Curated OER
Cost Effective Buying
Students evaluate energy-related purchases. In this consumer awareness lesson plan, students visit an appliance store and rank the products' cost effectiveness by using a mathematical formula.
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...
Practical Money Skills
Making Decisions
Money represents decisions: spending decisions, saving decisions, and investing decisions. Encourage young adults to think about the decisions they make with their money in a three-day unit about personal finance, consumer spending, and...
Greater Good Science Center
See The Good Challenge
Scientists study all sorts of things. For example, studies show that it feels good to feel grateful. Feeling grateful also contributes to physical health and strengthen relationships. In the second lesson about gratitude, class members...
Curated OER
The Consumer Price Index: A Measure of Inflation
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...
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
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
Production Possibilities & Opportunity Cost
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
Curated OER
Monthly Cost of Living - Menus
In this economics worksheet, students 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
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
Free Enterprise--Product Cost
Students apply basic math skills in computing a product cost.
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Curated OER
Economic Reasoning: Why Are We A Nation Of Couch Potatoes?
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.
Federal Reserve Bank
Market Basket SMART/ActivInspire Lesson Plan
Inflate your knowledge, not the economy! Pupils learn more about inflation with detailed worksheets and exciting activities such as role play, an interactive PowerPoint presentation, and a project in which they design a podcast on...
WindWise Education
When is a Wind Farm a Good Investment?
When will a wind farm pay for itself? Individuals calculate the anticipated annual revenue for two proposed wind farms. By comparing the number of years it takes to pay back the initial investment, they determine which site makes the...
Curated OER
Market Basics: Demand, Supply, and Price Determination
Learners 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...
Curated OER
The Euro: Classroom Exercises
Students examine trade between the United States and the European Union. In this costs of goods lesson plan, students conduct research to identify the costs of goods made in the EU in America and the cost of goods made in America in the EU.
Curated OER
Are things Really More Expensive Today?
Students explore the topics of inflation and deflation within the economy. The Consumer Price Index is used to contrast the price of goods today with that of years past.
Curated OER
Producers, Consumers, Goods and Services
Second graders explore producers and consumers. In this social studies lesson plan, 2nd graders read a story and discuss the concept of producers, consumers, goods and services. Students portray various roles and discuss if they are a...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Curated OER
Economics
Third graders write about a time they have experienced supply and demand affecting price. In this economics instructional activity, the students define basic economic words, then the teacher introduces a real-life example of supply and...
Curated OER
Describe a Shop or Restaurant
In this describing a shop or restaurant worksheet, students complete a graphic organizer to describe the style, cost, location, good points, bad points, and other information and write descriptive sentences about the shop or restaurant....
Curated OER
Market Simulation
Students explore the role of markets in Asian countries. They bring items from home to barter with to simulate markets. They discuss the advantages and problems of exchanging and how price is determined.
Curated OER
Trade Offs and Opportunity Cost
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...