Curated OER
How Far Will You Go And How Much Will It Cost?
Students 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,...
Curated OER
Spraying Strawberries
Students decide how many times to spray a strawberry crop. They apply marginal analysis and discover the "law of diminishing returns."
Curated OER
All About Money Curriculum
Students participate in different pre-lessons to examine the role of individuals and neighborhoods. They also discover the role of the IMF and nations around the world.
Curated OER
Money Matters Curriculum
Students complete a concept map on how money matters in our society. They use the internet to discover an online exhibit about money. They also complete a concept map.
Curated OER
Inside Money
Learners watch a video of a fictional country that is facing monetary problems. They work to answer questions that help solve the countries economic difficulties.
Curated OER
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.
Curated OER
Track the Path of Coffee From Farm to Store Shelf
Students investigate the cultivation and marketing of coffee. In this global studies instructional activity, students consider the connections of the 21st century world as they explore how coffee makes it from farms to their homes....
Curated OER
True/ False Word Search Puzzle
In this literacy worksheet, middle schoolers find the words that are in the word search puzzle that focus upon the vocabulary that is from the theme of the sheet.
Curated OER
A Proper Role for Government - Seeking Perfection in an Imperfect World
Students 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 and...
Khan Academy
Khan Academy: Cost Benefit Analysis
Practice what you have learned about total utility, marginal utility, total revenue, and costs in this four-question exercise.
Other
Foundation for Teaching Economics: Lesson 2: Opportunity Cost and Incentives
This lesson covers the National Content Standard 2: Marginal Decision Making. It provides key terms and concepts around scarcity forces, changing opportunity costs which affect incentives and choices. It includes links to a teacher's...
Khan Academy
Khan Academy: Socially Efficient and Inefficient Market Outcomes
Practice what you've learned about marginal social cost and marginal social benefit in this four-question exercise.
Wikimedia
Wikipedia: Externality
Provides a definition and examples of an externality, both positive and negative, and the externality's effect on marginal private benefit and marginal social benefit.
Khan Academy
Khan Academy: The Benefits and Costs of Us Environmental Laws
Read about specific examples of environmental laws in the United States.
Council for Economic Education
Econ Ed Link: Dumptown, Usa: Making a Ton of Difference
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Tutor2u
Tutor2u: Market Failure Positive Externalities
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Council for Economic Education
Econ Ed Link: Utility
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.
Other
National Bureau of Economic Research: Measuring Positive Externalities [Pdf]
This research paper describes how the installation of an anti-theft device on cars has helped reduce crime in general in some areas. The concept of positive externalities can be seen in this example.
Khan Academy
Khan Academy: Externalities
Practice what you've learned about positive externalities and negative externalities in this exercise.