Economics and Business Lesson Plans

Students examine the salaries of Major League Ball Players. In this economics lesson, students identify revenue sources other than ticket sales and use economic reasoning to refute the argument that Major League Ball players are overpaid.  Lesson includes a pre and post test.  

Learners complete business accounting activities and review transactions to complete a financial statement. In this accounting lesson, students brainstorm the types of businesses they wish to own. Learners review setup facts for businesses and plan their business. Students identify the accounting transactions to complete a financial statement by developing a balance sheet for the business.

Students learn about budgets, financial management, finance, entrepreneurship, revenue, expenses and profit. In this starting a business lesson, students will be creating mathematical problems and connecting them to the world around them.

Seventh graders examine the American business boom of the Gilded Era. For this Gilded Era lesson, 7th graders examine photographs, advertisements, and documents to determine how businesses marketed their products.

Students explore businesses. Using a newspaper, students identify all businesses mentioned or shown. The class creates a list of the types of businesses in the community and they categorize each service or product provided. After research and discussion, students define a business.

Pupils discuss the motivation behind owning your own business. They plan a course of action to research the pros and cons of owning a business and then share their information with the rest of the class as a follow up activity.

Students research four Maine based businesses involved with lobster fishery as a career analysis. In this career exploration lesson, students research lobster fishery businesses and write a class book showing the progression of a lobster through the levels of business and the commonalities between the business and their dependencies.

Students explore the concept of turnover. In this turnover lesson, students read an article about executives leaving their business. Students discuss the benefits of turnover. Students create their own business and list the ideal conditions of their business for the employees, competitors, market, and luck.

Twelfth graders examine the process of inventory with a business. In this Economics lesson, 12th graders calculate the percentages of different loses. Students present their findings to the class.

Students study how to identify the market areas of some of the major retailers in their communities. To accomplish this, they survey consumer travel behavior and create hypothetical businesses in their hometowns.