Federal Reserve Bank
The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination
Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for higher...
Curated OER
The Interstate Commerce Act of 1887
Students examine the Interstate Commerce Act of 1887. They discuss the concepts of value-of-service pricing and cost-of-service pricing, read and discuss text, and debate the reasons for and legitimacy of price differences in service.
Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Federal Reserve Bank
Higher Gasoline Prices: Temporary or Time to Buy a Hybrid?
Gasoline prices garner a lot of attention in the United States. What can explain a temporary decline in gasoline consumption, and how do gasoline prices spur innovation in the energy and automotive industries?
Curated OER
What Did It Cost 100 Years Ago?
Students compare prices of good across the century in order to introduce the topic of inflation. They undertand the concepts of inflation and Consumer Price Index (CPI), use online calculators to figure the approximate cost of goods...
Curated OER
Shopping-Unit Pricing
Comparing unit prices of food products is a skill that learners will use for the rest of their lives. Here is a simple plan that provides practice calculating the unit price for various grocery store products. Use two jars with differing...
Council for Economic Education
I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
Illustrative Mathematics
The Price of Bread
As part of an initiative to strengthen our young adults' financial understanding, this problem explores the cost of bread and minimum wage since the 1930s. Learners are asked to find the percent increase from each year and compare it...
Mathematics Assessment Project
Sugar Prices
Sugar rush! In this assessment task, learners interpret points on a scatter plot representing price versus weight for bags of sugar. They then determine the bag that represents the best value.
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
The Consumer Price Index: A Measure of Inflation
Students examine inflation over the years and learn to calculate how it changes over time. In this money management lesson, students learn how price changes affect their purchasing power, how to come up with strategies for dealing with...
Curated OER
Current Events and Prices
Students read a recent article about the likelihood of a decrease or increase in prices of a specific consumer good. Using the Internet, they examine current events and make predictions about their effect on the economy. They write an...
Curated OER
Free Enterprise--Product Cost
Students apply basic math skills in computing a product cost.
Curated OER
Production Possibilities & Opportunity Cost
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
Curated OER
Market Basics: Demand, Supply, and Price Determination
Learners 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...
Curated OER
Costs of Living
Students consider the effects of rising oil and natural gas prices on family spending and saving habits. They design a board game intended to help people save.
Curated OER
Market Prices
Second graders understand that prices change. For this business, price and labor lesson, 2nd graders define the words market and price. Students read Arthur's Funny Money and answer questions related to earning and spending money....
Curated OER
Market Supply and Demand and Equilibrium Prices
In this economics worksheet, students respond to 27 fill and the blank and multiple choice questions about market supply and demand as well as equilibrium prices.
Curated OER
Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Inside Mathematics
Picking Apples
Getting the best pick of the apples depends on where to pick. The short assessment presents a situation in which class members must analyze a real-world situation to determine the cost of picking apples. The pricing structures resemble...
Curated OER
The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
Curated OER
Life in a Soviet Household
Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.
Curated OER
Rising Gas Prices – Compounding and Inflation
Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring...
Curated OER
What's the Cost?
Students consider what things cost 150 years ago and what those costs would be in today's money. They compare costs and services between the 1850s and today to find out if things are cheaper or more expensive today, in inflation-adjusted...