Social Studies Help Center
Social Studies Help Center: Basic Economic Concepts
This list of basic economic terms and concepts includes definitions of value, utility, and wealth.
Other
Educational Resources Information Center: Play Dough Economics
Who doesn't love to play with play dough? Imagine learning basic economic concepts by playing with play dough! The following document is a treasure trove of lessons geared towards teaching primary and elementary students economics...
Other
Classroom Clues: Children's Literature for Understanding Economics
How do you teach obscure economic concepts to younger elementary students? One way is through children's literature. This site has a large variety of children's picture books that teach various economic concepts such as supply and...
James Madison University
James Madison University: Online Middle School Economics Lessons
James Madison University has developed a variety of online economic lessons for middle school young scholars. Explore basic economic and financial concepts.
James Madison University
James Madison University: Online Elementary Economics Lessons
James Madison University has developed a variety of online economic lessons for elementary learners. Explore basic economic and financial concepts.
Council for Economic Education
Econ Ed Link: Work, Earnings and Economics: Using Lyddie by Katherine Paterson
In reading and discussing Lyddie, by Katherine Paterson, young scholars examine basic economic concepts and explore the growth of labor unions and the role of government in a market economy.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Economic Systems
Helps students discover the three basic economic questions and how each system answers these questions, identify several key advantages and disadvantages for each economic system, recognize some economic indicators that can measure...
James Madison University
James Madison University: Online High School Economics Lessons
James Madison University has developed a variety of online economic lessons for high school students. Explore basic economic and financial concepts.
Khan Academy
Khan Academy: Scarcity
Practice what you have learned about the role of scarcity in microeconomics, and other basic economic concepts, in this four-question exercise.
Other
Marietta College: Games Economists Play
This is an invaluable site from Marietta College which consists of over 130 non-computerized classroom games for economics. Would be great to use in a high school economics class. Games relate to a vast amount of economic concepts....
Econoclass
Econoclass: Resources for Economic Teachers
A site with resources for teachers teaching high school economics.
Other
Sukromne Gymnazium: The Study of Economics [Pdf]
An introduction to basic concepts in beginning economics.
Council for Economic Education
Econ Ed Link: Green Eggs and Economics?
Economic concepts are often found in places students have never considered, like children's literature. In this lesson plan, students will explore the various economic concepts addressed in five of Dr. Seuss' most popular books: The Cat...
EL Education
El Education: Economics Illustrated
This book was created by tenth grade students in San Diego, California. It combines student descriptions of economic terms and concepts with original student art that illustrates them. Students were supported by social studies and art...
Khan Academy
Khan Academy: Market Equilibrium, Disequilibrium, and Changes in Equilibrium
In this lesson summary review and remind yourself of the key terms and graphs used in the analysis of markets. Topics include how to use a market model to predict how price and quantity change in a market when demand changes, supply...
Khan Academy
Khan Academy: Lesson Summary: Demand and the Determinants of Demand
In this lesson summary review and remind yourself of the key terms, graphs, and calculations used in analyzing the demand for the good. Review the distinction between demand and quantity demanded, the determinants of demand, and how to...
Scholastic
Scholastic: Serving Up Economics
This lesson plan describes how students can use a restaurant setting to study the basic concepts of economics, while they learn business, math, and even get to eat.
Khan Academy
Khan Academy: Economic Systems, the Role of Incentives, and Circular Flow Model
A summary of the circular flow model which demonstrates the interdependence of households and firms in a market system.
Council for Economic Education
Econ Ed Link: The Changing Face of Money
In this lesson, students play a game to guess which objects have been used as money throughout history. In the process, they learn several basic economic concepts. For instance, money must be a unit of account, meaning that it must be...
Microsoft
Microsoft Education Lesson Plan: Making Money From Lemons
Simulation where learners apply mathematics and economics concepts in the lemonade business. Learners set up a virtual lemonade stand and must determine production costs, product variables, and profits. Students record data collected on...
Alabama Learning Exchange
Alex: Writing Roulette: Walmart Sells Everything!!!
As a part of the study of Economics, the students will cooperatively write an essay using terms associated with the basics of economics. In cooperative learning groups of four students will use a word list and prior knowledge to...
Khan Academy
Khan Academy: Changes in Equilibrium
Practice more challenging questions about changes in market equilibrium that happen when supply or demand (or both!) change in this exercise. This resource is designed as a review for the AP Macroeconomics Test or a college-level...
Khan Academy
Khan Academy: Utility Maximization
Practice applying the utility maximization rule in this exercise.
American Forum for Global Education
American Forum for Global Education: A Simple Chocolate Bar
This site is provided for by the American Forum for Global Education. Using a candy bar as a theme, students will explore their common link to other "systems on a global scale." Mutual dependence is a key concept taught in this lesson....