Council for Economic Education
Opportunity Cost
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Curated OER
Calculating Sales Tax
Observe and demonstrate how to calculate state sales taxes. Learners create a sales tax chart by calculating the sales tax amount and tax inclusive retail price for school store items, then calculate the subtotals, sales tax amounts, and...
Curated OER
Cutting Costs With Coupons.
Students clip coupons for food items, create a menu using those items, and add up the total savings. They correctly calculate the total amount of money that would be saved if they used the coupons.
SaveandInvest.org
The True Cost of Owning a Car
Almost every teen wants a car, but can they really afford one? The lesson plan walks pupils through how to identify a budget, find all of the costs associated with car ownership, and determine if they should buy the car or keep looking.
Teach Engineering
Cost Comparisons
Our final proposal for the cost of the bridge requested is ... In the last segment in a series of 10, pairs work together to develop a proposal for a city bridge design. The class completes a cost comparison between concrete and steel to...
Curated OER
How Much Does it Cost to Light Your School?
Learners compute the cost of electricity used to light their classroom and their school for various lengths of time. They compute the amount of coal needed to produce the electricity used for one hour of light in their classroom. An...
Illustrative Mathematics
The Price of Bread
As part of an initiative to strengthen our young adults' financial understanding, this problem explores the cost of bread and minimum wage since the 1930s. Learners are asked to find the percent increase from each year and compare it...
Radford University
Calculating the Cost: Algebraic Planning for a First Car
Scholars decide which job to take based on the pay. They then research cars to potentially purchase and determine the total cost of the car. Finally, they calculate how long they would have to work to purchase the car along with how much...
Wind Wise Education
What is the Cost of Inefficiency?
What does it cost to keep the lights on? Through a hands-on activity, class members use a watt meter and determine the amount of energy different types of light bulbs use. The class then determines the financial and environmental cost of...
Curated OER
What Does It Cost to Use It?
Students investigate how electrical usage is counted. For this electricity lesson, students research an electric bill and define terms such as watts and kilowatts. Students calculate the average electricity cost per year by using a...
Curated OER
Discount and Sales Price
One of the most practical ways to teach about percentages is to use the real-life example of "sale" or "discount" pricing. This presentation poses many of these type of problems for young mathematicians who are trying to master the...
Curated OER
Multiplication Practice: Calculate Cost
In this multiplication worksheet, learners use a table to calculate the cost of food items, 7 problems total. Answers included on page 2.
Curated OER
What's the Price?
Fourth graders learn about price and comparative shopping. In this price and comparative shopping lesson, 4th graders read Amy Axelrod's, Pigs Go To Market: Fun with Math and Shopping. They use the book to investigate the meaning of...
Curated OER
Using a Calculator
Students use a calculator to solve math problems. In this calculator usage lesson, students get into pairs and familiarize themselves with the keys. Students are then given problems to solve using the calculator. Students do Smart Board...
Balanced Assessment
Cost of Living
Math scholars investigate the cost of living in Hong Kong compared to Chicago but must first convert the different types of currency. They then choose a type of graph to compare different spending categories and finish the activity by...
Curated OER
The Ultimate Classroom: R & D
Redecorate a classroom on a budget. Middle schoolers rebuild a classroom after a disaster. They conduct Internet research to determine construction supplies needed and the most cost effective way to reach the predetermined results. They...
Curated OER
Purchasing Flower Power
Students fabricate decorative flowers to serve as a sales commodity. They assign value and prices to their flower stems. Students estimate and calculate costs using decimal points and place values in order to keep within a budget they...
Radford University
Movie Projector Cost
Small groups analyze the attendance at a movie theater and determine the amount of money made for per show. Team members calculate the number of shows it would take for a theater to make a profit after purchasing a new digital projector....
Curated OER
What Did It Cost 100 Years Ago?
Students compare prices of good across the century in order to introduce the topic of inflation. They undertand the concepts of inflation and Consumer Price Index (CPI), use online calculators to figure the approximate cost of goods...
Curated OER
How Can Entrepreneurs Control Costs?
Young scholars calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business...
Curated OER
The Rising Cost of Health Care: Is there an explanation?
Twelfth graders explore rising health care costs and the Law of Diminishing Marginal Utility. They participate in an activity that demonstrates the Law of Diminishing Marginal Utility. Students read the may 27, 2005 Economic Letter and...
Curated OER
Calculating Simple Interest
For this math worksheet, students investigate the concept of paying interest on a loan. Students read 10 problems where they look at a picture of something they are going to buy at a certain price and interest rate. Students calculate...
Texas State Energy Conservation Office
Cost-Effective Buying
Middle school energy experts read about the relationship between energy use and cost-efficiency. Then they work through a couple of scenarios to determine which approach is more cost-effective.
Curated OER
Cookie Mining
Students simulate coal mining with chocolate chip cookies and toothpicks. They investigate the costs associated with mining coal.