Lesson Plan
Microsoft

Microsoft Education Lesson Plan: Making Money From Lemons

For Teachers 3rd - 8th
Simulation where learners apply mathematics and economics concepts in the lemonade business. Learners set up a virtual lemonade stand and must determine production costs, product variables, and profits. Students record data collected on...
Lesson Plan
Council for Economic Education

Econ Ed Link: Banks, Bankers, Banking

For Teachers 3rd - 5th
This lesson is a simulation of opening a bank. Students are assigned various roles to play within the banking business. Students learn about the role banks play in a market economy.
Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)

For Students 3rd - 5th
Use this EconEdLink intermediate lesson plan to teach your students about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
Lesson Plan
Council for Economic Education

Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 1)

For Teachers 9th - 10th
In this lesson, students will learn about the impact that efficient markets have on attempting to correctly time the stock market, as well as how investing in stocks should have long-term investment goals. Part I begins by having...
Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This site is a lesson that teaches students about scarcity and choice. Students participate in a simulation where they are asked to make choices about what they want to take with them in order to survive.
Lesson Plan
Council for Economic Education

Econ Ed Link: New Sense, Inc. Vs. Fish 'Till U Drop or Coase vs. Pigou

For Teachers 9th - 10th
Hot debate and arguments galore whirl around this question: "Which economic approach is the most efficient and fair to resolve utility issues surrounding the use of common or public property?" This lesson will explore, examine and...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Collapse of Corporate Giants: The New Dr. Evils?

For Teachers 9th - 10th
This lesson was inspired by an article in "Fortune" magazine, "Why Companies Fail," May 27, 2002. Its focus is on the relationship of business ethics to business bankruptcy or near failure. Students participate in a simulation by...
Lesson Plan
Science Education Resource Center at Carleton College

Serc: Mining: Least Cost Lab

For Teachers 9th - 10th
Students will explore the basic cost of mining, transportation and manufacturing activities under the concept of Weber's least-cost theory. The goal of this activity is to simulate a basic cost analysis of ore mining and optimal location...
Lesson Plan
Council for Economic Education

Econ Ed Link: Making Cents Out of Centimes

For Teachers 3rd - 5th
Students will learn that most countries create their own currency for use as money. In most of Europe that money is now the Euro. Students will discover the use of Euros in this simulation and learn a little about exchanging dollars for...
Lesson Plan
Council for Economic Education

Econ Ed Link: Fad or Fortune

For Teachers 6th - 8th
This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value. They will...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Unemployment Game

For Teachers 9th - 10th
Students will learn about important labor market statistics that are frequently discussed in the media. An understanding of the unemployment rate and labor force participation rate will be developed through participation in an...
Lesson Plan
Alabama Learning Exchange

Alex: Trading and Tracking Stock Portfolios Online

For Teachers 9th - 10th
Student teams will trade stocks and track the progress of their Alabama Stock Market Simulation portfolio by using spreadsheet software and the Internet. They will relate the information to a previous social studies unit on economics and...
Lesson Plan
Other

National Council for the Social Studies: The Great Depression Mystery

For Teachers 9th - 10th
Delve into the causes of the Great Depression with this lesson that simulates how unemployment in one part of the economy can cause unemployment in other parts of the economy. Extensive background on the economic causes of the Depression...

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