Curated OER
Coal Supply and Demand
A hands-on simulation perfect for an economics lesson plan, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their...
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
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
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
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...
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...
Curated OER
Demanding Celebs: Business Studies
Celebrities and economics? Business or economics classes discuss how different celebrities' stocks have been affected by supply and demand. They track the news to identify factors that impact value, discuss and justify their choice of...
Federal Reserve Bank
Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and...
Curated OER
Supply and Demand - Everyday Life
Students investigate the concept of supply and demand and determine how it relates to their everyday life. They explain how economic stability or affluence affect supply and demand.
Texas Education Agency (TEA)
Prices in Private Enterprise System
Learning sure is in demand! Pupils explore the economic principle of supply and demand with a series of engaging, hands-on activities. They practice comparison shopping for a bottle of soda, conduct research on ticket scalping, and...
Curated OER
Making Sense of the World Economy
Students apply the economic principles of supply and demand, market economy, competition, unemployment rate, exports and imports and currency exchange rate to China's present economic success and Russia's economic strife.
Curated OER
Farming: It's a Fact
What does it take to work in agribusiness? Conduct and explorative investigation which describes where our food dollars go, who makes money on what we buy, and jobs related to agriculture. The class plays an interactive game, analyzes a...
California Academy of Science
Sustainable Food Solutions: Weighing the Pros and Cons
A growing demand for sustainable food systems comes from schools and even some cities. So what are some solutions? Scholars consider four different ways to approach sustainable food solutions and list the pros and cons of each. The fifth...
Curated OER
A LOT OF THIS FOR A LITTLE OF THAT
Students describe the import and export of agricultural products and gain a comprehension of the concept of supply and demand. They discuss exports and imports. Students have small world maps on each desk, they identify the countries...
Curated OER
Economics: Elasticity of Prices
Students discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.
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...
Curated OER
Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven lesson with a lot of interesting information.
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...
Curated OER
Introduction To Markets - Lesson Plan: 1 X 1 Hour Lesson
Students study the concept of a market. They determine the different purposes of buyers and sellers. They look at the utility of an item and how the value for money affects the decision making of consumers.
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
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.
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...
Curated OER
Porcelain And Trade Economics
Students discover the concepts of importing and exporting through the study of Asian luxury goods, in particular porcelain. This instructional activity includes resource links to primay source images.