Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...

Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...

From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course. 

Learners identify and define the four factors of production on a diagram. Using a product they use everyday, they write down which natural resources are used to make the product and what type of skills the workers needed to make it. In...

Use this resource as a basic review of economic principles. There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more.

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...

A problem set explores how an international crisis could affect the economic health of Canada using authentic materials from College Board. Other questions ask learners to create and evaluate supply and demand curves and examine factors...

How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in...

This is a one-stop shop as an introduction to Economics; review 53 slides covering the basics of most economics principles with images and instructor notes. Journey from Adam Smith and the foundation of modern economics to concepts such...

Imports often affect the production of domestic goods. Scholars consider the variables in this situation with a scaffolded prompt from College Board. Other items examine factors in production and compare the production advantage between...

The European Union has had a profound effect on world economic dynamics. A structured inquiry investigates its impacts on global interest rates. Other authentic testing materials from College Board explore banking reserve requirements...

In this Circular Flow of Resources, Goods, Services, and Money Payments worksheet, students read background information, examine a flow chart, then answer ten questions.

Currency exchange is a big factor in governments making economic decisions. Scholars consider various scenarios to evaluate how factors such as interest rates and private investments would affect a nation's economy using a practice test...

The debate of cupcake versus donuts may seem like a superficial one. However, learners consider whether it makes sense to specialize in producing only one confectionery in a scaffolded problem involving complicated economic concepts....

Students review the factors of production and how they are used to make the products they buy. In groups, they participate in different scenerios in which they discover the amount of power they have to affect change buy purchasing the...

What happens when stock market prices fall and many investors sell off their holdings? Scholars explain the effects as they answer the question from the AP® exam. The resource provides other authentic College Board questions that include...

When choosing what foods to eat, there are a lot of factors to consider. To help make the decision a little easier, young learners work in small groups developing short plays, stories, or advertisements that address the different issues...

Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...

If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...

Fifth graders examine the industrial revolution. For this industrialization lesson, 5th graders explore the concept of mass production via the assembly line. They then create an assembly line which demonstrates its costs and benefits...

Students summarize the three sectors of industry and how these sectors applied to the Industrial Revolution. Students apply their skills in research and note-taking, as well as vocabulary building through web organizers. Students...

How can we keep racism out of our society? Analyze the factors that lead to racism today and research previous scientific findings that impacted social policy. Your high school young scholars identify ways to prevent past mistakes from...

Students examine the different methods of production. They relate the new concepts to different production contexts. They identify the external factors that influence firms.

High schoolers review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.