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Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven activity with a lot of interesting information.
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It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
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Rationing Scarce Goods and Services
High schoolers examine the concept of scarcity. They list ways in which they can all get a piece of a good or service. They discover the concept of scarcity and discuss.
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Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...
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Equilibrium
Twelfth graders and college students alike work on great practical application problems related to supply and demand with this worksheet series. There are five different worksheets containing graphs, charts, and scenario based problems...
Council for Economic Education
Satisfaction Please! (Part 1)
The topic of consumerism seems easy to those who participate actively in the US economy, but pupils who are new to economics may see the idea as foreign. Help them understand their rights as consumers and what to expect when interacting...
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Market Changes
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...
Council for Economic Education
Satisfaction Please! (Part 2)
Simply understanding consumer rights may not help people solve their problems. Understanding who to turn to becomes key in many different scenarios. Teach the value of various organizations that fight for consumer rights through...
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Economics: Incentives, Profit, and the Entrepreneur
Young scholars discuss both positive and negative economic incentives. For this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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Smart Consumers, Smart Choices
Students see what it means to be a smart consumer by engaging in a level-headed analysis of budget, opportunity costs and self-regulation. They compare prices within a service field, and weigh the choices of spending money on that item.
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Westward Expansion
Fifth graders create a brochure outlining what he or she has studied throughout the unit. The brochure contains evidence that Students have understood and mastered the answers to the essential questions.
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Will the Real Capitalism Please Stand Up?
Students analyze descriptions from five different countries to determine which institutional components of capitalism are present and, if so, to what extent. They then place each on a continuum depending upon the number and strength of...
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Understanding the Effects of Currency Exchange Rates
In this algebra worksheet, students match the currency with the country of origin. They convert between that currency and the US using a foreign exchange conversion table. There are 35 questions.
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I Want To Be an Entrepreneur
Students define the word entrepreneur as they create a business. In this economics lesson, students understand the elements of creating a successful business and record them. Students create a commercial for their businesses.
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How Much Is It?
Students explore foreign currencies. In this foreign currencies lesson, students simulate travel to another country and determine the value of the US dollar compared to other countries. Students use a conversion table and search Internet...
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Inspirational Mapping for the Corps of Discovery
Third graders use a computer software entitled, Inspiration, in order to create a map or web of what Lewis and Clark should have packed for their journey west. They are given the expectations of the teacher and a scoring guide is...
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Resources and Economic Development
Identify natural resources in the world and how they translate into economic development. In this global economy instructional activity, your class will utilize the Internet to view an Oregon Time Web which they research to examine the...
Tutorials Point India Private
E-Commerce Tutorial
How does electronic commerce benefit organizations, customers, and society? Scholars read about e-commerce as it applies to modern business practices in an informative tutorial. Pupils also discover different types of business models in...
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Shopping
In this shopping worksheet, students complete a shopping dialogue, choose the correct word to label the shop, complete a word search, and more. Students complete 5 activities.
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Fitness Day
Students develop skills and a comfort level in interpreting economic concepts through graphic analysis.
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Getting to Know the Products from Trees
In this tree products lesson, young scholars read the book Tell Me,Tree: All About Trees for Kids, discuss how people make products from wood, define producers and consumers and then go on a treasure hunt for wood products at home and...
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Life in a Soviet Household
Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
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What are the Economic Functions of Government?
Twelfth graders identify the six economic functions of government and the classify examples of government actions and policies within various economic functions. They identify and evaluate two different positions on the role of...
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Ford's Revolution (Differentiated by Ability)
Students explore the effects of Ford's use of the assembly line, auto financing, and increased wages to make his fortune. They complete a worksheet using the internet.
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