What exactly is perfect competition, one of the four market structures, in economics?

Sal is starting a cupcake factory and walks learners through the cost and profit calculations necessary to any new business. He uses simple numbers for the start-up costs, overhead, product price, and cost per cupcake. Sal writes out the...

This video continues to use the business model of a cupcake factory and explains how prices are driven.

The continuation of the lecture regarding a cupcake business. Sal gives some very clear and relevant examples of the costs and profits within the different circumstances that may occur. He references an excel spreadsheet that is...

Yes, it's a word problem but you have all the information you need to solve it. You have a formula, and they have given you a value to plug in. So get to it and write out the formula, plug in the value and solve this word problem.

Yes, it's a word problem but you have all the information you need to solve it. You have a formula, and they have given you a value to plug in. So get to it and write out the formula, plug in the value and solve this word problem.

Fourth graders read "Starting a Business" and answer the question: "How could you design an ad to let the community know about the business described in the story?" Then, they illustrate a written ad that could be posted in the...

Ever need a short activity or assignment to fill a few minutes? If you do, look at this chapter quiz. It contains 10 super questions, all related to cost-benefit, e-commerce, and profit. A good way to productively fill some time.

Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.

Learners discuss income and expenses. In this lesson on money, students define income and expenses, after whith they keep track of their income and expense transactions on a basic ledger.

Students consider concepts of banking introduced in the story, "Basket of Bangles." In this banking lesson, students identify key terms through recall questions interspersed in the story. Using five handouts and a game, students compare...

Students investigate the maximization of profit in business.  In this Economics lesson, students examine revenue and cost to calculate profit and investigate what productions quantity gives the company maximum profit. 

Pupils investigate financial applications of mathematics in this mathematics instructional activity. They will investigate equations that represent a company’s income, expense, and profit functions and use those equations to identify...

Third graders cut open a pumpkin. In this math instructional activity, 3rd graders complete the worksheet "From Seed to Pumpkin" and then clean out their pumpkins to see how many seeds are in it.

Students graph systems of linear inequalities. In this linear programming and profit instructional activity, students explore linear programming problems. They graph a feasible region in a linear programming problem and identify the...

Students analyze the concept of profit and loss, the components of a simple profit and loss statement and the importance of a profit and loss statement. They calculate profits using gross income, total expenses and cost of goods sold....

Seventh graders see the relationship of math and the real world application by manufacturing a product for making a profit. They create a food product from a recipe, record their sales and analyze and report their gross profit.

Students interview employers and employees at local coffee shops about sales and profits and create graphs comparing and contrasting information obtained about the businesses.

Young scholars assess both negative and positive incentives associated with credit card use. They identify profit as an economic incentive for banks to offer credit cards.

High schoolers explore the concept of technology. In this technology lesson, students read an article about television on a cell phone. High schoolers discuss why MobiTV was successful. Students discuss a technology and possible...

Students explore the concept of company expansion. In this company expansion lesson, students read an article about FedEx and how it was able to expand. Students discuss how FedEx was able to expand. Students discuss reasons a product...

Students conduct and analyze a survey about snacks. In this graphing lesson, students ascertain which snacks would be the best choice for the community. Students hold a sale and decide how the money could best be spent for the school...

Students learn how a business starts and finds financial independence. In this lesson, students learn the struggle of financial management, the costs of running a business and how to keep a budget.