Council for Economic Education
A Lesson on the Supply and Demand of Toy Fads
Let's all Hula Hoop! Scholars research the supply and demand side of toy fads in the United States. They analyze video clips and news articles to complete graphs on how the supply curve slope works in concert with the demand for products...
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 lesson that focuses on OPEC and...
Council for Economic Education
What's the Big Deal about Spices?
Today's gourmands don't consider spices to be the equivalent of silver and gold. During the middle ages, however, these commodities were precious. People back then used spices in religious ceremonies, to cure rotten food, and as a show...
Curated OER
The Business of Agriculture
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
Carolina K-12
Supply, Demand, and Market Equilibrium
An auction simulation, PowerPoint presentation, and candy M&Ms® are the perfect tools to help your learners understand the concept of supply, demand, and diminishing marginal utility. Here you'll find a thorough lesson plan that...
Curated OER
Lesson 9: Tracking Commodities
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
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...
Federal Reserve Bank
Once Upon a Dime: Middle School Lesson Plan
Once Upon a Dime ... a group of middle schoolers wanted to learn about economics! Teach them complex economic concepts like supply and demand through a resource that effectively simplifies the explanations. Pupils work through various...
Carolina K-12
Battle Behind the Pumps
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why oil prices are increasing. They will then simulate being members of a committee...
National WWII Museum
Rationing by the Numbers: Quantitative Data as Evidence
What was it like to live on wartime rations in the United States during World War II? Young historians find out by exploring how those on the home front bought food thanks to the ration system. Other data includes statistics on car sales...
Council for Economic Education
Green Eggs and ...Economics?
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
Council for Economic Education
Sand Art Brownies
Which is better, Coke or Pepsi? Pupils analyze the concept of substitute goods as they investigate the choice to purchase alternate products for better prices. Fun and practical, the engaging shopping exercise helps savvy scholars get...
Federal Reserve Bank
Once Upon a Dime: High School Lesson Plan
Who knew that fairy tales and economics go hand-in-hand? Pupils complete a host of handouts, using everything from graphic organizers to short answer questions to reinforce concepts. They also complete a project that builds on everything...
Council for Economic Education
Wages and the Black Death
While the Black Death wiped out a third of Europe's population during the Middle Ages, its destruction paved the way for better wages for workers and even an early form of modern capitalism. The relationship between the cataclysmic event...
C3 Teachers
Economics of Slavery: How Did Cotton Sow the Seeds of Panic?
An inquiry-based lesson challenges high schoolers to research and identify the economic forces and inventions that impacted the cotton industry. Researchers consider how the use of slavery impacted the economic growth of the United States.
Smithsonian Institution
Cuban Missile Crisis
The United States—specifically John F. Kennedy—played a large role during the Cuban Missile Crisis. A history resource poses questions that encourage critical thinking as well as in-depth analysis of images from the time period.
Curated OER
America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
Curated OER
Mucket Mania: The Mussel Industry in Arkansas
Middle and high schoolers read and discuss articles about the mussel industry in Arkansas. They pay close attention to the history of pearling and button making industries on the Black and White Rivers of Arkansas. This impressive,...
Curated OER
Will You Pick My Cotton?
Use this cross-curricular history lesson to work on your students' informational writing skills. After listening to songs and stories related to Sultana, they engage in a several activities to boost their understanding of slavery and...
Federal Reserve Bank
Crowding Out
This is an incredible resource for teaching your young economists about the loanable funds market and the concept of crowding out. It includes a hands-on, physical activity that serves as a metaphor to help explain the economic practice.
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