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Worksheet
Curated OER

Price Elasticity of Demand

For Students 12th - Higher Ed
A series of economic activities should keep your class busy for a while. Six different worksheets review the concepts of price elasticity, demand, and U.S. economics. Multiple real-world applications and scenarios house each of the ten...
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Lesson Plan
Curated OER

Chapter 20: Demand and Supply (Elasticities and Government-Set Prices)

For Teachers 10th - 12th
Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...
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Worksheet
Miami University

Chapter Nine Worksheet: Monopoly

For Students 12th - Higher Ed
Advanced economics pupils analyze a series of graphs, data sets, and profit scenarios all related to monopolies and marginal revenue. They read through the background information, complete a graph using the data provided, and justify...
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Lesson Plan
Curated OER

Economics: Incentives, Profit, and the Entrepreneur

For Teachers 10th - 12th
Students discuss both positive and negative economic incentives. In 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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Lesson Plan
Curated OER

Estimating Revenues

For Teachers 11th - 12th
In this economics worksheet, students write out a business plan that translates into an estimation of revenue made in the first three years.
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Lesson Plan
Curated OER

Limiting Trade

For Teachers 6th - 8th
Read a narrative describing various types of trade restrictions, and then engage in a debate about a new tariff. Critical thinkers will evaluate arguments to determine who benefits and who is hurt by the new tariff. Consider assigning...
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Lesson Plan
Curated OER

Diminishing Returns

For Teachers 10th - 11th
Students play an economics game to learn about the law of diminishing returns. The lesson can be used to link to other concepts. The difference of production and productivity is explored.
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Lesson Plan
Curated OER

Cost and Revenues

For Teachers 10th - 12th
Pupils develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
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Worksheet
Curated OER

Price Elasticity of Demand (PED)

For Students 12th - Higher Ed
In this economics activity, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
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Worksheet
Curated OER

Price Elasticity of Demand

For Students 11th - 12th
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
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Worksheet
Curated OER

Microeconomics Study Guide, Section II: Elasticities

For Students 11th - 12th
In this economics worksheet, students define elasticity, calculate ranges of elasticity, and label diagrams pertaining to the concept of elasticity.
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Lesson Plan
Curated OER

Immigrants and the U.S. Constitution

For Teachers All
This instructional activity will help students learn more about current immigrant experience, nvestigate U.S. immigration and labor laws, consider the meaning of citizenship, gain knowledge about the economics of poverty, practice...
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Lesson Plan
Curated OER

The Taxpayer's Rights

For Teachers 6th - 12th
Students examine rights of taxpayers and procedures the IRS uses to process tax returns
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Lesson Plan
Curated OER

The Cost of Community Services

For Teachers 8th - 12th
Young scholars identify the types of services provided to citizens by local government and evaluate tax revenue versus the costs of delivering these services to developments. They evaluate the advantages of spatial relations to delivery...
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Lesson Plan
Curated OER

Incentives, Profit and the Entrepreneur

For Teachers 11th - Higher Ed
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
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Lesson Plan
Curated OER

I'm in Business, Now What Do I Charge?

For Teachers 11th - 12th
Students determine what price must be charged in order for an entrepreneur to breakeven and to make a profit. They calculate the breakeven price, identify opportunity costs, and write a paragraph explaining what costs should be used for...
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Lesson Plan
Curated OER

The Job Jungle -- A Labor Market Game

For Teachers 9th - 12th
Students work together to participate in a labor market game. They discuss the concepts of supply and demand and how they relate to labor. They ask any questions they have to complete the lesson.
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Lesson Plan
Curated OER

The Cost of War

For Teachers 9th - 12th
Students view a video clip about the cost of war. They discover what goes into paying for a war. They examine the need for a budget in the government. They read a news story about this topic as well.
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Lesson Plan
Curated OER

Limiting Trade

For Teachers 7th - 8th
Students debate imposing tariffs on imported shoes. In this tariffs lesson, the class is divided into two groups: those that oppose a tariff on imported shoes, and those that support it. Groups read about each position, write position...