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Oklahoma Wheat on the World Market
Sixth graders explore profit and loss in the wheat trading market. In this sixth grade mathematics lesson/social studies lesson, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and demand and...
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Invest In Yourself
Young scholars learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson plan, students apply their knowledge of finance components and create their own web...
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"Breadline": The Great Depression Causes, Consequences and Recovery
Students compare prices of popular items of late 1920s to cost of those items presently, determine which companies are best in which to invest, analyze causes and consequences of stock market crash of 1929, and evaluate significance of...
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Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
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Checks and Balances
Students examine how bank checks work and follow the "journey" of a written check. They discuss how transactional accounts work, identify and discuss the various parts of a check, and participate in a simulated business transaction...
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Economics: Incentives, Profit, and the Entrepreneur
Young scholars discuss both positive and negative economic incentives. For this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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Is Capitalism Good for the Poor? | No More Slide Rules – The Costs and Benefits of Innovation
Students brainstorm a list of the benefits that Americans at all levels of society have enjoyed as a result of innovations in rail transportation/computers/microprocessors. They write a response from President Jackson to Martin Van Buren...
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The Ice Cream Shop
Second graders read books about ice cream and plan an ice cream sundae party for the class. They research ingredients and determine how much the party cost each student. They hold a mock opening for an ice cream store and have their party.
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Japan's Economic Miracle
Students explore the concepts of price and demand. In groups, pupils simulate the purchase and selling of land in Japan. They create a loan, and make decisions to buy or sell as the economic market fluctuates. Classmates discuss their...
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To Market to Market
Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...
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Lesson 11: Lowell Workers and Producers Respond to Incentives
Students explore concept of supply and demand and how changes in supply affect price and quantity of goods.
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Creating a Savings Chart
Student create a savings chart given a set allowance per week. They explain how people in the local community make choices about using goods, services, and productive resources, and how they compare costs and benefits in economic...
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Land Use Competition
Learners represent a specific interest in the business community and present a plan to develop a 4 square mile area into a productive venture that benefit the community.
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"Real Life" Budgeting Project
Pupils experience what it is like to be a responsible citizen through a monthly budget through using a variety of research skills.
They apply collected data in a decision making exercise and
present the final product in a clear and...
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Ponzi? An April Fool's Day History and Economics Lesson Plan
Students explore the concept of a Ponzi Scheme. For this economics lesson, students invest in a product called Thin-Cups. Students invest money in this product over the course of a couple weeks. Students discover how a Ponzi Scheme works...
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Cough...Cough...Yeah, I Smoke!
Learners become familiar with the adverse health affects caused by cigarette smoking, nicotine addiction, and how when combined they may eventually lead to other risky behaviors. They engage in a role play where they make choices about...
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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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Paris Peace Conference: Writing a Treaty to End World War I
How did World War I end? Tenth graders role play as experts from countries that were involved in World War I. They write a treaty to end the war and compare it to the Treaty of Versailles.
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ESOL Consumer Education
Students discuss the importance of reading and understanding price
tags, labels and expiration dates. They Compare/contrast the significance and practice of reading food labels, expiration dates and prices of food items in students'...
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Global Geography of Economics: The Indiana Steel Industry
Students are introduced to how steel is made and investigate the importance of the steel industry. They participate in a role-play that explores the concepts of taxes, tariffs and imports vs. domestic production.
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Un Fin de Semana en Merida
Students plan a weekend in Merida, investigating cost, activities, hotel information, and culture. They fill out a worksheet with the information they research.
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Yellow Pages Ad-dition
Students determine the revenue generated by sample pages from the Yellow Pages. They discuss the value of advertising a business in this venue. They use the local telephone directory and some fictitious ad rates to lead their inquiry.
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Limiting Trade
Read a narrative describing various types of trade restrictions, and then engage in a debate about a new tariff. Critical thinkers will evaluate arguments to determine who benefits and who is hurt by the new tariff. Consider assigning...
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Investment
Explore the effects of foreign investment on the world economy. Learners read the noted articles about foreign direct investment and foreign portfolio investment. Then participate in classroom simulation that requires them to determine...
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