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Lesson Plan
Curated OER

Which Brand of Air Freshener is Most Cost Effective?

For Teachers 7th - 10th
Students use scientific method to determine cost-effectiveness of air freshener, and create PowerPoint presentations to share their results.
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Lesson Plan
Curated OER

Cost Effective Buying

For Teachers 6th - 12th
Students evaluate energy-related purchases. In this consumer awareness lesson, students visit an appliance store and rank the products' cost effectiveness by using a mathematical formula.
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Lesson Plan
Curated OER

High-end/Low-end: Exploring Price and Value in Design

For Teachers 9th - 12th
Learners analyze elements of design and compare/contrast elements of price and design. In this design lesson, students consider the differences between high-end and low-end design. After completing an analysis of design in small groups,...
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Lesson Plan
Teach Engineering

Show Me the Money

For Teachers 6th - 8th Standards
Class members learn how to estimate the total costs involved to design and build a bridge by including design, material, equipment, and labor costs. The activity includes a discussion about the trade-off between cost and aesthetics.
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Lesson Plan
California Department of Education

College: Plan Well and Pay Less

For Teachers 11th Standards
They say you gotta pay to play, and postsecondary education is no exception! High schoolers learn how to research and analyze the cost of postsecondary education as well as the different ways to pay for schooling. Learners then work...
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Lesson Plan
Council for Economic Education

The Economics of Income: If You’re So Smart, Why Aren't You Rich?

For Teachers 9th - 12th Standards
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...
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Lesson Plan
Curated OER

The Consumer Price Index: A Measure of Inflation

For Teachers 7th - 9th
Students examine inflation over the years and learn to calculate how it changes over time. In this money management lesson, students learn how price changes affect their purchasing power, how to come up with strategies for dealing with...
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 9th - 12th
Students review the concept of opportunity cost. Using a clip from a money, they identify the people who made a choice and the value of the choice given up. They read various scenarios about opportunity costs and trade-offs and make...
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 9th - 12th
Students explore the concept of opportunity cost. Classmates discuss, orally and in writing, a time when they had to make a choice when all choices seemed worthwhile. They explore the impact of making decisions when resources are...
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Lesson Plan
Curated OER

Free Enterprise -- Product Cost

For Teachers 9th - 12th
Students are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with the class.
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Lesson Plan
Curated OER

The REAL Cost of College

For Teachers 7th - 12th
Learners explore the cost of college and how to plan and save. In this money management instructional activity students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and...
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Lesson Plan
Curated OER

Free Enterprise--Product Cost

For Teachers 9th - 11th
Students apply basic math skills in computing a product cost.
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Lesson Plan
Curated OER

Smoking: The Real Cost

For Teachers 3rd
Third graders discuss the adverse effects of smoking and predict the financial cost of a smoking habit. They collect data regarding the cost of a pack of cigarettes and average packs smoked a day. They create bar graphs displaying the...
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Lesson Plan
Curated OER

The Cost of Raising a Child

For Teachers 10th - 11th
Young scholars study the cost of raising students based on different geographic locations and income levels. They study tables from the USDA and listen to audio tapes.
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Lesson Plan
Curated OER

Opportunity Cost

For Teachers 7th - Higher Ed
Students study what opportunity cost is and why it is important to their lives.
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Lesson Plan
Curated OER

Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Young scholars are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
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Lesson Plan
Curated OER

Monthly Cost of Living - Menus

For Teachers 6th - 8th
In this economics worksheet, learners plan the meals for the period of one week. The cost for the food is then computed through looking them up on the Internet.
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Lesson Plan
Curated OER

And You Thought Gasoline Was Expensive!

For Teachers 3rd - 12th
Learners carry out a cost analysis. In this comparative math lesson plan, students compare the cost of equal measures of gasoline to mouthwash, house paint, fruit juice, white-out, and other liquids.
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Lesson Plan
Curated OER

Economic Reasoning: Why Are We A Nation Of Couch Potatoes?

For Teachers 9th - 10th
Students examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.
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Lesson Plan
Curated OER

Virtual Field Trip

For Teachers 5th - 7th
Are we there yet?  Young trip planners learn about their state and plan a trip. They will select sites to see in three cities in their state, and record associated costs in a spreadsheet. While this was originally designed as a...
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Lesson Plan
Curated OER

Choosing Coins

For Teachers 1st
In this mathematics worksheet, 1st graders identify what coins can be used to buy a toy train. Then they count out how much money is given and write that amount in cents. Students also trace or draw the coins to match each price listed.
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Lesson Plan
Curated OER

Location of Resources in Early Civilizations

For Teachers 6th
Sixth graders define scarcity and opportunity costs.
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Lesson Plan
Curated OER

Market Basics: Demand, Supply, and Price Determination

For Teachers 9th - 12th
Students are introduced to the concepts of supply and demand. Using the Law of Demand and Supply, they develop charts and graphic models of supply and demand. They compare and contrast the behavior of consumers and suppliers when there...
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Lesson Plan
Curated OER

How Much Does Smoking Really Cost?

For Teachers 5th
Fifth graders discuss their future plans with the counselor and then complete the True/False survey. They read through the tobacco fact sheet and answer questions asked by the counselor. As a group, they calculate the cost per cigarette...

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