middle School students about choice, opportunity cost, and trade-offs. Indicates standards, materials, objectives and is differentiated for one grade below and above grade-level students.

A simple lesson plan on the concept of opportunity costs or sacrifices. A short quiz on this concept is also provided.

Through a series of videos and notes, lesson gives students a better understanding of the production possibilities curve and how it applies to economics.

Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.

This lesson teaches students about opportunity cost through some steps of buying a house. It also shows students how advertising affects consumer decision-making.

Michigan Department of Agriculture provides this site that teaches students about the risks and benefits involved with food production. Includes a detailed lesson plan along with a list of terms and definitions. Gives great background...