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Profit and Loss
In this reading a graph activity, students analyze a graph to determine profit and loss. Students answer comprehension questions about the information in the graph.
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Calculating Profits from Selling Virtual Lemonade
Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology instructional activity, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students...
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Incentives, Profit and the Entrepreneur
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.
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How Do You Profit From Trading Stocks?
Learners calculate gains and losses of stock portfolios. Although the Global Stock Game (GSG) calculates profits and losses automatically, students should learn the basic math skills in calculating their stock investment the...
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The Role of Profits in the Economy
Young scholars discuss the role of profits in an economy. As a class, they explain why profits are an incentive and practice calculating profit and loss. They discover what a firm in capitalism must do to earn profits and explain the...
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Profit, Loss and Value Added
Young scholars discover the meaning of profit and identify different types of profits. They examine the functions of profit in a business. They discuss the basic forces behind a market system.
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Short-Run and Long-Run Competitive Equilibrium
Calculate profit and loss, plot on diagrams, and solve problems for given scenarios and variables in this 3-page worksheet. Students will obtain excellent practice after completing these pages.
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Finance and Accounts 1: Basic Principles
Students distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
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Profit/Loss Worksheet
In this profit and loss worksheet, learners practice their addition and subtraction skills as they use cost price and selling price to determine the net profit of loss in 20 problems.
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How Do You Profit From Trading Stocks?
Students see how to calculate the gains and losses of their stock portfolios. They use basic math skills in calculating their stock investment the old-fashioned way.
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Economics: Incentives, Profit, and the Entrepreneur
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.
Federal Reserve Bank
Worth!
Before loaning a friend money, what factors would you consider and why would you lend it? Your young economists will face questions like these in a lesson on banking, profit, risk, and reward, which includes the reading of the book...
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Lemonade Business Stock Market Intro
Students role play as business owners in order to learn about how certain aspects of business works. In this 3rd - 6th grade lesson plan, students experience creating and running their own business, including earning profits and...
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Starting Your Own Business
Fifth graders read a book and complete several correlating activities to learn how to start their own business. In this economic and math activity, 5th graders read the book The Toothpaste Millionaire. Students define the term...
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What is a Stock? or, Who Owns McDonald's?
Learners explore profit and risk. In this economics lesson, students read about McDonald's and Nabisco stock and discuss the risks and rewards of stock ownership. Printable worksheets ask questions about rights of stock owners and the...
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Competition and Market Structure
Students 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.
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Oklahoma Wheat on the World Market
Sixth graders explore profit and loss in the wheat trading market. In this sixth grade mathematics lesson/social studies lesson, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and demand and...
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Accounting
Students explore the principals of accounting and operating a business. In this business or financial math class, students investigate business documents, day books, bookkeeping, balance sheets, etc. in this self-paced comprehensive unit.
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To Clear or Not To Clear, That Is the Question
Pupils plan how to manage a fictional timber resource. For this earth science lesson plan, students research the options and repercussions of logging a forested plot of land. Pupils consider the implications of logging to the animal...
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Chapter 23: Pure Competition
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...
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Playing the Stock Market
Students analyze how the performance of a company affects its stock value resulting in profits or losses. They simulate buying stock and earning dividends.
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Small Business
Students simulate owning and running a small business by playing Lemonade Stands. They play the game for three weeks, then work with a partner to produce a Power Point presentation which would be given to a Board of Directors showing...
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Graphing Perfect Competition
In this Graphing Perfect Competition worksheet, students analyze seven graphs, then must add to them or create their own based on directions.
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Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
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