Federal Reserve Bank
“Dewey Defeats Truman”: Be Aware of Data Revisions
Discover the impact and importance of data releases about current economic conditions in the United States. Your class members will learn about data revision and the GDP, and how these figures can alter people's views on the economy.
Federal Reserve Bank
Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and education.
Council for Economic Education
Mercantilists and the Midas Touch
What is the connection between greed and mercantilism? Historians consider this question by analyzing a fairy-tale like story about King Midas from the nineteenth century. The background information and excerpt help pupils understand the...
Curated OER
The Economics of Health Care
Health care is an industry that impacts every American. Study the economics behind the Health care industry in the US with this supplementary presentation. Intended for use with a McGraw-Hill textbook, these slides will help upper...
Federal Reserve Bank
Potato: A Tale from the Great Depression
There are so many ways to use a potato: bake it, fry it, or barter it. The lesson explains the concepts of bartering, money, and goods and services with a story that takes place during the Great Depression. Academics complete group...
Council for Economic Education
New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou
Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...
Curated OER
Take It To the Bank
Examine how the economics of a school store relate to real world economics. Elementary students explore various websites, complete a Venn diagram, create a schedule of wages for the students, read the book "A Chair For My Mother" and...
Utah Education Network (UEN)
Vocabulary Consumerism
If you receive poor service, should you contact the FDA or the BBB? Discuss important economic terms with a vocabulary practice page. Learners fill in the blanks after each concept and elaborate on its function in the economy.
Curated OER
Buying and Selling: Getting Cherries into a Pie
Kids keep score as they take on the roles of buyers and sellers in an agribusiness introduction. They play the game for five rounds, each round is made different by having a new economic element added, a discussion follows. Everything...
Curated OER
Reaganomics Debate
Young scholars examine the effectiveness of 'trickle down' economics. In this "Reaganomics" lesson plan, students use readings, analogies, discussion and debate to understand basic economic concepts. Young scholars will analyze the what...
Federal Reserve Bank
Sky Boys: How They Built the Empire State Building
How tall is the Empire State Building? Lead your class through a collaborative estimation activity to determine the number of quarters it would take to reach the top and teach the following concepts: human capital, human resources,...
Curated OER
The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a instructional activity that focuses on...
Curated OER
Cartoons for the Classroom: Defining Economics Visually
In this current events worksheet, students analyze a political cartoon about the economic concept of debt and equity and respond to 3 talking point questions.
Council for Economic Education
NOT Your Grandma's Lemonade Stand
Students participate in a WebQuest to apply economic concepts. In this economics lesson plan, students are guided to various websites and simulate being an entrepreneur.
Curated OER
Economics
Fourth graders study the effects of economics in their daily life. In this economics lesson, 4th graders construct a list of wants and needs if they had an unlimited supply of money. Students discuss how economics help people make...
Curated OER
What is Economics? An Economic Board Game
Students learn the fundamental concepts of economics as it relates to government.
Curated OER
Economics Lesson: The Real McCoy
Students research the origination of the expression "The Real McCoy." In this economics research activity, students read the book The Real McCoy. Students examine Elijah McCoy and his invention of the oil cup and how it relates to the...
Curated OER
Textbook Questions: Introduction to Economics
For this introduction to economics worksheet, students read the noted textbook pages and then respond to 4 short answer questions about the material they read.
Curated OER
Taxi: A Book Of City Words
First graders engage in a literature study that helps them to focus on the concepts of goods and services. They describe the various skills people may need at home, school, and work. Students create a map of businesses found in the city.
Curated OER
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 instructional activity with a lot of interesting information.
Curated OER
Producers, Consumers, Goods and Services
Second graders explore producers and consumers. In this social studies lesson plan, 2nd graders read a story and discuss the concept of producers, consumers, goods and services. Students portray various roles and discuss if they are a...
Council for Economic Education
Mansa Musa: Inflation Then and Now
Mansa Musa was so rich that his gifts of gold made the value of the metal drop throughout Africa. As he traveled from Mali to the Middle East to make hajj, his gifts were so extravagant, they devalued the gold already in circulation....
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...
Council for Economic Education
Inflation Data: Is the Economy Healthy?
What stories do current trends tell about society, fashion, and the future? Scholars investigate the concept of inflation and its impact on the future of the American economy. They compile current economic data to determine the level of...