Scholastic
Scholastic: Serving Up Economics
This lesson plan describes how students can use a restaurant setting to study the basic concepts of economics, while they learn business, math, and even get to eat.
Khan Academy
Khan Academy: Economic Systems, the Role of Incentives, and Circular Flow Model
A summary of the circular flow model which demonstrates the interdependence of households and firms in a market system.
Council for Economic Education
Econ Ed Link: The Changing Face of Money
In this lesson, students play a game to guess which objects have been used as money throughout history. In the process, they learn several basic economic concepts. For instance, money must be a unit of account, meaning that it must be...
Microsoft
Microsoft Education Lesson Plan: Making Money From Lemons
Simulation where learners apply mathematics and economics concepts in the lemonade business. Learners set up a virtual lemonade stand and must determine production costs, product variables, and profits. Students record data collected on...
Alabama Learning Exchange
Alex: Writing Roulette: Walmart Sells Everything!!!
As a part of the study of Economics, the students will cooperatively write an essay using terms associated with the basics of economics. In cooperative learning groups of four students will use a word list and prior knowledge to...
Khan Academy
Khan Academy: Changes in Equilibrium
Practice more challenging questions about changes in market equilibrium that happen when supply or demand (or both!) change in this exercise. This resource is designed as a review for the AP Macroeconomics Test or a college-level...
Khan Academy
Khan Academy: Utility Maximization
Practice applying the utility maximization rule in this exercise.
American Forum for Global Education
American Forum for Global Education: A Simple Chocolate Bar
This site is provided for by the American Forum for Global Education. Using a candy bar as a theme, students will explore their common link to other "systems on a global scale." Mutual dependence is a key concept taught in this lesson....
Khan Academy
Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs
An introduction to the concepts of scarcity, choice, and opportunity cost.
Department of Defense
Do Dea: Optimization the Basics
In this lesson, you learn how to apply the concepts of maxima and minima to any formula that is generated by business, economics, physics, etc. It is one of the most important applications of derivatives and will show up on your AP...
Khan Academy
Khan Academy: Lesson Summary: Introduction to Macroeconomics
This article summarizes the learning objectives and essential knowledge for the lesson on Scarcity. Here you will find key terms, key concepts, common misperceptions, and discussion questions to help you review what you have learned....
Other
Metal: Matrices [Pdf]
The resource is a lesson guide that teaches the basic mathematical concepts needed for teaching economics and financial economics. Topics include matrix transposition, matrix inversion, and operations with matrices. Applications of Excel...
Mocomi & Anibrain Digital Technologies
Mocomi: What Is Economy?
Overview of economics with an emphasis on basic economic terms and concepts.
Khan Academy
Khan Academy: Lesson Overview: Consumer and Producer Surplus
This lesson introduced the basics of a branch of economics known as welfare economics, which is interested in how the allocation of resources affects well-being. The most important concepts used in welfare analysis are total surplus and...
Khan Academy
Khan Academy: Ap Macroeconomics: Lesson Summary: Opportunity Cost and the Ppc
In this lesson summary, review the key concepts, key terms, and key graphs for understanding opportunity cost and the production possibilities curve.
Khan Academy
Khan Academy: The Production Possibilities Frontier
The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and...
Khan Academy
Khan Academy: Ap Macroeconomics: Lesson: Comparative Advantage/gains From Trade
In this AP Macroeconomics lesson summary from Khan Academy reviews and reminds about the key terms, graphs, and calculations used in analyzing comparative advantage and the gains from trade. Key concepts include how to determine...
Have Fun With History
Have Fun With History: Finance and Money
Module with video, activities and links to related resources explains basic concepts of money and finance, teaching us about the role of the Federal Rerserve System, U.S. Treasury and economics of the American family.
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
Science Education Resource Center at Carleton College
Serc: Mining: Least Cost Lab
Students will explore the basic cost of mining, transportation and manufacturing activities under the concept of Weber's least-cost theory. The goal of this activity is to simulate a basic cost analysis of ore mining and optimal location...
Council for Economic Education
Econ Ed Link: Lemonade for Sale!
Students will become online entrepreneurs, taking risks and changing their production method to increase their profit while running a lemonade stand. This lesson plan might best be taught after students have learned about the basic...
Khan Academy
Khan Academy: Lesson Summary: Supply and Its Determinants
In this lesson summary review and remind yourself of the key terms, graphs, and calculations used in the analysis of supply. Topics include the distinction between supply and quantity supplied, the law of supply, and the determinants of...
Khan Academy
Khan Academy: Lesson Summary: Financial Assets
This information is intended for AP Macroeconomics students or for those taking college macroeconomics. This lesson plan summary reviews key terms and concepts related to financial assets. Topics include the basic types of financial...
Khan Academy
Khan Academy: Lesson Summary: The Production Possibilities Frontier
Production Possibilities Curve (PPC) also called a Production Possibilities Frontier)is a graphical model that represents all of the different combinations of two goods that can be produced; the PPC captures scarcity of resources and...