Curated OER
Popcorn Economics
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.
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Saturday Sancocho
Second graders identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Students will read, comprehend, interpret, analyze, and evaluate literary text as well as explain how...
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The National Economy - Measures and Models
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.
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Deciding to Serve
Seventh graders examine different ways where they can be most effective in sharing their newly acquired financial expertise. In this cross curricular lesson, 7th graders participate in a service project. Students design a service...
Federal Reserve Bank
Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
Curated OER
Economics: Who Benefits from Competition?
Young scholars examine competitive markets and complete a simulation called "The More. the Merrier." In the simulation they assess how goods are more available when competition increases. Students investigate how competition and the...
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Little House In the Big Woods
Students explore economics by reading classic literature with their classmates. For this farm production lesson, students read the famous story Little House in the Big Woods by Laura Ingalls Wilder. Students complete handouts based upon...
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Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
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Family Money Matters: Exploring the World of Economics
Students become familiar with vocabulary related to spending money. In this economics lesson, students participate in activities to learn about spending money and budgets.
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Ford's Revolution
Industrialization and mechanization of products such as cars have deeply affected the US economy. The class discusses the affects of Ford's assembly line production of automobiles. They watch a video, fill out worksheets, and investigate...
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Saving, Investing and the Invisible Hand
Students determine how the financial institutions of a market economy help channel savings to economic investment. They complete worksheets based on a teacher-led demonstration.
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The Goat in the Rug
Students define productive, capital, human and natural resources and intermediate goods, then classify these things by how they are used in a production process. In this resources/goods lesson plan, students listen to the story The Goat...
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Which Came First-Democracy or Growth?
Students investigate economic growth and standard of living. In this economics instructional activity, students investigate the GDP per capita and how it affects the economy. Students differentiate nominal and real GDP.
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Economic and Social Changes in the High Middle Ages
Students investigate the economic and social changes that occurred in the High Middle Ages. They listen to a lecture and take notes, and in small groups compose a medieval charter and role-play its presentation to the class.
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A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
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Being Resourceful: Wisconsin quarter reverse
If your class understands goods and services then they'll be ready for this lesson on various resources. After reading a series of books and engaging in class lecture and discussion, pupils will fill out worksheets. They will list...
Curated OER
Work
Learners identify productive resources. For this economics instructional activity, students read the book Charlie Needs a Cloak and discuss productive resources the character used in the book. Learners participate in a simulated factory...
MENSA Education & Research Foundation
Connecting Africa: A Project-Based Learning Adventure
Mission Possible: Your task is to design a new highway route from Tunis, Tunisia to Cape Town, South Africa. If you accept the challenge, you must create a small map of the route that has already been rejected, a rationale for rejection...
Curated OER
To Get the Right Answers about College: Ask the Right Questions
Students survey college students. In this instructional activity, students explore typical costs. They examine education loans. Students complete a FASFA form and write an essay describing plans for obtaining money for college expenses.
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Economics: Property Rights and the Rule of Law
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...
Curated OER
Is Capitalism Good for the Poor? | How Incentives Affect Innovation
Students focus on the role played by a nation's institutions in generating creativity, invention and innovation, and analyzes how innovation promotes the economic growth that raises standards of living and alleviates poverty.
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Tiananmen Square
Young scholars identify and explain the Tiananmen Square incident of June 1989.
Studentsl compare what it is to be an American Citizen (Democracy) vs.
Chinese Citizen (Communism). Young scholars identify and define various vocabulary...
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Why Nations Trade
Young scholars discuss international trade. In this trade lesson, students read about comparative advantage and the benefits of international trade. Young scholars perform a skills test to determine their individual specialization areas...
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Resources of the Three Little Pigs
Second graders, after listening to the The Three Little Pigs, identify the natural, human, and capital resources involved in creating each house.