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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
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
High schoolers 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

Spend, Save, Invest or Donate

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

Production Possibilities & Opportunity Cost

For Students 12th
For 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

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.
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Lesson Plan
Curated OER

Children's Literature

For Teachers 6th
Introduce the students to basic economic concepts and types of economic systems and develop the an understanding of how economic choices involve costs and consequences; provide introduction to rural America circa 1920 and compare to our...
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Lesson Plan
Council for Economic Education

Production Possibilities Curve

For Students 9th - 12th Standards
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
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Lesson Plan
Curated OER

PRODUCTION, CONSUMPTION, AND INCENTIVES

For Teachers 5th
Fifth graders design a web page. They include features he or she would typically like to see when visiting web pages. They title the topic of the web page "Features That Make a Great Web Site." They explain that there are incentives...
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Lesson Plan
Curated OER

"Real Life" Budgeting Project

For Teachers 6th - 8th
Students experience what it is like to be a responsible citizen through a monthly budget through using a variety of research skills. They apply collected data in a decision making exercise and present the final product in a clear and...
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Lesson Plan
Curated OER

Current Events and Prices

For Teachers 9th - 12th
High schoolers read a recent article about the likelihood of a decrease or increase in prices of a specific consumer good. Using the Internet, they examine current events and make predictions about their effect on the economy. They write...
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Lesson Plan
Curated OER

Andersonville Prison: A Civil War Economic Microcosm

For Teachers 9th - 11th
Students develop the concept of economic systems. In this economic system instructional activity, students create command and market economic systems.
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Lesson Plan
Curated OER

Life in a Soviet Household

For Teachers 9th - 12th
High schoolers simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
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Lesson Plan
Curated OER

Inside the Vault-Entrepreneurship

For Teachers 9th - 12th
Students explore entrepreneurship. In this economic study lesson, students take a pretest on attitudes, review characteristics that make up an entrepreneur, review a list of famous entrepreneurs, and create a 5 minute oral presentation...
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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...