What's the Cost?
This resource also includes:
- Join to access all included materials
Students consider what things cost 150 years ago and what those costs would be in today's money. They compare costs and services between the 1850s and today to find out if things are cheaper or more expensive today, in inflation-adjusted terms.
3 Views 1 Download
Beatrice’s Goat: A Lesson on Savings Goals
Youngsters learn the meaning of saving and how to reach savings goals by first reading a story of a young Ugandan girl who is gifted a goat, and then discovering the opportunity costs of savings decisions made by her and her family.
3rd - 5th Social Studies & History CCSS: Designed
When is a Wind Farm a Good Investment?
When will a wind farm pay for itself? Individuals calculate the anticipated annual revenue for two proposed wind farms. By comparing the number of years it takes to pay back the initial investment, they determine which site makes the...
6th - 12th Math CCSS: Adaptable
Chocolate Taste-Testing: Introduction to Loco for Cocoa
Is the price of chocolate a good indicator of taste? Your learners will approach this question through experimentation and analysis, and will then delve into the rich history and complexity of cacao and chocolate.
1st - 8th Social Studies & History CCSS: Adaptable
The Pickle Patch Bathtub
What do your pupils want to save up their money for? Based around the book The Pickle Patch Bathtub, this lesson covers opportunity cost, saving, and spending. Learners participate in a discussion and practice making their own savings...
3rd - 5th English Language Arts CCSS: Designed
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