Curated OER
Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Curated OER
Making Healthy Eating Choices for You and Others
Learners use the USDA food guide pyramid to choose items for a balanced diet. In this food pyramid activity, students play a game naming the items and their foo groups. Learners participate in cross curricular activities to become...
Curated OER
What is Economics?
Students define economics; Explain the importance and process of making economic choices and decisions; Identify the factors of Production; Determine the goal of entrepreneurship. Students identify and describe the difficulties...
Curated OER
Economics: The Scarcity Principle
Learners discover how scarcity leads to economic choices. They examine its effect on individuals, business, and governments. Students simulate various scenarios to determine the role scarcity plays in each.
Curated OER
Sharing is Caring
Learners sharpen their problem solving skills. In this service learning lesson, students work collaboratively to solve a problem involving scarcity.
Curated OER
Making Choices With Scarce Resources
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...
Curated OER
Food Insecurity
Explore food insecurity and resource scarcity with your class. They discuss the sharing of scarce resources, how to be good caretakers of these resources, and how choices impact the entire world.
Visa
A Plan for the Future: Making a Budget
From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.
Curated OER
The Game of Business
High schoolers practice the economic concepts of scarcity and opportunity cost. They imagine creating their own businesses and brainstorm what they need to know in order to determine when the business is profitable.
Curated OER
Beach Burgers
Twelfth graders develop economic literacy of basic economic problems confronting all societies. Economic decision making, scarcity to make choices, economic confronts, market system, prices, demand curves and supply curves are all covered.
Curated OER
Spend, Save, Invest or Donate (9-12)
High schoolers explore the concept of personal finance. In this philanthropy lesson, students examine decisions they make about money as they discover the definitions of philanthropy, resources, scarcity, choice, benefits, costs,...
Curated OER
Economics
Fourth graders study the effects of economics in their daily life. In this economics lesson, 4th graders construct a list of wants and needs if they had an unlimited supply of money. Students discuss how economics help people make...
Curated OER
Money and Credit: Making Good Decisions
Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Curated OER
Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
Curated OER
Popcorn Economics
Young scholars examine the concept of scarcity. For this economics lesson, students define scarcity and take part in an activity that illustrates the concept as it relates to goods and services.
Curated OER
Introduction to Economics
Students discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
Curated OER
You Can't Have it All
For this economic worksheet, 7th graders read about the ideas of choice as well as scarcity for producers and consumers. Students then complete three activities based on economic choices.
Curated OER
Social Studies Integrated with Writing Lesson Plan
First graders access prior knowledge about goods and pricing. In this scarcity activity, 1st graders understand the meaning of scarcity and how it effects people. Students prepare for a boat trip and choose three things to bring with...
Curated OER
Economic Forces
Students explore the economic forces of scarcity and choice. They examine how these forces affect the management of personal financial resources, shape consumer decisions, and the economic well-being of society. Students research stock...
Curated OER
Lemonade Stand
Students plan a lemonade stand to compete with another stand and examine their decisions from the consumer and producer's point of view. They discuss the law of supply and demand, plan for their lemonade stand, and write an essay...
Council for Economic Education
Tapped Dry: How Do You Solve a Water Shortage?
Students, after evaluating different allocation methods for water, determine the costs and benefits of each method.
Bowland
Water Availability
Just how scarce is water in different parts of the world? Through these water lessons, young data analysts use provided data to investigate the scarcity of water in countries of the Middle East and Africa. They use ratios and rates to...
Curated OER
Economic Goals and Measuring Activity
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish....
Curated OER
Hey, Mom! What's for Breakfast?
Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...