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Lesson Plan
Council for Economic Education

Cost/Benefit Analysis: Three Gorges Dam

For Teachers 6th - 8th
Students, in groups, take various roles in evaluating the costs/benefits of the Three Gorges Dam project on the Yangtze River in China.
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Lesson Plan
Council for Economic Education

The Economics of Income: If You’re So Smart, Why Aren't You Rich?

For Teachers 9th - 12th Standards
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...
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Lesson Plan
Council for Economic Education

Timing Is Everything

For Teachers 9th - 12th
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
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Lesson Plan
Curated OER

Recording Artist and MP3 Players

For Teachers 8th - 10th
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,...
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Lesson Plan
Council for Economic Education

New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou

For Teachers 9th - 12th Standards
Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...
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Lesson Plan
Curated OER

Frozen Price Game

For Teachers 10th - Higher Ed
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
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Lesson Plan
Curated OER

Philanthropy in Michigan? Civil War Lesson 3: Why Should I Do Philanthropy?

For Teachers 3rd - 5th
Learners investigate the personal benefits a person can attain from performing philanthropic acts. They think about opposing viewpoints regarding choices, decision-making and consequences. They interview a person regarding their...
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Lesson Plan
Curated OER

Labor Markets

For Teachers Higher Ed
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.
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Lesson Plan
Curated OER

To Move or Not to Move? Decision Making and Sacrifice

For Teachers 6th - 8th
Students examine the motivations that prompted people to move westward during the 19th century. They take on the role of an average citizen and weigh the costs and benefits of making such a move and decide if they would have participated...
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Lesson Plan
Curated OER

How Can You Decide Among Competing Responsibilities?

For Teachers 8th - 10th
Pupils study the characteristics of competing responsibilities. They read a article in which a person faces competing responsibilities and create a skit. Finally, they discuss how they would deal with the situation.
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Lesson Plan
Curated OER

Siting a New School

For Teachers 8th - 12th
Learners examine concerns of government and developers in deciding where to build a new school. They participate in a discussion simulation and complete a cost and benefit analysis of the alternatives.
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Lesson Plan
Curated OER

Smart Consumers, Smart Choices

For Teachers 9th - 12th
Students see what it means to be a smart consumer by engaging in a level-headed analysis of budget, opportunity costs and self-regulation. They compare prices within a service field, and weigh the choices of spending money on that item.
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Lesson Plan
Curated OER

Life on the Trails

For Teachers 4th
Fourth graders explore U.S. Geography by completing a worksheet. In this west coast geography lesson, 4th graders discuss the Santa Fe and Oregon-California trails and the people who traveled them in the 1800's. Students define...
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Lesson Plan
Curated OER

The Ice Cream Shop

For Teachers 2nd
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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Lesson Plan
Curated OER

Micro Economics - Personal Budgeting

For Teachers 9th - 12th
Students explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
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Lesson Plan
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Curated OER

To Give In or Not To Give In -- That Is The Question!

For Teachers 7th
Seventh graders discover how to make the best decisions given the information at hand. In groups, they role-play different roles in scenerios to help them deal with peer pressure. To end the lesson, they discuss why it is so hard for...
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Lesson Plan
Curated OER

STAR Deputies, Unite!

For Teachers 2nd
Second graders work in small groups to brainstorm solutions to safety situations. They use the STAR safety model worksheets and role play as STAR deputies. Based on the scenario presented on the worksheet, they develop skits that show a...
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Lesson Plan
Curated OER

Yellow Pages Ad-dition

For Teachers 3rd - 12th
Young scholars 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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Lesson Plan
Curated OER

Urban Renewal

For Teachers 11th
Eleventh graders write down their best guess at the meaning of "urban renewal." students stage a Mayor's press conference announcing a new urban development plan for the Fillmore.
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Lesson Plan
Curated OER

Seeking a Balance in International Trade: Pacific Rim Import-Export Transactions Activity

For Teachers 12th
Twelfth graders explain the concepts of marketing, comparative advantage and the uses of monetary policy to affect markets.
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Lesson Plan
Curated OER

The Business of Credit

For Teachers 7th - 12th
Learn about credit ratings and how it plays a role in the function of small businesses. Learners use their knowledge of good and bad credit to role play and determine good credit vs. bad credit in the area of small businesses.
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Lesson Plan
Curated OER

Budgeting Your Financial Resources (The Mint)

For Teachers 7th - 12th
Students plan and maintain balanced budgets.
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Lesson Plan
Curated OER

Atomic Bomb Debate

For Teachers 9th - 12th
High schoolers research the decision to end World War II by dropping the atomic bomb.  In this world history lesson, students explore information on the atomic bomb and the decision of the tactics to use it.  They also watch a video and...
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Lesson Plan
Curated OER

M-N-M COMMITTEE

For Teachers 12th
Twelfth graders research present day monetary policy and read about future suggestions for money. They then create a plan that describes the physical look of money in the future and how it will be distributed in the next millennium.

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