Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will then pack a virtual suitcase making good choices about what they pack.
Council for Economic Education
Econ Ed Link: Break a Leg
In this lesson, students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost of medical care...
Council for Economic Education
Econ Ed Link: The Best Deal
Students will learn how to determine 'price per unit' to help make decisions when comparing products.
Council for Economic Education
Econ Ed Link: Be an Energy Saver
This lesson focuses on the scarce and non-renewable nature of fossil fuels in order to stimulate student thinking about energy conservation. It emphasizes the fact that saving energy can be good for the wallet as well as the earth's...
Council for Economic Education
Econ Ed Link: Believe It or Not?
This lesson reveals to students how advertisers use words and images to make goods and services look their best. To protect consumers and make sure that competition among sellers is fair in the marketplace, the federal government...
Council for Economic Education
Econ Ed Link: Clipping Coupons
In this lesson plan, students will calculate savings for different products when using coupons. They will also decide what factors will influence the choices they make when choosing products.
Council for Economic Education
Econ Ed Link: Guess Who's Coming to Dinner
This instructional activity introduces regulation and information as two tools used by government to promote fair competition and complete information in a market economy. Using the 1906 Pure Food and Drugs Act as a case study, students...
Council for Economic Education
Econ Ed Link: Destination: Mars
Look up! Can you ever imagine standing on another planet and looking down at earth? We've been to the moon - now lets launch an expedition to Mars. Imagine all the preparation you will have to go through in order to have a safe and...
Council for Economic Education
Econ Ed Link: Production Possibilities Curve
Young scholars will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, young scholars will see the...
Council for Economic Education
Econ Ed Link: Country Mouse Makes a Decision! (Student Version)
Use this site to teach your primary students how to identify the costs and benefits of making a decision. Animated link to the story, Country Mouse Makes a Decision, makes this an entertaining and educational economics lesson.
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Council for Economic Education
Econ Ed Link: Dumptown, Usa: Making a Ton of Difference
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Council for Economic Education
Econ Ed Link: Booker T. Washington:"fifty Cents and a Dream"
Young Booker T. Washington had a dream. That dream was to use the resources at his disposal to earn the money necessary to get an education that would allow him and others to become financially secure. This activity based on the picture...
Council for Economic Education
Econ Ed Link: The Economics of Voting
Since the 1960s, many Americans eligible to vote have not bothered to do so- not even in presidential elections. Low rates of participation in voting have been worrisome to people interested in preserving our democratic traditions....
Council for Economic Education
Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 2)
In Part II of this lesson, learners will have the opportunity to complete an interactive exercise that will take them on a historical tour of the stock market from 1920 until just after WWII. Students will learn the difference between a...
Council for Economic Education
Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 3)
In Part III of this lesson, students will have the opportunity to complete an interactive exercise that will take them on a historical tour of the stock market from Post WWII through the year 2001. Students will learn the difference...
Council for Economic Education
Econ Ed Link: Economic Spotter: Resources During World War Ii
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!
American Forum for Global Education
American Forum for Global Education: Move, Feet, Move
Making good choices is the economic principle explored here at the American Forum for Global Education. Children learn to "identify alternative choices in conflict situations" through the use of verbal and nonverbal cues.
Council for Economic Education
Econ Ed Link: Are the Best Things in Life Free?
Students use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...
Council for Economic Education
Econ Ed Link: Sand Art Brownies
In this lesson, you will learn about substitute goods. You will have choices to make in your role as a shopper. In making these choices, you will decide whether you are willing to accept one good as a substitute for another or not. Are...
Council for Economic Education
Econ Ed Link: Capital Chips (Part 3)
Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be examined. The benefits from the capital investments of Herr Foods, Inc. will be related to their effect on the...
Council for Economic Education
Econ Ed Link: Capital Chips (Part 2)
Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be examined. The benefits from the capital investments of Herr Foods, Inc. will be related to their effect on the...