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Curated OER
Price Elasticity of Demand
A series of economic activities should keep your class busy for a while. Six different worksheets review the concepts of price elasticity, demand, and U.S. economics. Multiple real-world applications and scenarios house each of the ten...
Curated OER
The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a lesson that focuses on OPEC and...
Curated OER
Costs and Competitive Market Supply
For this economics worksheet, students are presented with tables and diagrams for a fictitious company, then must answer questions, solve problems, plot and label graphs, and make predictions based on information provided.
National Research Center for Career and Technical Education
Break-Even Point
How do companies determine the prices of their products? Marketing maestros discover the concepts of cost and break-even point through discussion, independent practice, and a collaborative assessment. The career and technology-oriented...
PBL Pathways
Maximizing Movie Revenue
Can theaters increase profits by raising or lowering ticket prices? Using data from the National Association of Theater Owners, classes consider this question. The project-based learning activity includes both a profit and revenue...
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.
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
Curated OER
Chapter 20: Demand and Supply (Elasticities and Government-Set Prices)
Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...
Curated OER
Finance and Accounts 1: Basic Principles
Students distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
EngageNY
Piecewise and Step Functions in Context
Looking for an application for step functions? This activity uses real data to examine piecewise step functions. Groups create a list of data from varying scenarios and create a model to use to make recommendations to increase...
PBS
The Media and the War: The Penny Press, Walt Whitman and the War
The Mexican-American war marked a significant moment in United States history, as well as in the history of American media. The mid-nineteenth century saw the introduction of the Penny Press, which provided many American citizens with...
Curated OER
Cost and Revenues
Students develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
Museum of Science
Cookie Mining
Knock a chip off the cookie. Learners purchase a property to mine and mining tools. Pupils use their tools to mine chocolate chips out of a cookie for 5 minutes and return cookie fragments to its original site. After the time is over,...
Curated OER
Incentives, Profit and the Entrepreneur
Young scholars 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.
PBL Pathways
Cell Phones
Calling all subscribers! Model revenue based on individual cell phone subscribers. The project-based learning activity presents a challenge to scholars from a cell phone company. Individuals model data provided to them from the company...
Radford University
Movie Projector Cost
Small groups analyze the attendance at a movie theater and determine the amount of money made for per show. Team members calculate the number of shows it would take for a theater to make a profit after purchasing a new digital projector....
PBL Pathways
Solar Toasters
Help a company maximize their profits! A detailed project-based learning activity examines two production scenarios. Your young scholars write a linear demand function. They then apply the function to develop a revenue, cost, and profit...
Curated OER
The Economics of National Craft Month
Combine National Craft Month and economic math while producing some imaginative, innovative crafts.
Curated OER
Pure Monopoly
In this Pure Monopoly activity, students complete a table and graphs, make calculations and predictions, and answer several questions in short answers.
Curated OER
An Introduction To Perfect Competition
In this economics worksheet, high schoolers complete a series of activities about how businesses operate and how their operation affects society. Business costs and revenues are considered as students answer 24 multi-step questions in...
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
WindWise Education
When is a Wind Farm a Good Investment?
When will a wind farm pay for itself? Individuals calculate the anticipated annual revenue for two proposed wind farms. By comparing the number of years it takes to pay back the initial investment, they determine which site makes the...
Curated OER
The REAL Cost of College
Students explore the cost of college and how to plan and save. In this money management lesson plan students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and how they...
Curated OER
Debt and Deficits
Students identify, research and interpret the national debt and deficits of the past through today and why it has risen significantly in the last 20 years. They analyze the size and impacts and discuss the various policy measures for...