Carolina K-12
Sample Test: Economics
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
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Spraying Strawberries
Learners examine the concept of dimishing marginal productivity. They role play the role of a farmer who has to decide how many times to spray his strawberry crop. They complete a chart and discuss the results.
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Labor Markets
Students examine labor markets by participating in an employer/employee simulation and in group discussions. They discuss mandated employee benefits and predict the effect they have on various parties.
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Economic Goals and Measuring Activity
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish....
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Rebuild Your Community
Students explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development lesson, students watch a video from the Nightly Business Report and explore what all it takes to make up a...
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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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Inflation and Unemployment
Students explore the role of government in the economy market. For 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...
Federal Reserve Bank
Income Taxes
Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...
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The IMF in Action: What Does the IMF Do?
Students use newspapers and the internet to discover what the IMF does. They work together in groups to brainstorm occupations which need another language to be spoken. They also examine data related to trading among countries.
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Spraying Strawberries
Students decide how many times to spray a strawberry crop. They apply marginal analysis and discover the "law of diminishing returns."
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Experiment on Minimal Segment Size Regeneration of Lumbriculus variegatus
The experiment allows students to observe regeneration of tailless and headless worm segments into complete individuals. Data of a completed experiment are included as well as a student activity sheet.
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Federal Programs And Reform
Students investigate the current welfare system in Utah. They research and discuss the different type of programs that are offered. They conduct an analysis of the reports that are provided. The standard of living is also investigated...
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Inflation and Money
Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.
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Financial Planning for Catastrophe
High schoolers examine the case of The Gulf Coast and relate it financial importance. In this financial planning lesson plan, students watch a video and then begin to analyze how to plan for the unexpected by reviewing the financial...
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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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A Proper Role for Government - Seeking Perfection in an Imperfect World
Young scholars discuss the proper role of government in the economy. Reviewing the foundations for a market economy to work properly, they decide how to best direct resources to get the most out of them. They distinguish between private...
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How Far Will You Go And How Much Will It Cost?
Pupils examine how places of various size function as centers of economic activity. They develop a list of things that families shop for, analyze a local map, create a chart demonstrating how far they travel for the items they listed,...