Council for Economic Education
Opportunity Cost
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Federal Reserve Bank
Choices Are Everywhere: Why Can’t We Just Have It All?
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics.
Federal Reserve Bank
Piggy Bank Primer: Saving and Budgeting
Introduce young economists to basic concepts like unlimited wants, opportunity costs, saving, and budgeting with this workbook designed by the Federal Reserve Bank.
Council for Economic Education
Timing Is Everything
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
Curated OER
The REAL Cost of College
Learners explore the cost of college and how to plan and save. In this money management instructional activity students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and...
Curated OER
Choice, Opportunity, Cost and Decisions
High schoolers discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
Scarcity, Choice and Decisions
Students study the basic economic trilogy (scarcity, choice, and costs). In this money management instructional activity, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing...
Curated OER
Budgeting Your Financial Resources (The Mint)
Students plan and maintain balanced budgets.
Curated OER
Calculating the Cost of a "Sound Basic Education"
Students state their opinions about school funding and the use of monetary resources by school districts and use reasons, facts, and examples to support their ideas. They compare sets of data related to school funding and draw...
Curated OER
Consumer Borrowing and Spending
Credit can be confusing for teens, some of whom are already using credit cards. Clear up misconceptions with this group research activity which has a solid outline with a lot of room to adjust to your needs and resources. Groups are...
PLS 3rd Learning
Monthly Budget & Operating Costs
What teenager wouldn't want a car? But before they make that big purchase, this exercise helps them to understand the costs involved. It includes a worksheet to calculate expenses like taxes and fees, maintenance, gas and insurance, as...
Curated OER
Economics Budget Project
Your class members will have the opportunity to practice the valuable skill of constructing a personal budget using real-world resources, such as a car advertisement and grocery list. They will take into consideration monthly and yearly...
Curated OER
Budgeting Your Financial Resources
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...
Curated OER
Budgeting-It Is For Everyone
Students complete a simulation designed to show them the importance of budgeting and avoiding living paycheck to paycheck.
Curated OER
Invest In Yourself
Students learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson, students apply their knowledge of finance components and create their own web based plan...
Curated OER
Spend, Save, Invest or Donate (9-12)
Students explore the concept of personal finance. In this philanthropy instructional activity, students examine decisions they make about money as they discover the definitions of philanthropy, resources, scarcity, choice, benefits,...
Curated OER
What Can I Afford?
Students explore the costs of various cell phone plans, and various types of banking accounts to determine which one would yield the highest returns if the money saved from the cell phones were placed in different accounts.
Curated OER
Housing Project
Find everything you need for a two-week home construction simulation project for your high school economics class. They come up with the plans for a custom home including the cost per square foot, interest rate, mortgage term, down...
Curated OER
Financial Planning for Catastrophe
Students examine the case of The Gulf Coast and relate it financial importance. In this financial planning lesson, students watch a video and then begin to analyze how to plan for the unexpected by reviewing the financial components that...
Curated OER
Micro Economics - Personal Budgeting
High schoolers explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
Miami-Dade County Public Schools
Veteran's Day—Honoring All That Served
Looking for ideas on ways to recognize Veteran's Day? Check out this 92-page packet that includes exercises designed for all grade levels. Reading passages detail the history of the holiday, research projects get individuals involved in...
Curated OER
Eating Away from Home
Students consider the implications of eating out. In this family budgeting lesson plan, students determine how to make better meal-budgeting choices as they play a game called "Let's Eat Out".
Curated OER
Money Smart Choices
Learners make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal budgets.
Visa
Cars and Loans
What's the best way to pay for a car? Should I buy used or new? Can I realistically afford a car? Pupils discover the ins and outs of buying a car, from how to shop for car insurance to the advantages and...