Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Curated OER
Source Search: Agricultural Products
Farmers just farm, right? Find out how important agricultural products are to our modern society. Learners will explore the foods, textiles, and fuels made from industrial farm goods. They'll also explore the idea of choosing an...
Curated OER
Benjamin Franklin: Goods and Services in Colonial America
Fifth graders examine the impact of Benjamin Franklin's ideas on the goods and services available in Colonial America as well as analyze the importance of Franklin to modern society. While listening to "How Ben Franklin Stole the...
Federal Reserve Bank
GDP: Does It Measure Up?
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional worksheet that details the expenditure method and four components for...
K12 Reader
The Product-Quotient Connection
How are multiplication and division connected? Read a passage about inverse operations to find out how you can use products and quotients to check your work when completing an equation from the opposite operation.
Texas Education Agency (TEA)
Production, Distribution, and Other Business Operations
It's all good! Using the informative resource, scholars learn about the difference between goods and services. After researching inventions that have changed lives for the better, partners work together to design a service or product...
Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Curated OER
Rationing Scarce Goods and Services
Learners examine the concept of scarcity. They list ways in which they can all get a piece of a good or service. They discover the concept of scarcity and discuss.
Curated OER
Focus on Economic Data: US Real GDP Growth, August 26, 2011
Young economists answer a series of critical thinking questions as they analyze real data that shows GDP Growth. They examine the provided charts, read through the background information, and discuss changes that occurred in the third...
Curated OER
Aunt Isabel Tells a Good One...
Explore language arts by reading two similar stories in order to compare and contrast them in class. Young readers read two Aunt Isabel books, by Kate Duke, and discuss the main characters, plot, and setting. They complete a graphic...
Curated OER
America's Heartland: Step-By-Step Lesson Guide
An excellent resource gets kids looking at agricultural production to better understand the careers needed in distributing foods from the farm to the consumer. Book, poster, web, and video links are included for teacher use. There is...
Curated OER
One Million: The Product of Two Numbers
In this product worksheet, learners solve 1 word problem. Students try to find two numbers whose product is one million, but neither number has zeros in it.
Curated OER
Animation Pre-Production
Does your class love reading cartoons? Use their talents and interests to examine the process of writing a story they wish to tell through a cartoon. They develop the beginning, middle, and end of a story based on their original...
Curated OER
Chapter 7: Measuring Domestic Output, National Income, and the Price Level
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
Curated OER
Production: Specialization and Division of Labor - Grade Three
Learn about the concept of specialization of labor with your class. In this specialization of labor instructional activity, 3rd graders work in teams to produce a product. They work in either a division of labor or independent production...
Curated OER
Chapter 10: Aggregate Expenditures (The Multiplier, Net Exports, and Government)
Effectively portraying the multiplier effect and the gaps within recession and inflation periods, these slides would be a good resource for both a beginning and advanced economics class. Clear, easy-to-read graphs and charts take viewers...
Curated OER
Made from Animals
Here is a terrific lesson for elementary schoolers on products that come from animals. In it, pupils discover that we get a lot more than just food from animals. After a class discussion and teacher-led demonstration, learners utilize...
Curated OER
Econ in a Bag
Here is a nice idea, have your young entrepeneurs form their own companies. Each company is given a paper bad to locate and place resources in that they can use to create products their businesses sell on Sale Day. They identify and...
Curated OER
Student Handout 6A :Trail of the Tomato Group A: Fast Food Chains /Grocery Stores
There is a lot to be learned from a tomato. Kids research the pressures that four major fast food and supermarket chains endure to keep customers coming back. They analyze how this pressure is then transferred to those working in the...
College Board
2004 AP® Microeconomics Free-Response Questions
All goods have a social cost. A set of questions considers how to best calculate the impact the production of goods has on society. Other practice problems from College Board consider supply-and-demand curves and the impact of licensing...
Sharp School
Real Life Economics 101
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
Curated OER
The Good Earth - Essay Questions
In this literature worksheet, high schoolers respond to 6 short answer and essay questions about Buck's The Good Earth. Students may also link to an online interactive quiz on the novel at the bottom of the page.
Curated OER
#24 How Much Air Is In Foamed Polystyrene Products?
Students are challenged to come up with a good estimate of the amount of air in foamed polystyrene products. They use this gas evolution experiment and as such have students measure the gas generated when foamed polystyrene is degassed...
Curated OER
Blending into Good Speech
Your class can increase their production of the target phoneme /sh/ through the use of video, the Internet, and hands-on activities listed here. Sound out the phoneme altogether, then model words that include /sh/ at the beginning....