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Lesson Plan
Curated OER

Popcorn Economics

For Teachers 4th - 8th
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.
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Lesson Plan
Curated OER

Introduction to Economics

For Teachers 11th - 12th
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.
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Lesson Plan
Curated OER

You Can't Have it All

For Teachers 7th
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.
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Lesson Plan
Curated OER

Social Studies Integrated with Writing Lesson Plan

For Teachers 1st
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...
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Lesson Plan
Curated OER

Economic Forces

For Teachers 8th - 12th
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...
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Lesson Plan
Curated OER

Lemonade Stand

For Teachers 3rd - 5th
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...
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Lesson Plan
Council for Economic Education

Tapped Dry: How Do You Solve a Water Shortage?

For Teachers 9th - 12th
Students, after evaluating different allocation methods for water, determine the costs and benefits of each method.
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Lesson Plan
Bowland

Water Availability

For Teachers 6th - 8th
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...
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Lesson Plan
Curated OER

Economic Goals and Measuring Activity

For Teachers 9th - 10th
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....
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Lesson Plan
Curated OER

Hey, Mom! What's for Breakfast?

For Teachers 3rd - 6th
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...
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Lesson Plan
Curated OER

Mucket Mania: The Mussel Industry in Arkansas

For Teachers 7th - 12th
Middle and high schoolers read and discuss articles about the mussel industry in Arkansas. They pay close attention to the history of pearling and button making industries on the Black and White Rivers of Arkansas. This impressive,...
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 9th - 12th
Young scholars explore the concept of opportunity cost. Classmates discuss, orally and in writing, a time when they had to make a choice when all choices seemed worthwhile. They explore the impact of making decisions when resources are...
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Lesson Plan
Curated OER

What Will I Do?

For Teachers 8th
Eighth graders investigate future career choices by looking at classified ads in the newspaper. They consider their lifestyle choices when looking at career options. They prepare a written essay which details how they will prepare for...
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Lesson Plan
Curated OER

Supermarket Smarts

For Teachers 9th - 12th
Students examine how a consumer can make informed choices. They visit stores with a prepared shopping list, record the prices on a spreadsheet, create graphs, and create a Powerpoint presentation comparing the total cost of stores and a...
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Lesson Plan
Curated OER

Spend, Save, Invest or Donate

For Teachers 6th - 8th
Students explore the concept of philanthropy. In this personal finance lesson, students consider economic choices and why people donate to causes. Students investigate the processes of borrowing money and investing money in the lesson as...
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Worksheet
Curated OER

Production Possibilities & Opportunity Cost

For Students 12th
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
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Lesson Plan
Curated OER

Basic Trading

For Teachers 2nd - 6th
Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...
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Lesson Plan
Curated OER

Ethical Consumer Choices in the Global Village

For Teachers 3rd - 5th
Students identify an issue and provide several reasons to support a position. They describe ways members of a community meet one another's needs. Students explain their roles, rights, and responsibilities within the community.
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Lesson Plan
Curated OER

Introduction to Economics

For Teachers 1st - 3rd
Students demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from personal...
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Lesson Plan
Curated OER

The Case of Vanishing Farmland

For Teachers 9th - 12th
High schoolers consider decisions about how to use resources that are in short supply. Students role-play different perspectives in a land-use simulation, and examine land use issues around the world. This interesting instructional...
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Lesson Plan
Curated OER

Edwin Perkins: A Nebraska Success Story

For Teachers 4th
Fourth graders explore the life of the inventor of Kool-Aid to unearth concepts of a market economy. Vocabulary presented helps support the learning process.
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Lesson Plan
Curated OER

Budgeting Your Financial Resources

For Teachers 7th - 12th
Students explore the aspects of making a budget. In this money management lesson, students learn the importance of budgeting and what all goes into creating a budget by eventually creating a budget of their own including how much they...
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Lesson Plan
Curated OER

Teaching Economics Using LUNCH MONEY

For Teachers 3rd - 6th
Students, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if the...
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Lesson Plan
Curated OER

What is Economics?

For Teachers 11th - 12th
Students define economics and explain the importance and process of making economic choices and decisions. Students participate in four lessons revolving around economics and select activities to complete.