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Council for Economic Education

Athens and Olive Oil

For Teachers 5th - 8th Standards
Athens had olive oil—and lots of it! However, it needed wheat from the Egyptians. Understanding how societies get what they need through advantage and trade can be complicated. A scripted role-play exercise and in-class production...
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Non-Western Economic Values

For Teachers 8th - 9th
Pupils engage in a game of economic exchange that present a variety of perspectives on wealth. They read scenarios and write a journal response to the scenario. They discuss how we use money in the Western culture and discuss how wealth...
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Economics: Property Rights and the Rule of Law

For Teachers 10th - 12th
Students examine the economic value of property rights. In a classroom activity, "You're the Economist," they analyze actual research data from establishing land holding titles in Para, Brazil. They assess several case studies about the...
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Calendars - Teaching Kids Economics

For Teachers K - 6th
Students study economic terms and create a calendar using digital cameras. They advertise the calendar to the whole student population by making posters and singing an advertising jingle.
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You Can't Have it All

For Teachers 7th
In this economic worksheet, 7th graders read about the ideas of choice as well as scarcity for producers and consumers. Students then complete three activities based on economic choices.
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Ayiti Lesson 1: Play the Game

For Teachers 10th - 12th
Students participate in an economics role-playing video game demonstrating social responsibility  In this economics lesson, students play "The Cost of Life" game which requires students to think critically to make...
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Consumer Choices

For Teachers 9th - 12th
Students define the economic term opportunity cost. They complete a cost-benefit analysis related to the purchase of goods. They complete a philanthropic project and reflect on its benefit to the community.
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Savings and Stocks

For Teachers 9th - 12th
Work together to brainstorm answers to different questions related to the savings of American people. Draw a bar graph representing stocks. Practice using new economic terms as well.
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Communinty Creation

For Teachers 8th
Eighth graders plan a frontier community in the 1800's. They research the dynamics of economics and politics in their society. Students create a detailed presentation of their researach and recommendations for their community. ...
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Counting Money

For Teachers 2nd - 3rd
Students discover the importance of economics through Shel Silverstein's poem Smart. Students are introduced to the concept of earning money and using money to purchase necessary items, after becoming familiar with U.S. money.
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Estimating Revenues

For Teachers 11th - 12th
In this economics worksheet, students write out a business plan that translates into an estimation of revenue made in the first three years.
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"Returns of Corn Yield at Various Corn Price-Yield Combinations"

For Teachers 9th - 12th
In this economics worksheet, students plot data related to the yield of crops and then answer the two questions through analyzing the data.
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"In/Out Tables of Potential Crop Loss from Defoliation

For Teachers 4th
In this economics worksheet, 4th graders use the data to determine the effects of crop loss due to defoliation from the effects of hail at different stages of growth.
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The Labor Force and Unemployment

For Teachers 9th - 12th
Students calculate employment and unemployment rate. In this economics lesson, students investigate the labor market and make predictions based on collected data. They also calculate unemployment rate in the class.  
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Turning Brain Drain into Brain Gain

For Teachers 9th - 12th
Students investigate the PACED system as it relates to making good decisions. In this economics lesson, students define brain drain and its effect on the community. They use the PACED idea to come up with a solution to the problem.
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Who, What, Where, When, and Why

For Teachers 9th - 12th
Students explain the concepts of market system, command and mixed economy. They describe the differences between needs and wants. They compare and contrast different government and economic systems.
Worksheet
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Why Economists Disagree

For Students 9th - 12th
In this economics worksheet, students read about the different perspectives that economists take and analyze the comments of the 4 professors in the space provided.
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Economics

For Teachers 6th - 8th
Young scholars discover the resources that are available for consumer protection. In a database, they are responsible for entering two new vocabulary words each semester along with a sentence using the word. In groups, they create a...
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Investigations in Aid: Identifying the Need

For Teachers 7th - 9th
Students investigate the needs in emerging nations. In this emerging nations lesson, students research the conditions for needs in the given countries. Students are assigned to the country groups of Honduras, Nigeria, Bosnia, Cambodia,...
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Poverty, Inequality, and Income Distribution

For Teachers 10th - 12th
Students come up with a definition of poverty through performing an investigation. The problems of policy makers is addressed with the intention of how poverty can be solved. The problem of poverty is shown to have the capability of...
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International Trade

For Teachers 10th - 12th
Students make an inquiry of concepts through the answering of a series of questions that cover governmental controls. The concepts of international trade are covered The exchange rates of trade are used and the elemeents appreciation and...
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Genetically Modified Crops

For Teachers 9th - 12th
Students recognize the difference between negative and positive externalties. They diagram reasons for market failures pertaining to genetically altered crops.
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Problems on Market Structure and Business

For Students 9th - 12th
In this economics worksheet, high schoolers respond to 10 short answer questions regarding free market economic systems and business.
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An Introduction To Perfect Competition

For Students 9th - 12th
In this economics worksheet, students complete a series of activities about how businesses operate and how their operation affects society. Business costs and revenues are considered as students answer 24 multi-step questions in the packet.

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