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Activity
Museum of Science

Cookie Mining

For Teachers K - 6th Standards
Knock a chip off the cookie. Learners purchase a property to mine and mining tools. Pupils use their tools to mine chocolate chips out of a cookie for 5 minutes and return cookie fragments to its original site. After the time is over,...
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AP Test Prep
College Board

2004 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards
A company enjoys a monopoly. What happens to its profits when another firm introduces a similar product? Learners consider the case using questions from College Board. Other prompts include the effects of sales taxes and supply and...
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Lesson Plan
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Roald Dahl

Matilda - Arithmetic

For Teachers 3rd - 7th Standards
Mr. Wormwood, one of the characters in Roald Dahl's Matilda, is not the most trustworthy of characters. Have student groups take on the roles of car salespeople and play a game to see who can make the most profit by selling refurbished...
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Lesson Plan
Federal Reserve Bank

Worth!

For Teachers 7th - 12th Standards
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...
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Unit Plan
Council for Economic Education

Teaching Economics Using Children's Literature

For Teachers 1st - 6th
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
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PPT
Curated OER

Chapter 29: Rent, Interest, and Profits

For Teachers 10th - 12th
As viewers will quickly learn, rent is a vital part of our economy - both paying and receiving. Each perspective of a rent agreement are featured here. Included are details about the rate of interest and profits, as well as changes in...
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Lesson Plan
Curated OER

Starting Your Own Business

For Teachers 5th
Fifth graders read a book and complete several correlating activities to learn how to start their own business. For this economic and math lesson, 5th graders read the book The Toothpaste Millionaire. Students define the term...
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Worksheet
Curated OER

Linear Programming

For Students 11th
In this linear programming worksheet, 11th graders solve and complete 4 different word problems that include various applications of linear programming. First, they find the maximum earning of a situation given the time worked. Then,...
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Worksheet
Curated OER

Reading Bar Graphs

For Students 8th
In this bar graphs learning exercise, 8th graders solve and complete 10 different problems that include interpreting two different bar graphs. First, they determine the least profitable year for selling books. Then, students determine...
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Worksheet
Curated OER

Line Graphs

For Students 8th
In this line graphs worksheet, 8th graders solve and complete 10 different problems that include various line graphs. First, they use each line graph shown to respond to the questions that follow regarding books and population. Then,...
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Lesson Plan
Curated OER

The Role of Profits in the Economy

For Teachers 6th - 8th
Young scholars 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...
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Lesson Plan
Curated OER

Profit, Loss and Value Added

For Teachers 9th - 12th
Young scholars 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.
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Lesson Plan
Curated OER

Topic 5: Running the Business

For Teachers 8th - 9th
Students explore the concept of running a business. In this running a business lesson, students put their plan of action into practice. Students market a product and try to maximize profit.