This instructional activity will discuss absolute advantage, comparative advantage, specialization and trade with an example using professional basketball player LeBron James.

Find out more about the concept of incentives in our economy through this lesson plan. "You will identify incentives used at home and school."

Learners will explore the differences among the three colonial regions of New England, Mid-Atlantic/Middle, and the Southern colonies. In small groups for each region, students will observe and note details of pictures, maps, and...

Important current events are discussed in blogs and special reports. Reports, including video and audio, on current health, economic, environment, health, security, and culture are available.

An interesting overview of the economy of ancient Egypt. It covers everything from sources of wealth, taxation, and the benefits of the economic system. Hyperlinks to other articles on this site.

The NewsHour with Jim Lehrer offers specialized news resources for students and teachers. Content includes background information for the top stories of the week, full multimedia packages (video, audio, graphics, and text) which explore...

Part of a cnn.com in-depth special "The Reagan Years", this site provides you with brief explanations of the US in 1980, the 1980 presidential election and assorted topics of Reagan's presidency including the assassination attempt, the...

The CIA provides an excellent resource for every country of the world that describes its economy in a nutshell. Important aspects include the type of economy, level of development, unique areas of specialization, major economic events...

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,...

While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Consumers seem to be besieged by requests from special interest groups to refrain from buying certain goods and...

The city of Philadelphia, Pennsylvania recently opened a $300 million dollar center for the performing arts, the Kimmel Center. This lesson was developed for a special teacher workshop to incorporate economics and the arts to teach kids...

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....

How does your family celebrate Thanksgiving? Are you joined by friends and/or family for a special feast? What do you eat? Most American families celebrate Thanksgiving by cooking turkey. According to EatTurkey.com, approx. 88 percent of...

Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes when people first try to use money from another country, they feel like they are playing with toy...

Learn about the many specializations in the field of geography within its two branches of physical and human geography.

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 lesson, students use a weighted...

This is an extension of a instructional activity called "Widget Production" and discusses a lesson plan on increasing productivity.

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.

This article from the Federal Reserve Bank of Minneapolis discusses how some old ideas at that time were helping the new way of running the economy. It also tells why a change was made. (Published June 1, 2000 )

Learners will demonstrate understanding of the processes associated with banking by role-playing as customers, tellers, and guards.

In this lesson students are introduced to several businesses from the past. They see that, while the names for these businesses are different, many of the elements of that job are seen in occupations today. The web site, "Business Cards"...

This lesson explores the relationship between productivity and international trade. Specifically, this lessons shows why there should be fewer trade restrictions rather than more.

It's December 16, 1773 and many of the citizens of Boston are furious with King George's new tax on tea. Young Ethan, a printer's errand boy, has been given the task of conveying information concerning an upcoming protest meeting. As he...

This video teaches the concept of Trade, Exchange and Interdependence. People do not make everything that they and their family use: that is, they do not grow all their own food, sew their own clothes, build their own house and provide...