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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
1
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Center for Civic Education

The Power of Nonviolence: What Is Nonviolence? What Does It Cost?

For Teachers 6th - 12th Standards
Your young learners will delve into the language of primary source documents in order to identify the characteristics, benefits, and costs of nonviolence. The lesson includes a mix of activities, including an anticipatory activity,...
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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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Assessment
Carolina K-12

Sample Test: Economics

For Students 9th - 12th Standards
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
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Lesson Plan
Visa

Money Matters: Why It Pays to Be Financially Responsible

For Teachers 9th - 12th Standards
What does it mean to be financially responsible? Pupils begin to develop the building blocks of strong financial decision making by reviewing how their past purchases are examples of cost comparing, cost-benefit analysis, and budgeting.
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Lesson Plan
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Council for Economic Education

Inflation Data: Is the Economy Healthy?

For Teachers 9th - 12th Standards
What stories do current trends tell about society, fashion, and the future? Scholars investigate the concept of inflation and its impact on the future of the American economy. They compile current economic data to determine the level of...
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Lesson Plan
Federal Reserve Bank

Unintended Consequences

For Teachers 9th - 12th Standards
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
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Organizer
Curated OER

Pricing Your Craft Worksheet

For Students 11th - 12th
This cross-curricular activity could be used to teach economics, business, practical math, and more. Learners pretend they are craftspeople and choose a craft to market. Using a graphic organizer and provided models, class members...
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Lesson Plan
Curated OER

Opportunity Knocks, But It Costs, Too!

For Teachers 6th
Sixth graders write a reflection piece, outlining each of the decision-making steps they have used and what decision they have decided upon, which includes possible solutions, as well as possible outcomes for each solution. They also...
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Lesson Plan
Curated OER

Economic Reasoning: Why Are We A Nation Of Couch Potatoes?

For Teachers 9th - 10th
Students examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.
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Worksheet
Curated OER

Market Failures

For Students 12th - Higher Ed
Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...
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Lesson Plan
PricewaterhouseCoopers

Risk Management and Insurance: Insurance Costs and Considerations

For Teachers 9th - 12th
Compare the different types of insurance with high schoolers, and have them learn the benefits and costs of medical, auto, and home policies. The resource addresses what makes some insurances more costly and what teenagers can do to find...
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Lesson Plan
Curated OER

The Economic Way of Thinking - About Everything

For Teachers 8th - 12th
Students write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.
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Lesson Plan
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Museum of Tolerance

The Price of Personal Responsibility

For Teachers 9th - 12th Standards
A reading of Patrick Henry's "Speech in the Virginia Convention," Henry David Thoreau's "Civil Disobedience," and Rev. Martin Luther King, Jr.'s "Letter from Birmingham Jail" launch a discussion about the price one is willing to pay to...
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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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Worksheet
Curated OER

Thinking in an Economic Way

For Students 9th - 12th
In this economics instructional activity, students respond to 7 short answer questions that challenge them to look at economists as individuals who see people as rational decision makers. As students answer the questions, they should...
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Lesson Plan
Curated OER

Costs & Benefits

For Teachers 10th - 11th
Students reinforce the concept of the true costs being what is given up by doing something -- normally referred to as opportunity costs.
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AP Test Prep
College Board

2018 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
How much should Nirali study for her history and economics exams if she has a limited amount of time for both? Scholars consider opportunity cost in using this real-world scenario from College Board. Other questions include looking at a...
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AP Test Prep
College Board

2013 AP® Microeconomics Free-Response Questions

For Students 10th - 12th Standards
People often set off fireworks to celebrate. What is the cost of the annoyance of their neighbors? Economics help answer that question! Learners consider this problem, along with prompts on price and competition, using College Board...
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Lesson Plan
Curated OER

Energy Audit

For Teachers 5th - 6th
Students collect data about energy usage and use mathematical calculations to analyze their data. In this energy conservation and statistics math activity, students survey their homes to complete an energy usage worksheet. Students...
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Lesson Plan
American Psychological Association

Research Ethics

For Students 9th - 12th Standards
Psychologists designing experiments to research human behavior must consider weighty ethical concerns. Class members act as members of an institutional review board and examine proposals to determine whether included provisions...
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Lesson Plan
Curated OER

Conflict Transformation

For Teachers 6th - 12th
Students analyze the usefulness of conflict. In this conflict resolution lesson, students will examine several real life conflict scenarios. Students will analyze these conflicts in terms of there costs and benefits to determine weather...
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Lesson Plan
Council for Economic Education

You Can BANK on This! (Part 2)

For Teachers 3rd - 5th
This is part two in a four-part instructional activity on banking and personal finance. In this instructional activity, learners analyze whether or not they have made a good purchase, then discuss how to make an informed decision about a...
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Lesson Plan
Curated OER

Who Benefits From Trade?

For Teachers 7th - 12th
Young scholars work together in groups to determine the benefits of a product. They discuss how their product relates to statements given to them by their teacher. They present their findings to the class.

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