Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics. 

Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource...

After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.

Students study the basic economic trilogy (scarcity, choice, and costs). In this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...

High schoolers make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal...

Students participate in a role play as producers of two goods, allowing students to experience scarcity. They make choices about using their scarce resource to produce both or one of two goods. Then they construct...

Most families have an emergency kit in their home with flashlights, water, and extra food. But what happens to your money when disaster strikes? An economics lesson focused on the aftermath of Hurricane Katrina in 2005 demonstrates the...

Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...

Students demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from personal...

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...

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...

Students explore the role of government in the economy market. For 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...

Young scholars, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if...

Students explore the concept of philanthropy. In this personal finance lesson, students consider economic choices and why people donate to causes. Students investigate the processes of borrowing money and investing money in the lesson as...

High schoolers explore the concept of personal finance. For this philanthropy lesson, students examine decisions they make about money as they discover the definitions of philanthropy, resources, scarcity, choice, benefits, costs,...

From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.

Students identify and define the various types of credit cards and credit card offers. In this credit cards lesson, students identify the pros and cons of managing a credit card account. Students locate information on the Federal...

Young scholars 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...

Students elementary financial vocabulary words: spend, save, invest and donate. In this finance lesson, students respond to the story "Sam and the Lucky Moon." Students describe the concepts of wants and needs, resources, scarcity,...

Students explore the role of government in the economy market. In this economics lesson plan, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying...

Whether their objective is independent living, going to college, or buying a car, pupils will participate in discussions and complete worksheets to gain an understanding of how short- and long-term goals play a large role in helping...

Fourth graders reserach the state of Missouri. In this Missouri History lesson, 4th graders plan a vacation to a region of Missouri. Students work in collaborative groups to determine all aspects of the trip. Students use math...

Students learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson, students apply their knowledge of finance components and create their own web based plan...

Learners complete a simulation designed to show them the importance of budgeting and avoiding living paycheck to paycheck.