Students apply basic math skills in computing a 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.

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

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...

In this economics activity, learners use their problem solving skills to respond to 28 questions regarding demand and supply.

Students explore the concepts of estimating and rounding. In this estimating and rounding lesson, students play a game of tic-tac-toe. Students pick items and must estimate their cost by rounding. Students estimate the costs of pretend...

In this economics activity, students use their problem solving skills to respond to 34 questions about supply, demand and prices.

In this economics worksheet, students respond to writing prompt questions about supply and demand issues in the world economy today.

For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.

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...

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...

Students explore standardization and mass production by creating verbal visual vocabulary tables. They discover how industrial inventions increase profits for businesses. Students create three-tiered definition concept trails using...

In this international economics worksheet, students use their problem solving skills to respond to 25 questions about supply and demand.

Learners learn that the price of an item is defined by its supply and demand. In this lesson students graph the relationship between demand and supply of various products, learners also consider hidden costs.

Class members gather information on different brands of athletic shoes to determine which is the best buy. They identify a toy they would like to buy, and gather comparative information from a store, a catalog, and three websites.

Learners identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...

Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.

Students identify the various externalities for any type of production. Using that information, they examine situations in which they are positive and negative. They discuss government efforts to protect the environment and humans. In...

Students discuss the positive and negative externalities of various situations. They use the concept of property rights in discussing specific problems.

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.

In this vocational worksheet, students answer nine questions about a product they could market and determine if it meets customer needs.

Students use data collection and analysis, statistics, and probability in problem-solving situations and communicate the reasoning used in solving these problems.

Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this instructional activity is highly engaging and enables them to discover how economics can be an exciting...

Young scholars become aware of the history behind pizza and how it was adapted to the economic and geographic conditions of the United States. They have a basic understanding of the concepts of supply and demand.