Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Arkansas Economics
The Bead Game
What better way to learn about different economic systems than to participate in them? An engaging bead game highlights the differences between market, command, and traditional economies. In small groups, 6th graders work through three...
Curated OER
Lesson 9: Tracking Commodities
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
Curated OER
Economics
Students simulate operating a coal mine and calculating the expense of mining operations by choosing a chocolate chip cookie, buying tools to mine the chocolate chips and using paper money to pay for the expense of mining.
Curated OER
Coal Supply and Demand
A hands-on simulation perfect for an economics lesson, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their cost. Simulate...
Curated OER
Pollution or Prevention?
Students examine potential contamination on the environment due to products and by-products of a new industrial process. Students conduct a lab that explores the economic differences between choices of pollution cleanup and prevention.
Curated OER
Swamps, Shrimp, and Tsunamis: A Simulation of Sustainable Development Issues in Coastal Ecuador
Students examine the economic benefits, environmental losses and dangers of the shrimp farming industry on the coast of Ecuador. They read a script, role-play people involved in the shrimp business, and write an essay of the pros and cons.
Carolina K-12
Learning About the Federal Budget: “Get a Pencil, You’re Tackling the Deficit!”
Your class members have been selected by the president to help solve the budget crisis as part of a special deficit commission. After learning about fiscal policy, economic theories, and the federal budget through a detailed PowerPoint...
Education Fund
Fear the Scarce Resources
In a life or death situation, what resources would you choose to survive—and why? A zombie attack simulation teaches learners the concepts of scarcity and resources in regards to economics. The hands-on activity requires individuals to...
Curated OER
Money Simulation (mini economy)
Students participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.
Curated OER
Economics and emissions
Eighth graders produce a manufactured good and monitor energy consumption. In this Math lesson, 8th graders practice their basic math and accounting skills. Students participate in a business simulation.
Curated OER
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.
Council for Economic Education
Preparing a 1040EZ Income Tax Form
Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...
Curated OER
The Economy
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...
Curated OER
The Canada-US Auto Industry Simulation and Economies of Scale
Students examine the U.S./Canadian trade relationship. In this economics lesson, students participate in a simulation that requires them to use economies of scale to trade laterally.
National First Ladies' Library
Eleanor Roosevelt: Economics, Discovery and Daily Life
Examine the causes and effects of the Great Depression and the role of Eleanor Roosevelt during the era. Pupils take an inventory of their home for wants and needs, and conduct online research on The Great Depression. They then convert...
Carolina K-12
Choice, Conflict, and Compromise at the County level
With all the hubbub surrounding national elections, it's easy to forget the importance of local government. After learning about county governance and voter turnout for local elections, young citizens demonstrate how local governance...
Council for Economic Education
Satisfaction Please! (Part 3)
Understanding the US government's role proves very important in the American economy, especially for consumers. Scholars learn about how varying government agencies help them when facing an issue. The third and final resource in the...
Curated OER
Mining and Land Reclamation - A Classroom Simulation
Students simulate mining mineral resources using cookies. In this earth science lesson, students analyze the cost and profits in mining. They write a lab report about the activity.
Curated OER
Working It Out
Students participate in a simulation in which they are arbitrarily assigned different work roles and compare their experiences to those discussed in a New York Times article about the racial divisions in a pork production plant.
Curated OER
Calculating Profits from Selling Virtual Lemonade
Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology lesson, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider weather...
Curated OER
Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
Curated OER
Site and Situation: Right Place at the Right Time
Students put their geography skills to work. In this geography skills instructional activity, students research maps and other primary and secondary sources to simulate the site selection process for the Pennsylvania Railroad Shops post...
Curated OER
Budgeting
Students establish budgeting techniques. In this Economics lesson, students work in small groups to prepare a budget for a simulation activity, purchasing new playground equipment.