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Curated OER
Susan's Choice
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.
Curated OER
Buying Coffee
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.
Mathed Up!
Best Buys
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.
California Department of Education
College: Plan Well and Pay Less
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...
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
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...
Radford University
How do I Choose the Most Cost Efficient Scooter Rental Plan for My Family?
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...
Radford University
Tuition Cost Activity
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...
K20 LEARN
Tuition Costs and STEM Graduates
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.
Curated OER
The Consumer Price Index: A Measure of Inflation
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...
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
Curated OER
Opportunity Cost
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...
Curated OER
Opportunity Cost
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...
Curated OER
Free Enterprise -- Product Cost
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.
Curated OER
The REAL Cost of College
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...
Curated OER
Free Enterprise--Product Cost
Young scholars apply basic math skills in computing a product cost.
Curated OER
Smoking: The Real Cost
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...
Curated OER
The Cost of Raising a Child
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.
Curated OER
Opportunity Cost
Learners study what opportunity cost is and why it is important to their lives.
Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
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...
Curated OER
Monthly Cost of Living - Menus
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.
Curated OER
Production Possibilities & Opportunity Cost
For this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
Curated OER
Consumer Price Index Worksheet
For this economics worksheet, students respond to 2 problem solving questions regarding production and the consumer price index.
Curated OER
And You Thought Gasoline Was Expensive!
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.
Curated OER
Word Problem Solutions
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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