Lesson Plans and Worksheets
I have used several hands-on lessons that have helped to engage my students in topics that may have been mundane to them. I do not have a text book or resources for many of the topics that I teach, and it is nice to find so many resources in one place.
- Bowerston, OH
- 09-29-11
Economic Concepts Lesson Plans
Find teacher approved Economic Concepts lesson plan ideas and activities
Students choose an idea they agree with about Annie's actions and explain their opinion verbally, to a partner or the class. Students identify at least one economic concept in the book Annie and the Old One and record it in their journals.
Students study the pros and cons of globalization. Theyhighlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the FRBSF Economic Letter: Globalization: Threat or Opportunity for the U.S. Economy?
Students use economic concepts and mathematical calculations in deciding, hypothetically, what car to buy and how to finance the purchase. They work with family in experiencing this real-life application.
Students explore the fundamental economic concepts and relate to the stock market. In this stock market lesson, students make a plan for retirement. Students become familiar with financial instruments for saving. Students take a quiz.
Students define choice, cost, supply, demand, and scarcity. They apply the terms in an economic sense to a historical event. Finally, students read an excerpt from the oral history interview with a submarine veteran conducted by the Arkansas Inland Maritime Museum and relate economics concepts to the interview excerpt.
Fourth graders investigate the important concepts of economics. In this economics lesson, 4th graders research basic economic concepts such as the definition of economics, resources, human capital, conservation of resources, goods and services, and world trade. They work in small groups as they research and develop a strategy to present the information. They present the material using PowerPoint.
Young scholars investigate the economic concepts related to the fall of Enron in order to begin unraveling this complex scandal. They do research in small groups to identify such things as the Securities Exchange Commission.
Students write a letter to the stockholders of a pretend video game company. They explain, using economic words, why the company has decided to stop making one of its games. They apply the economic concepts of scarcity, productive resources, and entrepreneurship to an analysis of Ben & Jerry's ice cream company.
Young scholars participate in a WebQuest to apply economic concepts. In this economics instructional activity, students are guided to various websites and simulate being an entrepreneur.
Young scholars discover the attributes of small business owners. In this economics lesson plan, students participate in a classroom activity that requires them to learn the meaning of economic concepts related to entrepreneurs and then play a review game of H-E-N Bingo.
