Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This site is a lesson that teaches students about scarcity and choice. Students participate in a simulation where they are asked to make choices about what they want to take with them in order to survive.
Lesson Plan
Council for Economic Education

Econ Ed Link: The Mystery of the Voters Who Don't Vote

For Teachers 9th - 10th
This lesson plan from the Council for Economic Education for learners, grades 9-12, examines the question of why many Americans don't vote. It interestingly ties the answer to some economic terms such as choice, cost/benefit analysis,...
Lesson Plan
Council for Economic Education

Econ Ed Link: Every Penny Counts

For Teachers Pre-K - 1st
Lesson that helps young scholars understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand...
Lesson Plan
Council for Economic Education

Econ Ed Link: Economic & Political Freedom (Grades 9 12)

For Teachers 9th - 10th
In this instructional activity, students analyze the concepts of economic freedom and political freedom, identify ways to measure them and explore the relation between measures of well-being and between measures of freedom.
Lesson Plan
Other

Foundation for Teaching Economics: Lesson 2: Opportunity Cost and Incentives

For Students 9th - 10th
This lesson covers the National Content Standard 2: Marginal Decision Making. It provides key terms and concepts around scarcity forces, changing opportunity costs which affect incentives and choices. It includes links to a teacher's...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Choice Is Us: Monopolies

For Teachers 6th - 8th
This instructional activity introduces the concept of monopoly. It calls upon students to consider how monopoly power might affect the quality and price of goods and services offered to consumers. In light of what they learn about the...
Lesson Plan
Council for Economic Education

Econ Ed Link: Hawaiian Economics: From the Mountains to the Sea

For Teachers 3rd - 5th
Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts shaped like pie slices called Ahupua'a (ah-who-...
Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)

For Teachers 3rd - 5th
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson plan, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Euro Makes Its Debut

For Teachers 9th - 10th
On Jan. 1, 1999 11 European countries united in the European Monetary Union. The new single currency bloc includes almost 300 million consumers and creates the second-largest economy in the world. How will this new union affect the...
Lesson Plan
Council for Economic Education

Econ Ed Link: Classroom Cash Incentive Plan

For Teachers 9th - 10th
Learn more about the economy through this informative lesson. "In this lesson, you will learn how the incentive program affects the personal choices you make in class. You will also analyze how economic incentives can affect behavior."
Lesson Plan
Council for Economic Education

Econ Ed Link: Clipping Coupons

For Teachers 3rd - 5th
Explore this website to find out how and why consumers make choices on what products to buy. Learn how producers entice consumers into buying their products. This is a very informative lesson plan.
Lesson Plan
Council for Economic Education

Econ Ed Link: I Can Dream Anything!

For Teachers Pre-K - 1st
Go to this site for fun activities and a great lesson on personal choices and specialization. This lesson provides the primary teacher with an excellent opportunity to incorporate a character education lesson on self-esteem, while...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Price We Pay for Health: Us and Canada

For Teachers 9th - 10th
Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the trade-offs associated with those positive aspects. In Canada, everyone has health care,...
Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This activity provides a fun way to explore concept of economic decision making. In the instructional activity, students are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in...
Lesson Plan
Council for Economic Education

Econ Ed Link: Show Me the Money!

For Teachers 9th - 10th
Students will investigate unforeseen costs of car loans and/or house loans. They will then evaluate the economics of decision making, the ramifications of their choices, and options available to them. Students will compute costs and...
Lesson Plan
Council for Economic Education

Econ Ed Link: You Decide!

For Teachers 2nd - 5th
Think about a difficult decision you have had to make. After you decided did it work out? Why or why not? Why do you think decisions and choices are hard to make? We make personal decisions and we make decisions as groups. There is a...
Lesson Plan
Council for Economic Education

Econ Ed Link: What Are Incentives?

For Teachers K - 1st
Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home and in school, the students will distinguish between positive and negative incentives.
Lesson Plan
Council for Economic Education

Econ Ed Link: Education: Weigh Your Options

For Teachers 9th - 10th
Getting and keeping a job often requires special education or training. While an employer may provide or pay for some additional education or training, workers often have to obtain it on their own. In this instructional activity,...
Lesson Plan
Council for Economic Education

Econ Ed Link: You Can Bank on This! (Part 2)

For Teachers 3rd - 5th
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Lesson Plan
Council for Economic Education

Econ Ed Link: Paraffin Alia

For Teachers 3rd - 5th
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, or the...
Lesson Plan
Council for Economic Education

Econ Ed Link: All in Business

For Teachers 6th - 8th
This activity on entrepreneurship can be used to help students understand what innovations are, and what it takes to get an idea off the ground. This activity will take students through the process of calculating risks associated with...
Lesson Plan
Council for Economic Education

Econ Ed Link: What Do Other People Want to Be?

For Teachers K - 1st
In this lesson, students will graph people's job choices and identify which jobs would have the most competition based on the data.
Lesson Plan
Council for Economic Education

Econ Ed Link: Everyday Opportunities

For Teachers K - 1st
In this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the actual lesson is short.
Lesson Plan
Council for Economic Education

Econ Ed Link: Car Loan Project

For Teachers 9th - 10th
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...