Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Curated OER
How Can Entrepreneurs Control Costs?
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
Curated OER
Production and Costs
Learners discuss the concept of productivity and participate in an activity in which they test their own productivity in making Origami cups. Teams determine how to improve productivity and then discuss factors that influence...
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 Price Is Right - TV Game Show
Students play variation of TV game show "The Price is Right" to identify coins and their values.
Curated OER
Life in a Soviet Household
Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
Curated OER
Fish Farm: an open ended, student centered laboratory activity
Young scholars are contacted by a fictitious company which raises tropical fish to do basic research for them so that they might keep their production costs down. They need to know the optimum salinity in which to hatch the brine shrimp...
Curated OER
Economics: Actions of Government
Students examine the susceptibility of legislators to agricultural lobbyists to support subsidy programs. In small groups, they role-play as members of interest groups that might be affected by inflation.
Curated OER
Consumer Borrowing and Spending
Credit can be confusing for teens, some of whom are already using credit cards. Clear up misconceptions with this group research activity which has a solid outline with a lot of room to adjust to your needs and resources. Groups are...
Curated OER
Specialization and Voluntary Exchange
Studnets participate in a trading simulation game in which they experience the effects of trade and how trade can increase wealth.
Curated OER
A Visit to Price Chopper
Students visit the grocery store to purchase items to make trail mix which are connected to Kansas agriculture. They problem solve to determine which products to buy, then create, advertise and sell the trail mix to the student body...
Curated OER
The Price Is Right - Grocery Store Prices
Eighth graders use the unit price to compare which local grocery store has the best prices. Assign students to work with a partner and a role. One person is the recorder and the other is the mathematician.
Curated OER
Surfing Amusement parks
Students must surf the Internet to find out how much it cost for his or her family to go to amusement parks in California.
Curated OER
Centuries of Economic Growth: From Feathers to Robotics
Students read scenarios about the production of Bibles over five historical time periods. Working in small groups, students create skits and develop a retrieval chart that is used to analyze factors that impact economic growth.
Council for Economic Education
What Do People Want to Wear?
Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...
California Academy of Science
Optimal and Sustainable: Renewable Energy Revamp
More than 100 cities around the world have shifted from fossil fuels to renewable energy sources. Scholars investigate a city wanting to make this switch, but needs help determining how to make the shift. Groups consider all options,...
Curated OER
Teaching Marketing Through Auctioning
Students explore the marketing concepts of product, price, promotion and place through the auction activity.
Curated OER
Recording Artist and MP3 Players
Students explore the concept of being a recording artist. In this recording artist lesson, students determine the costs of producing various music products such as a demo tape, 8-track tape, and a record deal. Students discuss supply,...
Curated OER
Is My Business Your Business?
Students examine how businesses practice sound waste management. They discuss how to plan a business, identify how to make the least impact on the environment in planning a Kool-Aid stand, and complete Business Costs Worksheets for the...
Curated OER
Bird Seed Mining
Students search through the seed mixture and separate out our "mine" beads, sunflower seeds, and other grain products, making piles of each. students count up the number of gold, silver, and blue beads, and sunflower seeds from their piles
Curated OER
Labor Markets
Students examine labor markets by participating in an employer/employee simulation and in group discussions. They discuss mandated employee benefits and predict the effect they have on various parties.
Curated OER
Spending=Q X P Module
High schoolers view a series of of short animated modules to relate the total spending in the economy to production and prices. They use this information to simulate the economy of a town called Spendsville. In the simulation, they...
SMART Project
Shop with Us at Whelan School
Third graders use their math and research skills to create and manage a classroom/school store. They use a computer to manage, organize and access information. They practice pricing products, computing sales, counting money and making...
Curated OER
Marketing a Child Care Service
Students explore the concepts of marketing (product, promotion, price, place) through the process of promoting themselves as child care providers. They explain the four P's of Marketing and how they are used in business and in society....
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