Council for Economic Education
Morality in Markets: The Two Faces of Adam Smith
Economist Adam Smith supported free enterprise, he but critiqued mercantilism. These two ideas—seemingly contradictory—may be difficult for some young historians to grasp. A reading that explores these ideas guides scholars in unraveling...
Curated OER
Trade Offs and Opportunity Cost
Learners 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...
Curated OER
Why Nations Trade
Young scholars discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
Curated OER
Calculating Profits from Selling Virtual Lemonade
Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology lesson, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider weather...
Curated OER
What Is Actually Bought and Sold?
Economics students can use this packet to better grasp the concept of changes in supply and demand by reading about marketing, products, and elasticity. There are 3 tasks for students to complete, each based on the content of a...
Curated OER
What Makes A Community Sustainable
In this environment worksheet, students read three different case studies in order to apply them to the categories of finding the best possible choices to make for helping a community flourish.
Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
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
Economics Unit 1: Crossword Puzzle
In this economics worksheet, students use the 35 clues in order to fill in the crossword puzzle with the appropriate answers pertaining to economic terminology.
Curated OER
The Two-Party System in American History: Ch 5
Five matching and 5 multiple choice questions to challenge your class. Their answers will test their knowledge of early American government. Party systems, Electorate, and major constituents of the time are the topics included.
Curated OER
Spend, Save, Invest or Donate
Middle schoolers explore the concept of philanthropy. In this personal finance lesson, students consider economic choices and why people donate to causes. Middle schoolers investigate the processes of borrowing money and investing money...
Curated OER
Lemonade Stand: Making Money the Old-Fashioned Way
Learners run their own lemonade stand and are to figure out what to sell the lemonade at to gain the maximum profit.
Curated OER
Saturday Sancocho
Second graders identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Students will read, comprehend, interpret, analyze, and evaluate literary text as well as explain how...
Curated OER
Price Elasticity of Demand
In this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
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
Unplanned Pregnancy: Parenting
High schoolers consider and discuss characteristics of an ideal parent. In small groups, they work together to examine the stereotypical roles of the father and the mother. The issues dealt with in this resource are thought-provoking and...
Curated OER
International Trade
Students make an inquiry of concepts through the answering of a series of questions that cover governmental controls. The concepts of international trade are covered The exchange rates of trade are used and the elemeents appreciation and...
Curated OER
Why Do I Want All This Stuff?
Students identify two factors that determine consumer demand as well as substitutes and complements for selected goods and services. After examining advertisements, they distinguish between fact and opinion and explore the factors that...
Curated OER
Eco the Gecko and the Story of Economics
Second graders explore the basic concepts of economics through a puppet called Eco the Gecko.
Curated OER
The Basic Questions: What, How, and For Whom?
Students review the various types of economic systems. As a class, they identify the three basic economic questions: what?, How?, and For Whom?. Using capitalism as an economic system, they discuss how each question is answered.
Curated OER
A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
Federal Reserve Bank
Monster Musical Chairs and Scarcity
Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.
Curated OER
Basic Trading
Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...
Curated OER
Instructors Lesson Plan for Quit the Seasons
Students create quilts. They can create quilts for different seasons of the year. Students can choice what type of projects they want to work on. They are given the choice of taking classes that last 2 months or through the entire year.