Costs of Living

Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource...

Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for...

From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.

Introduce the multiplier effect to your class members and help them understand the difference between the marginal propensity to consume and save.

The dynamics between the economies and politics of the United States and the Middle East are here to study. Upper graders read and discuss scenarios relating to OPEC and the current oil crisis, then in small groups role-play members of...

The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...

Does the government really control the prices of consumer products? Scholars look into the concept of price signals and how they relate to the overall buying and selling power in a market economy. The 12th lesson of a 21-part Economic...

Effective or ineffective? As part of a study of post Civil War America, young historians analyze a series of primary sources to evaluate the effectiveness of the Freedmen's Bureau in addressing the challenges faced by the slaves freed by...

When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a lesson plan that focuses on OPEC and...

Students explore the cost of college and how to plan and save. In this money management lesson students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and how they apply to...