Students examine the concept of scarcity. In this economics lesson, students define scarcity and take part in an activity that illustrates the concept as it relates to goods and services.

Students discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.

Students review and discuss what skills and knowledge they need to make a decision about a career. They take a test to see which career they would most likely fit into.

Students examine the consequences of behaviors and what the concept of trade offs are.  In this good decision lesson students read an article and answer questions on making good decisions. 

Third graders distinguish between savings and spending. Students graph out a variety of important Economic concepts/vocabulary. They set up an imaginary job to save money and spend money.

Eighth graders define the generally accepted list of national economic goals. They discuss the compatability/incompatibility of goals. They participate in a consensus-building exercise to rank economic goals in order of importance.

Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...

Students review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.

Explore food insecurity and resource scarcity with your class. They discuss the sharing of scarce resources, how to be good caretakers of these resources, and how choices impact the entire world.

Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....

After being given a portfolio of investments, your young economists will learn how to assess the relative risk of the portfolio's products and understand the importance of diversification, relating these economic concepts to real-life...

How did the stock market crash in 1929 when everything seemed to be going so well in the 1920s? Analyze the economic choices of the times that caused the crash and the Great Depressions occur. Hard hitting economics and the policies of...

Discover the environmental and economic impact of global warming. After reading an article, emerging environmentalists identify how different countries are responding to the Kyoto Protocol. They research emission laws and write a news...

Discover the impact and importance of data releases about current economic conditions in the United States. Your class members will learn about data revision and the GDP, and how these figures can alter people's views on the economy.

If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...

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...

Encourage pupils to design an election plan for the entire school. They participate in a Board of Elections, create polling rules, discuss election controversies, write questions about the issues, run the election through an online...

Guide high schoolers through the process of buying a house with a simulation lesson. As pupils learn about mortgages, renting versus buying, and home inspections, they discuss ways to make informed financial decisions and sound...

How do you make sure that your income doesn't disappear before you have a chance to save it? Use a creative budgeting activity to teach learners in both special education and mainstream classes how to keep track of their expenditures and...

In this economics worksheet, students respond to 7 short answer questions that challenge them to look at economists as individuals who see people as rational decision makers. As students answer the questions, they should evaluate the...

Young scholars 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...

Students determine how to spend donated money. In this money choices lesson plan, students explore the needs of the community. They determine the best use of donated funds for a good cause or charity. Students play a bingo game to...

Students solve word problems relating to economic choices. In this economic choices lesson, students discuss the importance of budgeting and how to save money. Students complete a economic choices worksheet.

If you want to focus on critical thinking skills, this well-constructed series of activities will challenge your history or agriculture class to evaluate the effectiveness of administrative decisions related to agricultural and the...