Pupils 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 work together in teams to role-play a cartel. Using that information, they all produce the same commodity and they are trying to make as much profit as possible. Each group completes a balance sheet and calculate the amount of...

Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...

Young scholars review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the...

Poring over the details and characteristics of monopolistic and oligopoly systems, these slides include charts, graphs, and key terms to help viewers truly grasp the concepts behind each market model. From budding economists to...

Students discuss both positive and negative economic incentives. In this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.

Students identify the costs and benefits of large corporations and monopoly industries. Using the internet, they discover how businesses use different types of exploitation to maximize their profits. They read two articles about plants...

High schoolers participate in a simulation in which some are buyers and some are sellers in a trading activity. They set their own prices and record transactions. Then they calculate who made the biggest profit. They discuss the results.

What does your class know about GMOs? Are they savvy to selective breeding? Challenge young minds to engineer the greatest crop of all time using a hands-on genetics unit. Learners discover the good and bad details of selective breeding,...

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...

Monopoly is more than a game in this presentation, which explores the characteristics of four different market models. Representing the concept of a monopolistic economy in both charts and graphs, the information in these slides can be...

High schoolers investigate the free-market system and anti-trust laws. In this Bill of Rights lesson plan, students listen to their instructor present a lecture on the details of monopolies and the progressive reform movement...

Students identify entrepreneurial opportunities that exist in their own community. From this information they determine possible market niches and identify potential businesses that could be started to meet the demands of these niches...

Young scholars explore the concept of company expansion. For this company expansion lesson, students read an article about FedEx and how it was able to expand. Young scholars discuss how FedEx was able to expand. Students discuss reasons...

Young scholars examine the uncertainties of investing in the stock market. They look at how company profits, good or bad news, and new competition affect share prices. They write and discuss journal entries about share prices before...

Students discover for which kind of linear function is appropriate to use the "scatter" or the "connected" term. In this instructional activity, students investigate functions using variables, patterns book, graph paper, rulers and the...

Students examine the significance and effects of outsourcing jobs to India and Malaysia. They conduct Internet research, create a map and a timeline, write an editorial of their view on the use of outsourcing, and participate in a class...

Twelfth graders explore the basic principles of the US free enterprise system. They examine the basic principles of the US free enterprise system including profit motive, voluntary exchange, private property rights, and competition.

Industrialization and mechanization of products such as cars have deeply affected the US economy. The class discusses the affects of Ford's assembly line production of automobiles. They watch a video, fill out worksheets, and investigate...

Young scholars define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.

Middle and high schoolers read and discuss articles about the mussel industry in Arkansas. They pay close attention to the history of pearling and button making industries on the Black and White Rivers of Arkansas. This impressive,...

Students focus on the role played by a nation's institutions in generating creativity, invention and innovation, and analyzes how innovation promotes the economic growth that raises standards of living and alleviates poverty.

Learners plan a lemonade stand to compete with another stand and examine their decisions from the consumer and producer's point of view. They discuss the law of supply and demand, plan for their lemonade stand, and write an essay...

Young scholars investigate the impact of tariffs on businesses and consumers during the 1880s by looking at a political cartoon, solving a short math problem and comparing protectionism in the 1980's to protectionism in the 1880's.