Federal Reserve Bank
Would Increasing the Minimum Wage Reduce Poverty?
Here is a fantastic and relevant question to discuss with your class members. Using detailed reading material and a related worksheet, your learners will learn about labor markets, equilibrium wages, price floors, and who exactly would...
ProCon
Minimum Wage
The first ever minimum wage in America was set at 25 cents per hour in 1938 and has been steadily, if slowly, increasing ever since. Using the provided website, pupils decide if the United States should further increase the federal...
Curated OER
Chapter 28: Wage Determination
Answer questions on minimum wage and labor models with this economics presentation. Thorough and precise, these slides make a great accompaniment to a lecture on labor and wages. A list of key terms allows viewers to readdress and...
Federal Reserve Bank
Unintended Consequences
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
School Improvement in Maryland
Socio-Economic Goals of the Government
Equity. Increased productivity. Price stability. Environmental protection. Decreased poverty. Governments establish socio-economic goals and then must design and fund programs to address these goals. Groups investigate various programs...
Curated OER
Should the State of Michigan raise the minimum wage from $5.15 of $7.15 per hour?
High schoolers evaluate the effects of raising the minimum wage on employers. Define specific advantages/disadvantages of raising the minimum wage. Formulate and argue the pros and cons of minimum wage increase with given data.
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Curated OER
Wages, Salaries, and Such
Students investigate the economics of a job by computing wages based on days, weeks and years. In this vocational instructional activity, students complete hourly wage worksheets based on employment information. Students utilize...
Curated OER
Pricing Your Craft Worksheet
This cross-curricular activity could be used to teach economics, business, practical math, and more. Learners pretend they are craftspeople and choose a craft to market. Using a graphic organizer and provided models, class members...
Curated OER
Problems on Factor Markets
In this Problems on Factor Markets worksheet, students answer questions about various economic problems or injustices. Some answers require diagrams.
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...
Curated OER
Labor Matters
Students examine the labor movement. In this labor issues instructional activity, students discuss the role of labor organizations and research their beginnings in order to better understand the debate over the Employee Free Choice Act.
Curated OER
Inflation and Unemployment
Twelfth graders are introduced to the relationship between inflation and unemployment. They define the employment and unemployment rate and practice calculating the figures. Analyzing minimum wage laws, they model a process for...
Curated OER
What Does It Cost?
Students study the challenges diverse people encountered in the late 19th century American society, how racial and ethnic events influenced America during the Progressive Era, and the conditions affecting employment and labor in the late...
Curated OER
Outsourcing Jobs to Other Countries: Is Globalization a Threat to American Workers?
Students analyze the effects of outsourcing. In this globalization lesson, students listen to their instructor present a lecture regarding the outsourcing of American jobs to other countries. Students respond to discussion questions and...
Curated OER
Making Good Investments
Young scholars compare different aspects of investing money from traditional savings accounts to money market accounts. They research investment accounts at local banks and compare them.