Consumer Action
Talking to Teens About Money
Your teenagers are probably very good at spending money, but how good are they at managing it? Teach class members about banking, checking accounts, interest rates, car insurance, and many other relevant concepts with a series of...
Federal Reserve Bank
The Free Silver Movement and Inflation
Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...
EngageNY
Conducting a Simulation to Estimate the Probability of an Event
How can you complete a simulation when it is not practical to determine the probability of an event? Class members learn that in some situations, it is not feasible to find the probability of an event, but they can estimate it by running...
Carolina K-12
Barter and Money
You want five pigs, but you only have four bails of hay. How will you manage to get what you want? A great simulation begins this instructional activity with why the use of money has replaced the process of bartering. Then, after...
EngageNY
Conducting a Simulation to Estimate the Probability of an Event II
Add some randomization into simulations. The 11th installment in a series of 25 presents two new methods to use in simulations--colored disks, and random numbers. Pupils use random numbers to run simulations where the probabilities make...
Curated OER
Presidential Elections: A Simulation
Feeling ambitious about getting your scholars examining the election process? While this presidential election simulation will take preparation, the ensuing enthusiasm will be worth it! Using one or more large classes, 12th graders are...
Carolina K-12
The Federal Reserve and Monetary Policy
How does the Fed manipulate the money supply in the United States? After reading a comic book on monetary policy and answering guided questions, your class members will participate in an interactive online simulation in which they will...
Shodor Education Foundation
Estimating With Fire
Watch the damage from a forest fire in this interactive simulation activity that challenges learners to estimate the burn area using different approaches. Learners are given a worksheet to track the different burn patterns and practice...
Carolina K-12
The US Financial System
Here is a unique activity in which learners simulate operations of a fractional reserve banking system, ultimately gaining a better understanding of how banks work and process money creation through lending. It includes a Story of Banks...
Foundation for Water & Energy Education
How Can Work Be Done with Water Power? Activity C
Third in a set of lessons regarding reservoirs, dams, and hydropower, this involves a two-day hydropower plant simulation. Collaborative groups build, maintain, and finance the plant. The transparency of the reservoir setup can be...
EngageNY
The Difference Between Theoretical Probabilities and Estimated Probabilities
Flip a coin to determine whether the probability of heads is one-half. Pupils use simulated data to find the experimental probability of flipping a coin. Participants compare the long run relative frequency with the known theoretical...
American Statistical Association
Exploring Geometric Probabilities with Buffon’s Coin Problem
Scholars create and perform experiments attempting to answer Buffon's Coin problem. They discover the relationships between geometry and probability, empirical and theoretical probabilities, and area of a circle and square.
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...
Council for Economic Education
Satisfaction Please! (Part 3)
Understanding the US government's role proves very important in the American economy, especially for consumers. Scholars learn about how varying government agencies help them when facing an issue. The third and final resource in the...
Delegation of the European Union to the United States
The Single Market and Free Trade
What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.
Federal Reserve Bank
Turn Your Radio On
After listening to and analyzing a series of FDR's Fireside Chats, groups create their own recordings, and using New Deal programs, address a current economic condition.
Mathalicious
Pic Me!
Finally! Math and Instagram have come together to discuss the correlation between likes and followers. High schoolers can't help but want to discover what makes one account more popular than another by developing a line of best fit and...
Federal Reserve Bank
What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
Federal Reserve Bank
Government Spending and Taxes
What types of government programs are designed to improve economic inequity in the United States? Introduce your learners to government programs, such as low-income housing, Social Security, and Medicaid, how they work to improve...
EngageNY
Interpreting the Graph of a Function
Groups sort through NASA data provided in a graphic to create a graph using uniform units and intervals. Individuals then make connections to the increasing, decreasing, and constant intervals of the graph and relate these connections...