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Lesson Plan
Curated OER

Lesson 9: Tracking Commodities

For Teachers 10th - 12th
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
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Worksheet
Federal Reserve Bank

What Do Financial Market Indicators Tell Us?

For Students 9th - 12th Standards
Explain the four categories of financial indicators (commodity prices, stock indexes, interest rates, and yield spreads), and help your class members understand how changes in this data can affect decisions regarding consumer spending,...
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Lesson Plan
Curated OER

The Business of Agriculture

For Teachers 4th - 8th
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
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Activity
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Council for Economic Education

What's the Big Deal about Spices?

For Students 5th - 8th Standards
Today's gourmands don't consider spices to be the equivalent of silver and gold. During the middle ages, however, these commodities were precious. People back then used spices in religious ceremonies, to cure rotten food, and as a show...
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Lesson Plan
Curated OER

Purchasing Flower Power

For Teachers 4th - 6th
Students fabricate decorative flowers to serve as a sales commodity. They assign value and prices to their flower stems. Students estimate and calculate costs using decimal points and place values in order to keep within a budget they...
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Lesson Plan
Curated OER

The Price of European Commodities in 1803

For Teachers 9th - 12th
High schoolers peruse actual price lists of European commodities dealers Strobel and Martini of Bordeaux, France. Each student creates a sales receipt of items that they have purchased from the French Brokerage firm. Students explore...
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Lesson Plan
Curated OER

Cartels and Competition

For Teachers 9th - 12th
Students work together in teams to role-play a cartel. Using that information, they all produce the same commodity and they are trying to make as much profit as possible. Each group completes a balance sheet and calculate the amount of...
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Lesson Plan
Curated OER

The Global Village and Trade

For Teachers 9th - 12th
Students analyze maps of trade patterns between the United States and other nations and identify factors that may influence the production of goods.
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Worksheet
Federal Reserve Bank

Money and Inflation: A Functional Relationship

For Students 9th - 12th Standards
What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading...
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Lesson Plan
Curated OER

Why Do Gasoline Prices React to Things That Have Not Happened?

For Teachers 9th - 12th
Students investigate how the price of gas is determined.  In this economics instructional activity, students analyze supply and demand and seasonal demand, create tables and graphs and reflect on consumer expectations.  
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Worksheet
Curated OER

Shifts in Supply and Demand

For Students 10th - 12th
Providing four supply and demand charts for your students' interpretation, Part A of this activity quizzes their comprehension skills with six questions below. In Part B, students analyze additional charts and choose whether or not the...
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Lesson Plan
Curated OER

Over a Barrel

For Teachers 2nd - 11th
Students examine oil reliance in Britain and around the world. In this oil crisis lesson plan, students discuss how oil is produced and consider the supply left in the world. Students also examine the influences of oil prices and...
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Lesson Plan
Curated OER

The Economics of Organic Agriculture

For Teachers 7th - 12th
Young scholars examine how organic agriculture affects farm profitability and how government programs affect organic agriculture.  In this organic agriculture  lesson students complete an activity on costs and returns. 
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Worksheet
Curated OER

Sky High Fuel

For Students 4th - 5th
In this fuel price worksheet, students examine a chart that shows fuel prices between 2001 and 2005. They compute the answers to 3 word problems in which they work with finding average. They complete an extension activity in which they...
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Lesson Plan
Curated OER

Market Game in Oil

For Teachers 9th - 12th
Young scholars work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
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Lesson Plan
Curated OER

That Was Then, This Is Now

For Teachers 3rd - 6th
Students examine the price of food over time. They analyze charts, perform math operations and compare and contrast data about the price of food. They complete worksheets while interperting the charts.
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Lesson Plan
Curated OER

Birdseed Mining Activity

For Teachers K - 12th
Students investigate how small amounts of minerals or metals are mined out of very large masses of rock using birdseed. They study the economics of valuable commodities. They look at environmentally conscious mining and how reclamation...
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Lesson Plan
Curated OER

The Stock Market: High School Economics

For Teachers 12th
High school economists learn about the stock market in a project where they "buy" and track stocks. The author of this resource reports it is the high point of her 12th grade economics course, but no resources are attached. After viewing...
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Lesson Plan
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Curated OER

Agriculture: It Doesn't Just Happen

For Teachers 6th - 8th Standards
After reading an informational text on the Agricultural Research Service, learners research the role of the ARS in Oklahoma. Using reputable online sources, they label a map of the state with relevant areas. Researchers focus on one of...
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Lesson Plan
Curated OER

Tens! Hundreds! Thousands!!! of Tons

For Teachers 5th
Fifth graders take a close look at the types of ships that travel through the Hudson River Valley on the Hudson River. They utilize worksheets embedded in the plan in order to answer questions about exactly what is being shipped, and how...
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Lesson Plan
Curated OER

The Stock Market

For Teachers 12th
Twelfth graders study the stock market and how to read stock market pages. They write reports about and graph the performance of various stocks. They examine economic crashes in history and write and perform a skit about the market.
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Lesson Plan
Curated OER

Farmers Dilemma

For Teachers 7th - 8th
Young scholars investigate the "futures" market and how it affects farmers by completing a prediction activity utilizing bags of M&Ms. While completing this activity, students practice basic mathematics skills and reinforce economic...
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Lesson Plan
Curated OER

Making Sense of the Census

For Teachers 9th - 12th
Students problem solve the mean and median of agricultural data by completing a worksheet. They discuss the results of the statistical data.
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Lesson Plan
Curated OER

Bud the Spud Moves West

For Teachers 9th - 12th
As part of a unit on Canadian agriculture, this focuses on how potato farms have increased in the west. Pupils participate in a discussion about the impact of consumer demand on production, and then they read an article about potato...

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