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...

Young scholars 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.

Students 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...

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

Third graders cut open a pumpkin. In this math lesson, 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 lesson, students explore linear programming problems. They graph a feasible region in a linear programming problem and identify the profit lines. ...

Learners 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.

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

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

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

Students conduct and analyze a survey about snacks. In this graphing instructional activity, 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...

High schoolers 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.

Learners explore profit and risk. In this economics lesson, students read about McDonald's and Nabisco stock and discuss the risks and rewards of stock ownership. Printable worksheets ask questions about rights of stock owners and the...

Students role play as business owners in order to learn about how certain aspects of business works. In this 3rd - 6th grade lesson plan, students experience creating and running their own business, including earning profits and...