Students are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when there...

Students explore basic banking principles and the value of money as they probe into the lesson. The case of Gus Mahler is examined as students discover the money making dealings of the banking industry.

Focusing on supply and demand, learners discuss economic principles in this lesson related to Wisconsin. After discussing supply and demand, learners answer questions related to a pizza parlor. They talk about profit, as well as other...

Students study the basic economic trilogy (scarcity, choice, and costs). In this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...

Students 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.

Learners consider various economic terms, examine the impact of subsidies on farmers and other industries, write essays explaining the subsidy process, and illustrate through posters how subsidies affect both domestic and foreign markets.

How can having too little of something impact your life? Scholars investigate the concept of scarcity in their own lives and in the overall picture of the economy. Brainstorming activities as well as student-parent work bring to light...

Students identify the conditions faced by the prisoners of war at Andersonville during the Civil War. They examine how a group of civil war prisoners developed an economic system within their camp.

Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology lesson, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider weather...

Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.

Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...

Learners 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...

Upper graders explore the connection between interest and principal. They use an amortization schedule to determine the amount of principal paid vs interest on a $100,000 home loan. Fourteen discussion questions and a research-based...

Students differentiate among and explain various levels of economic development around the world. They see that levels of economic development vary greatly in different countries according to many different measures.

Students make an inquiry of concepts through the answering of a series of questions that cover governmental controls. The concepts of international trade are covered The exchange rates of trade are used and the elemeents appreciation and...

Students participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.

Learners determine how the financial institutions of a market economy help channel savings to economic investment. They complete worksheets based on a teacher-led demonstration.

Learners discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.

In a mini-lab, the class will prepare Hawaiian Haystacks to eat. A note-taking worksheet is included for learners to use during a PowerPoint presentation about six basic dietary guidelines. Most of the time required for this activity is...

A nice, neat PowerPoint accompanies this lesson plan, explaining each of the MyPlate dietary recommendations. Another PowerPoint gives the class the opportunity to apply the concepts of MyPlate on a worksheet. Recipes are provided for...

First graders explore the four basic needs. Through discussion, 1st graders discover that all people need food, clothing, shelter and love. They create a collage representing the four basic needs. Students sing songs about basic needs.

Students examine the U.S. trade deficit. In this global economics lesson plan, students read excerpts of selected articles and analyze economic reports to identify the implications of having a deficit. Discussion questions are provided.

High schoolers learn the characteristics of economic systems through problem solving, communication and representation. In this financial lending lesson, students use math to solve problems dealing with the economy today, to work with...

Students develop the concept of economic systems. In this economic system lesson, students create command and market economic systems.