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How Economic Systems Developed
Young scholars explain the basic functions of the various economic systems. As a class, they identify the main characteristics of capitalism and the advantages of division of labor and specialization. They describe the relationship...
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Economic Systems
Learners examine and identify the different economic systems throughout the world. In groups, they develop their own economy basd on their own values and principles. They are given a problem scenerio to solve with the components of...
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Arkansas- Economic System
Young scholars investigate how the six natural regions of Arkansas work together to form the economic system of the state. They read a paragraph and articles about the state and complete an activity that demonstrates interdependence....
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Elements of an Economic System
Students review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.
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Human Body Corp.
Learners investigate body systems by participating in a role-play activity. Third, fourth, and fifth graders pretend that they are an organ or system of the human body, and they must write a letter to the body "corporation" discussing...
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Economics Lesson Plan #2
Students work together to define key terms related to Economics. They rotate between posters as they discover new terms. They discuss how economies function.
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Economies
Learners discover different economic systems. For this global economy lesson, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other systems. This...
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Open & Operating: The Federal Reserve Responds to September 11
Students investigate the purpose of a central bank. In this economics/consumer mathematics lesson, students explore the actions of the Federal Reserve after the events of September 11, 2001. Students investigate the role of...
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The Money Circle
High schoolers investigate the Federal Reserve System. In this Mathematics/Economics lesson, students explore the role of the Federal Reserve in promoting a stable economic environment. In this multi-lesson unit of study,...
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Transportation Systems: Two Liter Boat Activity
Students design and build full-size boats made out of two-liter plastic bottles, chicken wire, and plywood. Then they race the boats, with the boat's designers "manning the hull", in the school's swimming pool.
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Ecological Footprint--How Does The Way We Live Affect Earth?
Learners demonstrate an awareness of the global implications of decisions that individuals and families make about their needs and wants. They identify environmental and health issues related to the production and consumption of food....
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Who, What, Where, When, and Why
Learners explain the concepts of market system, command and mixed economy. They describe the differences between needs and wants. They compare and contrast different government and economic systems.
Federal Reserve Bank
The Story of the Federal Reserve: Middle School Lesson Plan
After reading the charming cartoon about the United States Federal Reserve, pupils often need to complete activities to retain their learning. The resource does a wonderful job of using class discussion and various written exercises to...
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Voyage to the Planets
Students examine the planets in the solar system. In this planetatry lesson students complete a project using a WebQuest program.
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The Federal Reserve
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Food Systems Feed the World
Fifth graders explore nutrition by viewing video clips discussing world hunger. In this malnutrition instructional activity, 5th graders discuss the reasons people cannot afford food in rural areas and read assigned text discussing our...
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It's Getting Hot in Here
Discover the environmental and economic impact of global warming. After reading an article, emerging environmentalists identify how different countries are responding to the Kyoto Protocol. They research emission laws and write a news...
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NAFTA Trade Unit
Students research the geography, economics and government of Canada and how that affects US/Canadian trade relations. In this NAFTA lesson, students play a game, read about Canadian history, and creat a graph.
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The Basic Questions: What, How, and For Whom?
Learners review the various types of economic systems. As a class, they identify the three basic economic questions: what?, How?, and For Whom?. Using capitalism as an economic system, they discuss how each question is answered.
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Japan's Economic Miracle
Students brainstorm a list of characteristics a person would need to make a good employee. In groups, they describe the attributes a person would need in various occupations and share their answers with the class. They discover how...
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Space Age Technology Comes to Earth
Both GPS and GIS are now used regularly in agricultural careers. Explore the new technologies that require higher education for those interested in agri-science careers. Upper graders examine how agriculturalists use new technologies by...
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Saving Strawberry Farm
Students explore U.S. History by analyzing the Great Depression. For this economic instability lesson, students read fictitious accounts of a farm dealing with the loss of a Strawberry Farm and discuss the reasons behind the loss....
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Planning a Government
Demonstrate the complexities of running a government with this group activity. Young politicians are arranged into small groups and become leaders of a hypothetical country (outline of country provided). Groups must outline 6 (listed)...
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Turning Brain Drain into Brain Gain
Students investigate the PACED system as it relates to making good decisions. In this economics lesson, students define brain drain and its effect on the community. They use the PACED idea to come up with a solution to the problem.