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...

"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...

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...

Advertising is the primary tool used by businesses to tell consumers about the goods and services they sell in the marketplace. Businesses also use advertising to try to convince consumers to buy what they are selling. Advertisements do...

Middle schoolers will become online entrepreneurs, taking risks and changing their production method to increase their profit while running a lemonade stand. This lesson might best be taught after students have learned about the basic...

This lesson focuses on teaching students the basics about credit. It explains why credit is important, how to keep good credit and several of the terms that are associated with credit.

Students will visit "A Citizen's Guide to the Federal Budget" and use the federal government website to obtain information which will help them understand basic information about the budget of the United States Government for the current...

For this lesson, students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost of medical care...

In this lesson plan, students research the three basic types of business organization: sole proprietorships, partnerships, and corporations. Considering the advantages and disadvantages of each, they function as consultants offering...

This lesson helps students understand the basic services provided for Americans in the United States Constitution and the necessity of a system of taxation to fund those services. Students will debate the pros and cons of having...

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....

In this lesson plan 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...

This information is intended for AP Macroeconomics students or for those taking college macroeconomics. This lesson summary reviews key terms and concepts related to financial assets. Topics include the basic types of financial assets,...

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...

Have students compare "Needs" versus "Wants".