Activity
Curated OER

Susan's Choice

For Teachers 2nd - 3rd Standards
Young economists explore opportunity cost by counting how much money Susan has in her piggy bank. From here, they are challenged to help Susan make a choice about what she can buy with her money. 
Assessment
Curated OER

Buying Coffee

For Students 6th - 8th Standards
Starbucks or house blend? Pupils analyze the unit rate as the cost per pound of coffee. They use a graph to visualize the unit rate given the cost for a quantity other than one pound.
Assessment2:53
Mathed Up!

Best Buys

For Students 6th - 8th Standards
Which scenario is the better deal? Class members examine nine scenarios to determine which choice offers a better deal. Pupils decide whether they need to find unit costs or total prices to compare the two options.
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...
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...
Performance
Radford University

How do I Choose the Most Cost Efficient Scooter Rental Plan for My Family?

For Teachers 9th - 12th Standards
Pupils compare the cost of renting scooters for a family vacation from three different rental places. To help make their decision, scholars create tables, equations, and graphs of the pricing structure. Individuals then determine which...
Performance
Radford University

Tuition Cost Activity

For Teachers 9th - 12th Standards
Can I afford to go to college? Small groups design a method to research college tuition for several years and make a prediction of costs in 2025. Classmates plot the the data on a scatter plot and graph the line of best fit to make their...
Lesson Plan
K20 LEARN

Tuition Costs and STEM Graduates

For Teachers 8th - 10th Standards
Tuition costs are always on the rise. Help your classes quantify this change using real tuition data. Future college scholars analyze data from 2012 and compare it to current tuition rates with a graphical analysis.
Lesson Plan
Curated OER

The Consumer Price Index: A Measure of Inflation

For Teachers 7th - 9th
Pupils 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...
Worksheet
Curated OER

Price Elasticity of Demand

For Students 11th - 12th
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
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...
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...
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.
Lesson Plan
Curated OER

The REAL Cost of College

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

Free Enterprise--Product Cost

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

The Cost of Raising a Child

For Teachers 10th - 11th
Students 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.
Lesson Plan
Curated OER

Opportunity Cost

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

Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Students 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...
Lesson Plan
Curated OER

Monthly Cost of Living - Menus

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

Production Possibilities & Opportunity Cost

For Students 12th
For this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
Worksheet
Curated OER

Consumer Price Index Worksheet

For Students 11th - 12th
For this economics worksheet, students respond to 2 problem solving questions regarding production and the consumer price index.
Lesson Plan
Curated OER

And You Thought Gasoline Was Expensive!

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

Word Problem Solutions

For Students 6th - 7th
In this word problem solutions activity, students solve and complete 5 different problems that include solving various types of word problems. First, they calculate the total cost and cost per students for the table shown. Then, students...

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