New ReviewProfit always seems to get everyone's attention. The same is true during a lesson plan on estimation. Learners use given information to estimate the cost of supplies for a painting job. They then develop a strategy for estimating the...

New ReviewIs it possible to be an underpaid millionaire? Using the economic concepts behind the salaries of Major League Baseball's athletes, scholars investigate profit and production. By comparing the success of a baseball team as tied to wins,...

Every political theory needs a devil's advocate. Discussing Karl Marx with your classroom creates a healthy debate about the pros and cons of the capitalistic system and government. Last in a series of 13, the video includes primary...

Advertising is everywhere! Does your class know that their attention span is for sale, even when they're watching a simple news story? The second installment in a five-part series from iCivics examines the relationship between news...

Design, build, and market a house from start to finish. A detailed lesson plan requires learners to design a scale model and then research costs to create a building plan. Once they sell their houses for a profit, they choose an...

When items are difficult to find in stores, they are often found selling on auction sites for a higher cost. Scholars analyze the closing bid price as it relates to the number of days after the release of a popular gaming system. They...

After a full day of selling lemonade, three friends split the cost of the profit money. If the total profit was $34.20, how much will each friend get?

Find the best way to maximize the profit. Pupils graph four constraints of a pet-sitting company, using a revenue equation to find a maximum amount the sitters can earn. By using the equation, scholars determine the number of cats and...

Profit from this resource on linear inequalities. A slider interactive lets users see how the profit on band ticket sales changes with the number of tickets. A set of challenge questions provides some situations for learners to consider.

Hats off to those learning about the graphs of functions. Individuals use an interactive to plot points representing profits for a hat business. They identify a quadratic equation to represent this function and answer challenge questions...

Profit from this interactive on graphing and interpreting functions. An interactive allows learners to plot a square root function representing a company's profits. They answer some challenge questions that require interpreting this...

Mr. Wormwood, one of the characters in Roald Dahl's Matilda, is not the most trustworthy of characters. Have student groups take on the roles of car salespeople and play a game to see who can make the most profit by selling refurbished...

Help a company maximize their profits! A detailed project-based learning activity examines two production scenarios. Your young scholars write a linear demand function. They then apply the function to develop a revenue, cost, and profit...

Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...

You'll return to this resource again .. .and again ... and again. Class members determine the maximum profit of a boomerang-making business by solving a system of equations. They then review and analyze provided sample responses to the...

I scream, you scream, we all determine the amount of ice cream! �Pupils calculate the amount of ice cream flavors needed based on survey results in a short summative assessment. They determine the number of tubs and cost of ice cream to...

Send your enthusiastic entrepreneurs' career sense into motion with a business-minded lesson plan. They review and dissect business plans before applying their findings to their own business venture. Scholars then identify whether or not...

Bridge the gap between mathematics and Career Technical Education. Pupils research the cost associated with building storage sheds and analyze possible profit. They build scale models and determine if building and selling the sheds is a...

What is the difference between the way an accountant calculates profit versus the way an economist calculates profit? Discover one take on the issue offered by Mr. Clifford, who reviews the concepts of explicit costs, implicit costs, and...

Before loaning a friend money, what factors would you consider and why would you lend it? Your young economists will face questions like these in a lesson on banking, profit, risk, and reward, which includes the reading of the book...

No need to waste time plotting out each and every graph for your eager young economists. This PowerPoint presentation includes plots and graphs representing marginal revenue, marginal cost, average total cost, and demand for a monopoly,...

What exactly is perfect competition, one of the four market structures, in economics?

Sal is starting a cupcake factory and walks learners through the cost and profit calculations necessary to any new business. He uses simple numbers for the start-up costs, overhead, product price, and cost per cupcake. Sal writes out the...

This video continues to use the business model of a cupcake factory and explains how prices are driven.