Arkansas Economics
The Bead Game
What better way to learn about different economic systems than to participate in them? An engaging bead game highlights the differences between market, command, and traditional economies. In small groups, 6th graders work through three...
Council for Economic Education
Economic Systems of the Incas and Aztecs
The Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...
Council for Economic Education
The Economic System of Medieval Europe
How are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...
Curated OER
A Command Economic System
Students discover the Command Economic System, which is found in countries like the Former Soviet Union, North Korea, and China. Students identify five characteristics unique to the Command Economy.
Curated OER
Money Simulation (mini economy)
Students participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.
Curated OER
Bead Game Simulation
Students have the opportunity to participate in the three basic economic systems, (market, command, and tradition).
Curated OER
Swamps, Shrimp, and Tsunamis: A Simulation of Sustainable Development Issues in Coastal Ecuador
Students examine the economic benefits, environmental losses and dangers of the shrimp farming industry on the coast of Ecuador. They read a script, role-play people involved in the shrimp business, and write an essay of the pros and cons.
Council for Economic Education
New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou
Who is responsible for protecting the environment, and who should pay when it is damaged? The role of government and private industry is complicated. A role-play simulation prompts individuals to decide how to protect a fictitious town...
Federal Reserve Bank
The Fed’s Toolbox
This lesson is packed with instructional material and activities on the Federal Reserve System, monetary policy, and the relationship between bank reserves, interest rates, employment, and price stability.
Council for Economic Education
Business in the Middle Ages: Working in a Guild
Long before modern labor unions, guilds worked to ensure that workers had a fair wage. But, in medieval Europe, they also cooperated with the government. Using a simulation and primary source analysis, young scholars become hatters in...
Carolina K-12
Choice, Conflict, and Compromise at the County level
With all the hubbub surrounding national elections, it's easy to forget the importance of local government. After learning about county governance and voter turnout for local elections, young citizens demonstrate how local governance...
Curated OER
Employee Payroll Simulation
Students simulate creating and calculating employees payrolls using hourly wages, deductions, and proper taxes.
Curated OER
World Fair? A Global Classroom Unit On Economic Rights
Students explore economic rights of people. After listening to statements and songs by people such as John Lennon and Mahatma Ghandi, students examine the truths and values depicted by each person. Students participate in a simulation to...
Curated OER
Is the media aiding Global Peace when reporting on religion?
Students play 'telephone' to simulate communication difficulties. In this media analysis lesson, students read and analyze newspaper articles related to religious tensions between the Pope and Muslims. Students evaluate the media's...
Curated OER
McMUN Model United Nations
If you have been searching for a plan to run a model U.N. simulation, this plan provides some bare bones for your activity. Scholars break into blocs to research and discuss global issues and come up with collaborative solutions. In...
Federal Reserve Bank
Turn Your Radio On
After listening to and analyzing a series of FDR's Fireside Chats, groups create their own recordings, and using New Deal programs, address a current economic condition.
Curated OER
What Is the Federal Reserve?
Young scholars examine simple bank transactions. In this banking lesson, students analyze banking transactions such as deposits, loans, and how they hold reserves. They participate in simulations of the process of clearing a check and...
Curated OER
Fun-Factory - NOT!
Middle schoolers design a solution to a problem based on the Industrial Revolution. In this design lesson plan, students come up with architectural designs and present them to teachers in a simulated factory.
Federal Reserve Bank
What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
Curated OER
Kosovo: A Thousand Year Old Border Conflict
Students present proposals and negotiate with other representatives to bring lasting peace to the area through a simulated "Summit Conference."
Curated OER
Life on the Edge: Land Use, Food Supply, and Economics in a Small African Village
Students examine the roles that natural events (such as droughts), population growth and other human factors play on land use and food supply.
Curated OER
WWII Economics
High schoolers simulate a classroom rationing program resembling an environment similar to the coupon/stamp rations conducted during WWII. The simulation last 3 days resulting in an observable outcome in relationship to the coupon...
Curated OER
How Banks Create Money
Pupils participate in a simulation game to discover the role of banks in creating checkbook money through lending practices. They play a lending and borrowing game and use a money multipiler equation to solve problems associated with...
Curated OER
Westward Expansion
Students locate California and New York on a map and explore available means of travel in the 19th century. Students explore the role of trade in pioneer America and simulate various barter transactions.