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A LOT OF THIS FOR A LITTLE OF THAT
Students describe the import and export of agricultural products and gain a comprehension of the concept of supply and demand. They discuss exports and imports. Students have small world maps on each desk, they identify the countries...
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Introduction To Markets - Lesson Plan: 1 X 1 Hour Lesson
Students study the concept of a market. They determine the different purposes of buyers and sellers. They look at the utility of an item and how the value for money affects the decision making of consumers.
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The Job Jungle -- A Labor Market Game
High schoolers work together to participate in a labor market game. They discuss the concepts of supply and demand and how they relate to labor. They ask any questions they have to complete the lesson.
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Elasticity
Students analyze the meaning of the business term, elasticity, and discuss the main elasticity concepts of price, income, and cross elasticity. They manipulate and demonstrate various business formulas.
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Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...
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The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
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Will You Pick My Cotton?
Use this cross-curricular history lesson plan to work on your students' informational writing skills. After listening to songs and stories related to Sultana, they engage in a several activities to boost their understanding of slavery...
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What If?
Students examine the relationship between farmers and consumers. In this agriculture lesson, students explore supply and demand as they play an economics-based game.
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The CPI and You
Students examine the consumer price index (CPI). In this economics lesson, students explore how the cost of living and inflation indicate the CPI. Students complete activity worksheets in this lesson.
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The True Cost of Coffee
Learners examine the economic, health and environmental risks of being a one-crop country. They explain the risks of relying on one crop. They also identify the factors that resist change.
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Soda Sales
Students are shown how to chart a supply demand curve, analyze information from a chart and send and receive information to participating schools by use of telecommunications (an added objective could be for fund-raising). They determine...
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Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
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Chapter 23: Pure Competition
Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...
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Subsidies and Taxes
Students utilize supply and demand models to demonstrate how markets can be affected by intervention from governments or other agencies in an attempt to correct a perceived market failure. After viewing a PowerPoint presentation,...
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The Great Paper Airplane Factory
Students investigate the economics of starting a business in this series of lessons. They role play parts of a business organization that sells paper airplanes making decisions based on calculations to make the most profitable organization.
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Inspirational Mapping for the Corps of Discovery
Third graders use a computer software entitled, Inspiration, in order to create a map or web of what Lewis and Clark should have packed for their journey west. They are given the expectations of the teacher and a scoring guide is...
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Entrepreneurs and the African-American Dream
Students make a simple graph of labor supply and labor demand in the North and South in the early twentieth century. They conduct research to identify top contemporary African-American entrepreneurs.
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Filling Empty Pockets: Borrowing, Loans, and Credit
Students examine credit components and how each works within our economy today. In this financial literacy lesson, students explore credit terms and make decisions based on real credit card offers that they find in their on line research.
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Explorations in Economic Demand, Part I
Students examine a scenario set up for them about college and economics. They review what decisions are made and at what cost. They catalogue what should and shouldn't be bought as goods for the betterment of the whole picture or...
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Learning Economics through Comics
Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...
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Market Structure and Competition
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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The Role of Public and Private Sectors
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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The Big Apple
Young scholars study the buying and selling market and how prices are determined for an agricultural product. In this competitive market lesson, students study how prices are determined in a market by studying the forces of supply and...
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Beach Burgers
Twelfth graders develop economic literacy of basic economic problems confronting all societies. Economic decision making, scarcity to make choices, economic confronts, market system, prices, demand curves and supply curves are all covered.