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Trading Around the World
Students role play as international traders from different continents. They negotiate prices and resolve trade barriers to better their understanding of free trade.
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Spending=Q X P Module
Students view a series of of short animated modules to relate the total spending in the economy to production and prices. They use this information to simulate the economy of a town called Spendsville. In the simulation, they apply the...
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Where did the too many dollars come from?
Students experience demand-pull inflation while gaining insight into three major sources of the '''too many dollars" which chase after the "too few goods and services. Students participate in an auction to experience inflation firsthand.
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Discount
Seventh graders calculate the sale price when given the regular price and percent discount as well as calculate the percent discount when given the regular price and sale price. They find the total cost of a CD if the price is $19.99 and...
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Fluctuations in the Price of Oil
Students examine the fluctuating gas prices and the effect it has on the Canadian economy by reviewing an online database that contains information on the retail price of gas for Canada's largest cities.
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Market Changes
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Dream Phone of Basic Phone?
Learning to be a savvy shopper can make or break the bank. Upper graders research five different cell phone carriers to see if they'll have enough money in their imaginary budget for a dream phone or a basic phone. They create either a...
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Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
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Life Skills for Vocational Success: Transportation, Owning a Car, Topic 1: Purchasing a Car
Discuss things to consider when purchasing a car with high schoolers. They will use newspaper ads to locate a car in their price range. Then they use a "Loan Calculation Chart" to estimate monthly payments of their car. In the end, they...
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What Does It Cost?
Students study the challenges diverse people encountered in the late 19th century American society, how racial and ethnic events influenced America during the Progressive Era, and the conditions affecting employment and labor in the late...
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Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven activity with a lot of interesting information.
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Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
Federal Reserve Bank
Money and Inflation: A Functional Relationship
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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Making a Mountain Out of a Snow Hill: Skiing, Winter Sports, Economics, Business, Problem Solving
Students explore how to select among choices of variables and analyze the cost-benefit ratio of their short and long term planning in a team activity as they consider the planning and operation of a ski slope.
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Smart Consumers, Smart Choices
Students see what it means to be a smart consumer by engaging in a level-headed analysis of budget, opportunity costs and self-regulation. They compare prices within a service field, and weigh the choices of spending money on that item.
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What's on Sale?
Students explore sale items. In this money and percent math lesson, students work in groups to locate food ads in the newspaper. Students identify sales and calculate final prices using percentage discounts. Students complete a math...
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Economics: Supply, Demand & Personal Finance
In this Economics/Personal financial literacy worksheet, students use USA Today to find article, photos, charts, or graphics related to events that are affecting the prices of different products and services. Students answer questions...
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I'm in Business, Now What Do I Charge?
Students determine what price must be charged in order for an entrepreneur to breakeven and to make a profit. They calculate the breakeven price, identify opportunity costs, and write a paragraph explaining what costs should be used for...
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Car Activities
In this math worksheet, students find cars in Auto Trader. They find the difference between the prices of the cheapest and most expensive cars. Students select a car they like and follow directions to buy on credit. Students complete a...
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Inflation
Students compare prices then and now. They use the calculated rate of inflation to figure out the equivalent prices today for items sold at the fair and money earned in 1864. They calculate the actual value of a bowl of soup, a dinner,...
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Clothes from Grain: A Miracle or a Problem?
Learners read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of trade...
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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.
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Sharing Our Knowledge
Students evaluate their participation in an animal welfare service project. In this animal welfare activity, students reflect upon their experience by using their feelings and descriptions in their writing. Students share their experiences.
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Market Structures and Competition
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...