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Cotton in My Sack
As part of a study of saving choices and opportunity costs, class members listen to a reading of Lois Lenski's Cotton in My Sack, and then evaluate the spending choices made by the Hutley family.
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First Grade Economics Unit
First graders begin by studying the differences between a "good" and a "service". They compare items to each other to help comprehend the differences. They also look into the differences between buyers and sellers and how the choices...
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Can't You Make Them Behave, King George?
Fifth graders describe the changes in King George III's policy toward the American colonies by sequencing key events between the French and Indian War and the American Revolution. They explain the colonial reactions to command decisions...
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The Leaves in October
Students determine whether or not to save or spend and defend a decision. In this personal finance activity, students identify opportunity cost of various spending and saving decisions. Students read a story where two girls share...
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Life is Starting to Change
Students investigate the tough economic times by discussing supply and demand. In this economics instructional activity, students read a news article and identify specific examples of the oil crisis that has touched their lives....
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Frozen Price Game
Students participate in an economics game which demonstrates the advantages of price allocation over other methods.
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Introduction To Economics
High schoolers examine the fundamental nature of economics - unlimited wants and scarce resources and the need to make choices, the three questions related to the economic problem and its implications for an economy. This lesson plan...
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Rebuild Your Community
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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Financial Planning for Catastrophe
High schoolers examine the case of The Gulf Coast and relate it financial importance. In this financial planning lesson plan, students watch a video and then begin to analyze how to plan for the unexpected by reviewing the financial...
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Credit: Buy Now & Pay Later
Students examine credit and how it works. In this financial literacy lesson plan, students review the pros and cons of credit in order to purchase goods and services by answering provided questions and working within a group to come up...
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Good Will - Three Chinese Stories
Students listen to The Seven Chinese Brothers and identify tall tale elements in it. They brainstorm ways they could help each other in school. They create a banner reflecting the style and art of Chinese decorations and clothing in the...
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Economics Unit I - The Basics
Twelfth graders access how scarcity requires individuals and institutions to make choices about how to use available resources. They explore the characteristics of different economic systems and institutions. Student are able to describe...
California Department of Education
My Future Lifestyle
Mortgage, insurance, car payments...how much money will your learners need to support their desired lifestyle? Part three in a six-part college and career readiness lesson plan series tasks young job seekers with creating a monthly...
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Comparing Costs
Students compare the costs of two cellular phone plans and determine the best rate. They use a table and a graph of points plotted on a Cartesian plane to display their findings. Students write an equation containing variables that could...
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Calculating the Cost of a "Sound Basic Education"
Students state their opinions about school funding and the use of monetary resources by school districts and use reasons, facts, and examples to support their ideas. They compare sets of data related to school funding and draw...
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How Much Does That Car Cost?
Students calculate how much it costs to buy a used car and finance it through a bank. They select a car from the newspaper, conduct Internet research on current auto loan interest information for four different states, and create a...
PBS
America's Infrastructure: Miller Center National Discussion Debate Series
Junior high and high school learners study infrastructure and its relationship to the current economy. They review handouts, watch a PBS clip, and review case studies in order to answer provided questions and role play over their views...
Federal Reserve Bank
On the Court with... Michael Jordan
Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.
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Glo Goes Shopping
Making decisions can be very difficult. Show your class one way to evaluate choices with this lesson, which is inspired by the book Glo Goes Shopping. Learners practicing using a decision-making grid with the content of the story and a...
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The Theory of Comparative Advantage
Students take a closer look at comparative advantage. In this economics lesson, students discover details about opportunity cost, comparative advantage, and absolute advantage. Students participate in a simulation that requires them to...
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I'm in Business, Now What Do I Charge?
Students determine what price must be charged in order for an entrepreneur to breakeven and to make a profit. They calculate the breakeven price, identify opportunity costs, and write a paragraph explaining what costs should be used for...
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Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
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M&M Interesting
Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...
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Smart Consumers, Smart Choices
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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