New ReviewWe know that businesses can make a profit and improve their worth, but can a nation do the same? Scholars investigate the Gross Domestic Product in the seventh video lesson of a 10-part economic series. They analyze how a nation creates...

New ReviewCan people take the temperature of the economy to check its overall health? The 13th installment of a 21-part Economic Lowdown podcast series investigates the concept of the gross domestic product (GDP). Scholars research the goods and...

The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...

Why doesn't the government provide all goods and services if we pay taxes? Pupils investigate the difference between public and private services. They analyze their communities together with an interactive classroom model and...

You're never too young to learn about banking and personal finance. Use a set of seven banking lessons to teach middle schoolers about checking and savings accounts, interest rates, loans and credit cards, and safety deposit boxes.

What is the difference between a good and a service? After introducing your youngsters to this fundamental economic concept, offer this worksheet as practice or to assess their new understanding.

Youngsters categorize images of a grocery bag, a teacher delivering a lesson, a construction worker, etc. as either goods or services. This worksheet includes seven small pictures that can be cut and pasted into an appropriate category.

Nepalese farmers are faced with long, arduous journeys to sell their crops (including tomatoes) to the local markets at the bottom of the mountains. With this in mind, your young engineers will be challenged to build a model that can...

You can't always get what you want, but you might just be able to teach your class about wants and choices. This plan leads pupils through a discussion and closes with a worksheet and assessment.

The reading passage here uses the example of the American colonies to introduce imports and exports. After reading the text, class members respond to five questions, which require pupils to find facts in the text and form opinions about...

Teach your class about saving, spending, and goal setting with a story about a couple of bunnies who went shopping and related activities. Learners keep track of the bunnies' spending, practice identifying long- and short-term savings...

Take a look at the concept of economic inflation. Supply and demand, price adjustment, and new regulations are all considered to help explain why inflation impacts all goods and services. Pass-through theory and cost-push inflation are...

Go back to the year 2002 and analyze data trends related to international trade of goods and services. Great data and background information are provided. Learners use this to answer five critical analysis questions. Tip: Since data is...

Who fixes the swings at the park? The class creates a community bulletin board to explore the goods and services provided for their community in both the private and government sectors. They discuss taxes, consumers' wants and needs, and...

What do pizza, jeans, and gold have in common? Give up? They are all products that require natural, human, or capital resources to be mined or produced. They also require a market price that can fluctuate with the ebb of supply and...

Students explore the interdependency of goods and services. For this interdependency lesson, students explore the process of production and discover that many natural goods go through several processes before they arrive at stores.

Using his example of a growing village bank, Sal (the narrator) explains the ins and outs of the banking business, mostly from the perspective of the banker. This point of view can be helpful for people who see the bank as an institution...

As an introduction to the institution and function of banks in society, this video walks viewers through the concept of banking with colorful annotations and simplified narration. The lecture evolves naturally into a discussion about...

Contemplate the nature of economics with your class. They'll read examples, work through problems, an analyze data to better understand the Law of Demand. Basic economic concepts such as resources, goods, service, consumers, producers,...

Here is a well-developed series of lessons designed for second graders which will lead them to a greater understanding of what makes up a community. Here are some of the essential questions addressed in the lesson plan: Who helps you in...

Middle schoolers explore the different types of work places, and types of goods and services produced in Colorado during the 20th century. The write an acrostic poem about one type of work place. Some interesting vintage photographs are...

Using children's picture books and role-playing activities, youngsters begin to learn about personal finance management. These lesson plans are engaging and intend to endow pupils with skills for making wise decisions with money as they...

How do we decide what to buy? Empower your economists to spend their money wisely through this introductory consumer choice activity. Learners read a passage on wants and needs, scarcity, and tradeoffs. Next, students personalize the...

Help your class stinguish between goods and service. They identify the difference between people who provide goods and people who provide services within the community.This lesson includes several online interactive games and activities...