Curated OER
Farmers and Growers
Students explore the lives and work of the farmers and growers of specialty crops of the West. The amount of land and natural resources needed, the fertilizers utilized, and the market available for the crops are investigated in this...
PBS
Pbs Learning Media: Estimating Costs, Estimating Profits
Franklin works with Laverne to create a budget for a job painting a room, in this video segment from TV 411.
Other
Consortium for Entrepreneurship Education: Just What Is Profit?
Just what is profit? This article discusses an economics definition of profit, decisions that affect profit, and how to maximize profit.
Save And Invest
Finra Investor Education Foundation: Revenue, Expenses and the Break Even Point
This lesson plan introduces students to fundamental concepts of successfully starting and running a business, focusing on revenue, expenses, expansion and use of break-even point analysis.
Save And Invest
Finra Investor Education Foundation: Break Even Point
This lesson plan introduces students to fundamental concepts of starting and running a business, focusing on break-even point analysis.
iCivics
I Civics: The Market Economy
This lesson teaches the basics about the market economy, including the relationships between consumers and producers, supply and demand, and profit and incentive. Students learn six traits of a market economy, compare the market economy...
Auburn University
Auburn University: A Glossary of Political Economy Terms: Profit
This site provides a good definition of the economic concept of profit prepared by Dr. Paul Johnson of Auburn University.
Texas Instruments
Texas Instruments: Let's Go to the Furniture Market
This lesson is designed to have students use linear programming to relate mathematics to the business world. Students calculate profits for a furniture business to prepare for the famous, semi-annual "Furniture Market" in North Carolina.
Palomar Community College District
Palomar College: Lesson 1: Production Costs
This lesson provides a good outline for a unit on the study of "production costs". Charts and graphs are provided to help understand a firm's cost curves, and at what level of production they should produce.
Other
Foundation for Teaching Economics
The Foundation for Teaching Economics provides lesson plans and curriculum materials in a variety of areas of economics. Games and exercises enhance the lessons provided. Teachers can search by keywords or choose lessons from the list...
Annenberg Foundation
Annenberg Learner: Graphing Lab: Moose Synthesizer Co.
In this interactive economics lab, students help Albert Moose determine how to price his product, music synthesizers, based on costs and revenue. Students create supply curves to help in the decision process.
Council for Economic Education
Econ Ed Link: How Labor Got Its Day
If you asked students what comes to mind first when they think of Labor Day, what do you think they would say? The last days of summer? A family picnic? Shopping the Labor Day sales? The purpose of this lesson is to broaden and deepen...
Council for Economic Education
Econ Ed Link: The Price of Gasoline: What's Behind It?
In this lesson plan, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
Council for Economic Education
Econ Ed Link: One Hen: How One Small Loan Made a Big Difference
The picture book One Hen: How One Small Loan Made a Big Difference, written by Kate Smith Milway, takes place in Africa. Here in a Ghanan village, young Kojo cannot afford to go to school after the death of his father. His resourceful...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 4)
This instructional activity deals with credit, and wraps up this unit on finance.
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
Council for Economic Education
Econ Ed Link: What Happened to Railroads?
Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral part of people's lives. In this lesson, students assume the role of detectives investigating why the rail companies...
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 3)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
University of Nebraska Omaha
Ec Ed Web: How Can Big Business Make Money From Tariffs?
In this activity, students 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 between time periods. They then...
Council for Economic Education
Econ Ed Link: Transportation: They Say We Had a Revolution (Part 3)
Advancements in transportation have played a key role in the growth of our nation. U.S. government policies have also had a considerable impact on the development of transport as we know it today. For this series of three lessons, the...
Khan Academy
Khan Academy: Profit Maximizing Behavior in Perfectly Competitive Factor Markets
Practice what you have learned about the way firms choose the optimal use of inputs in this four-question exercise.
Khan Academy
Khan Academy: Profit Maximization
Practice what you've learned about profit maximization and how to apply the profit maximization rule in this four-question exercise.
National Council of Teachers of Mathematics
Nctm: Figure This: Movie Money
Do movie theaters make lots of money? You can find out when you try this math challenge that explores profit and loss in the theater industry. Discover why understanding problem solving, percent, and basic calculations are essential in...
Social Studies for Kids
Social Studies for Kids: Summer Fun: The Economics of the Lemonade Stand
Read about the basic economic principles involved with a summer lemonade stand. Find out more about wants, profits, and strategies for increasing sales.