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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

Cell Phone Interview

For Teachers 9th - 12th
Are there benefits to comparison shopping? Yes, even with cell phones. It's important to know which carrier is best and why. Learners interview a family member about his choice in cell phone carriers, and compare that person's choice to...
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Lesson Plan
Illinois State University

Tragedy, Triumph, or Trespass?

For Teachers 8th - 10th Standards
Did westward expansion really live up to the dream of adventurers for a new life and opportunities for land and resources? While designed for a flipped classroom, try using this resource to evaluate primary sources alongside your class!...
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Lesson Plan
Curated OER

Why Nations Trade

For Teachers 8th - 9th
Young scholars discuss international trade. In this trade lesson, students read about comparative advantage and the benefits of international trade. Young scholars perform a skills test to determine their individual specialization areas...
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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
Curated OER

Sustainable Dining

For Teachers 7th - 10th
Learners identify consumer products and sustainable foods. They calculate the differences in prices and applying those prices to the cost of a meal. They also discuss the costs and benefits of buying sustainable products.
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Lesson Plan
Curated OER

Siting a New School

For Teachers 8th - 12th
Students 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

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
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

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

Life on the Trails

For Teachers 4th
Fourth graders explore U.S. Geography by completing a worksheet. For 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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Handout
Federal Reserve Bank

Would Increasing the Minimum Wage Reduce Poverty?

For Students 9th - 12th Standards
Here is a fantastic and relevant question to discuss with your class members. Using detailed reading material and a related worksheet, your learners will learn about labor markets, equilibrium wages, price floors, and who exactly would...
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Lesson Plan
Curated OER

Rebuild Your Community

For Teachers 9th - 12th
Students explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development lesson, students watch a video from the Nightly Business Report and explore what all it takes to make up a...
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Lesson Plan
Curated OER

Selecting the Best Material to Use While Solving Technological Problems

For Teachers 7th - 8th
Students examine natural resources and discuss their pros and cons.  In this sustainable environment lesson, students describe reasons to use specific resources when faced with different problems, specifically why wood is a great...
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Lesson Plan
Curated OER

Inflation and Money

For Teachers 10th - 12th
Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.
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Lesson Plan
Curated OER

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

For Teachers 3rd - 5th
Students 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
Council for Economic Education

Green Eggs and ...Economics?

For Teachers 9th - 12th Standards
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
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Lesson Plan
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WindWise Education

When is a Wind Farm a Good Investment?

For Teachers 6th - 12th Standards
When will a wind farm pay for itself? Individuals calculate the anticipated annual revenue for two proposed wind farms. By comparing the number of years it takes to pay back the initial investment, they determine which site makes the...
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Activity
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Council for Economic Education

Out of Africa: Why Early Humans Settled around the World

For Teachers 5th - 8th Standards
Why would someone want to leave home? The age-old question is at the center of a thought-provoking activity. Scholars consider why humans move around the world both during pre-historical times and today using a PowerPoint, reading on...
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Lesson Plan
Curated OER

Making Choices With Scarce Resources

For Teachers 9th - 12th
Students examine the role of scarcity and how to allocate resources. They describe examples of opportunity costs and tradeoffs. They choose a service project based on a cost and benefits analysis. They finally evaluate the impact of the...
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Lesson Plan
PBS

Could You Start a Business?

For Teachers 7th - 12th
High schoolers learn how a business starts and finds financial independence. For this lesson, young scholars learn the struggle of financial management, the costs of running a business and how to keep a budget.
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Lesson Plan
Curated OER

Sustainable Dining

For Teachers 7th - 12th
Learners evaluate the how their product choices impact the environment. They discuss the concept of sustainability in agriculture. Students give reasons for buying sustainable food products. A cost-benefit analysis concerning sustainable...
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Lesson Plan
Curated OER

Chapter 30: Government and Market Failure

For Teachers 10th - 12th
Complete with a navigation tool and list of key terms, the slides in this presentation are bursting with pertinent information for your young economists. From studying public goods to graphs that detail the collective willingness to pay,...
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Lesson Plan
Curated OER

Trash to Gas

For Teachers 6th - 8th
Students experiment with biomass materials as alternative energy sources. In this biomass material lesson, students participate in an experiment with cow manure to determine how it can be used as an energy source. They record their data...

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