Federal Reserve Bank
The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination
Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for higher...
Council for Economic Education
Using an Excel Checkbook
High school is the time that many scholars get their first jobs. Help young entrepreneurs apply economic principles to crucial skills for their new jobs and for functioning in society in general. They use Excel to balance a checkbook by...
Curated OER
A Matter of Accountability
Pupils conduct a mock trial focusing on environmental accountability of industrialized nations. As an example, they evaluate evidence provided on carbon dioxide emissions. They participate in a mock trial of industrialized nations by the...
Curated OER
Identifying Opportunity Cost
Students work together to examine the concept of opportunity costs. They complete a practice problem and solve other problems during the class period. They share their solutions with the class.
Curated OER
Finance and Accounts 2: Analysing Accounts
Young scholars use the key accounting ratios for profitability, liquidity and performance and calculate appropriate ratios. They interpret the results of the accounting ratio used.
Federal Reserve Bank
Banking on Debit Cards
What are the advantages and disadvantages of using a credit card versus a debit card? What are the costs of using a debit card irresponsibly? Here you'll find a lesson on key concepts that every learner should know regarding personal...
Curated OER
Finance and Accounts 1: Basic Principles
Students distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
Curated OER
Simulation and Accounting Practices
Students implement their knowledge about accounting practices into a simulation activity. In this secondary consumer/business math lesson, students participate in a simulation centered on the life of the people during the gold rush. ...
Curated OER
Falcon's Fruit Stand: Cost of Merchandise Sold
Students, in groups, explore the Cost of Merchandise Sold by using a box of Runts candy and 3 snack Ziploc bags.
Curated OER
Opportunity Cost
Students explore the concept of opportunity cost. Classmates discuss, orally and in writing, a time when they had to make a choice when all choices seemed worthwhile. They explore the impact of making decisions when resources are...
Curated OER
Free Enterprise -- Product Cost
Students are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with the class.
Curated OER
Accounting -- Journalizing Purchases and Cash Payments
Students comprehend what a partnership is, how a merchandising business is set up, what a vendor is, how to use invoices, as well as journaling purchases for cash and on account. They get an introduction, review games, and are quizzed on...
Curated OER
Complete Adjustment Column of a Worksheet
Students take turns reading pages in their Accounting text concerning worksheets. They watch as the teacher demonstrates the concept-starting with two, buying 4 and ending with one, they see that the one remaining box must be considered...
Curated OER
Graphic Accounts
Students identify the use of different types of bar graphs. They analyze graphs used in the New York Times to compare the estimated cost of the war in Iraq to other hypothetical expenditures and reflect on how graphs can help illustrate...
Federal Reserve Bank
Making Sense of the Ups and Downs of Prices
What are the consequences and costs of inflation? What is CPI, and how do we calculate it? This resource answers these questions in an organized and in-depth manner, and also includes a learning exercise of follow-up questions designed...
PricewaterhouseCoopers
Planning and Money Management: Financial Plan
More planning goes into a budget than a high schooler thinks. Here, they learn about the expected expenses and incomes, along with outside factors such as natural disasters. Learners prepare their own budget and adjust it based on the...
Federal Reserve Bank
Money and Inflation: A Functional Relationship
What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading...
Curated OER
Perform Accounting Functions
Students practice performing various accounting functions. Given analysis records, they prepare cost and revenue analysis based on specific criteria. They complete handouts and review their answers as a class. They also discuss the...
School Improvement in Maryland
Monetary Policy
As an introduction to monetary policy, groups investigate and evaluate the effectiveness of current monetary and fiscal policies on promoting full employment, price stability, and economic performance. They then apply monetary tools to...
Federal Reserve Bank
A Penny Saved
Budgeting, net vs. gross pay, savings, and fees are all key elements of personal financing and essential for your class members to learn about as young adults.
Curated OER
Chapter 7: Measuring Domestic Output, National Income, and the Price Level
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
College Board
2002 AP® Microeconomics Free-Response Questions Form B
The government catches a firm in the act of polluting. What will happen to the company's profits? Learners consider the question and others using authentic College Board materials. Other problem sets examine wages and labor and price...
Curated OER
The CPI and You
Learners examine the consumer price index (CPI). In this economics instructional activity, students explore how the cost of living and inflation indicate the CPI. Learners complete activity worksheets in this instructional activity.
Curated OER
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI worksheet, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...
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