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Khan Academy
Khan Academy: Decisions Within a Budget Constraint
Another approach to maximizing utility uses indifference curves (sometimes called utility curves) and budget constraints to identify the utility optimizing combination of consumption. Read about this method in this article.
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Bouncing Ball Budgets
Through an interactive game, learners share spending decisions they've made in the past and start to think about their spending habits in new ways.
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Reflecting on Needs Versus Wants
By thinking about their own expenses, students explore how differentiating between needs and wants can inform daily financial decisions and rules to live by.
Science Education Resource Center at Carleton College
Serc: Using "Good Guide" to Create Better Consumers
This learning activity helps educators and students use a valuable web resource that ranks products based on three sustainability criteria: personal health, environmental impact, and social equity.
TeachEngineering
Teach Engineering: Energy Choices Game
Use this board game to introduce the concepts of energy use in our lives and the very real impact that personal choices can have on our energy consumption, energy bills and fuel supply. The game begins as students select cards that...
Council for Economic Education
Econ Ed Link: Marketplace: Real(ity) Estate
This lesson teaches students about opportunity cost through some steps of buying a house. It also shows students how advertising affects consumer decision-making.
Other
The Consumerist
The Consumerist, a subsidiary of Consumer Reports, accepts tips from consumers to cover stories people want to hear or should become aware of based on consumers interests.
Council for Economic Education
Econ Ed Link: Break a Leg
In this activity, 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...
Council for Economic Education
Econ Ed Link: Are the Best Things in Life Free?
Learners use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...
Council for Economic Education
Econ Ed Link: Car Loan Project
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...
Council for Economic Education
Econ Ed Link: College: Where Am I Going to Go?
Students will use a PACED decision making grid to help them decide where they would like to attend college.
Council for Economic Education
Econ Ed Link: The Choice Is Us: Monopolies
This lesson introduces the concept of monopoly. It calls upon students to consider how monopoly power might affect the quality and price of goods and services offered to consumers. In light of what they learn about the history of trusts...
Federal Trade Commission
Federal Trade Commission: You Are Here
In this interactive mall environment, students learn how to make smart decisions as consumers. Whether shopping for clothes, choosing the best food deal, searching for a job or buying a cellphone, students will learn how to recognize...
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Bouncing Ball Money Choices
Young scholars play a game to share how they think and feel about money.
Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Khan Academy
Khan Academy: Do Beliefs About Healthy Food Inform Consumer Choices?
Questions related to attitudes.
Council for Economic Education
Econ Ed Link: Community Helpers at Your Service
Show elementary students the correlation between goods and services and consumers. "You will draw a picture of a community helper, and perhaps write some sentences about him or her, to show or tell how that helper provides a Service."
Council for Economic Education
Econ Ed Link: Every Penny Counts
Lesson that helps learners understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand that...
Other
My Money
This Federal Government website provides consumers with many resources and much information to help them to manage their money better. Topics include budgeting, taxes, saving, investing, retirement planning, credit, and checking...
Council for Economic Education
Econ Ed Link: My Credit Rating: Why Should I Care?
Credit is a wonderful tool for the consumer. It can enhance your quality of life. It enables you to buy and enjoy a purchase before you have the money to pay for it. On the other hand, it can create serious problems for people who use it...
Council for Economic Education
Econ Ed Link: The Credit Card Mystery
Credit Cards are a risky business these days, especially for students and those holding multiple cards. Interest rates on credit card balances have always been high relative to other rates, for several reasons. Despite this, there is...
Council for Economic Education
Econ Ed Link: Buying vs. Renting
Have you given any thought to where you will live when you are "on your own" - out in the world earning a living? You will have many decisions to make as you look for a place to call home. In this lesson, your basic economic decision...
TeachEngineering
Teach Engineering: Making Decisions: Packaging and the Environment
This activity has students redesign and justify the packaging currently used in some consumer products. Design criteria include reducing the amount of packaging material by 25%.
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Paying for College
A website dedicated to helping students make informed financial decisions through their road to college. Website focues on filling out financial aid to choosing a loan.
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