Identifying Opportunity Cost
Students work together to examine the concept of opportunity costs. They complete a practice problem and solve other problems during the class period. They share their solutions with the class.
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The Market Economy
From consumers and producers to profits and incentives, offer your learners an overview of the market economy and the concept of supply and demand. Here you will find reading materials that cover several fundamental terms of economics,...
6th - 12th Social Studies & History CCSS: Designed
Savvy Spending: Sharpening Money Decisions
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 will...
9th - 12th Math CCSS: Adaptable
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
9th - 12th Social Studies & History CCSS: Designed
Globalization: Threat or Opportunity for the U.S. Economy?
Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...
9th - 12th Social Studies & History
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in the production of a car, and use that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources,...
10th - 12th Social Studies & History CCSS: Adaptable
New Review Lesson 1: Katrina Strikes
Most families have an emergency kit in their home with flashlights, water, and extra food. But what happens to your money when disaster strikes? An economics lesson focused on the aftermath of Hurricane Katrina in 2005 demonstrates the...
7th - 12th Math CCSS: Designed
Comparative Advantage: Econ Concepts in 60 Seconds
Walk your learners step-by-step through the process of creating a comparative advantage chart with a sample problem involving the production of cars and rice on a production possibilities curve.
4 mins 11th - 12th Social Studies & History CCSS: Adaptable