Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
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Money Math
Young scholars define human capital and income earning potential. In this algebra lesson, students analyze the relationship between income and capital resources. They calculate tax rates and understand how to read a tax table.
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Economic Systems
Students 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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Little House In the Big Woods
Students explore economics by reading classic literature with their classmates. For this farm production lesson, students read the famous story Little House in the Big Woods by Laura Ingalls Wilder. Students complete handouts based upon...
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Which Came First-Democracy or Growth?
Students investigate economic growth and standard of living. In this economics instructional activity, students investigate the GDP per capita and how it affects the economy. Students differentiate nominal and real GDP.
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Examine Economic Factors That Influence Human Migration Along the U.S/Mexican Border
Students bring in their own article about immigration and how it is affecting their community. They summarize their article and brainstorm reasons why someone would immigrate to another country. They discuss push and pull factors.
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Inside the Vault-Entrepreneurship
Students explore entrepreneurship. For this economic study lesson, students take a pretest on attitudes, review characteristics that make up an entrepreneur, review a list of famous entrepreneurs, and create a 5 minute oral presentation...
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Employment Growth in America
Students examine the incomes that various jobs offer. In this economics lesson, students determine how education, training, market value, and productivity determine the income levels of professions as they listen to a lecture and...
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Resources
Young scholars watch a video in which they tour a factory. While viewing the video, they take notes on the types of resources they see and group them according to natural, human or capital resources. They discover the difference between...
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Products, the Environment and Consumer Choices
Pupils review the factors of production and how they are used to make the products they buy. In groups, they participate in different scenerios in which they discover the amount of power they have to affect change buy purchasing the...
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Classifying Resources
Learners discuss the difference between the three types of productive resources. In groups, they classify and organize examples into the correct category on a chart. As a class, they discuss how each type is used in the production of a...
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Egyptians as Engineers
Student design and build Lego vehicles that drag given amount of weight up an incline. They show how this demonstrates Egyptian methods of pyramid construction.