Council for Economic Education
Econ Ed Link: No Room for a Sneeze
This lesson teaches students about scarcity and standard of living. In the book "No Room for a Sneeze", a folktale retold by Robyn Supraner, a farmer and his wife must deal with scarcity in their home so they turn to the Wiseman for...
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
Council for Economic Education
Econ Ed Link: You Decide!
Think about a difficult decision you have had to make. After you decided did it work out? Why or why not? Why do you think decisions and choices are hard to make? We make personal decisions and we make decisions as groups. There is a...
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)
Use this EconEdLink intermediate activity to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if you...
Council for Economic Education
Econ Ed Link: Off to Interactive Island
This site is a instructional activity that teaches students about scarcity and choice. Students participate in a simulation where they are asked to make choices about what they want to take with them in order to survive.
Council for Economic Education
Econ Ed Link: Traditional Economies and the Inuit
The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Students will...
Council for Economic Education
Econ Ed Link: There Is Something in the Water
The United States is losing 60,000 acres of wetlands each year. Is this good or bad? Does anyone really want to live in swamps, fens, bogs, and marshes? Or is it better economics to drain the wetlands for other purposes like agricultural...
Council for Economic Education
Econ Ed Link: Production Possibilities Curve
Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...
Council for Economic Education
Econ Ed Link: What Inefficiencies Lurk in Rent Controlled Housing Markets?
Imagine that you've just graduated from college and have been offered a position with a firm in New York City. You can't wait to start living in your own apartment! Explore the housing market and how it works.
Alabama Learning Exchange
Alex: Writing Roulette: Walmart Sells Everything!!!
As a part of the study of Economics, the students will cooperatively write an essay using terms associated with the basics of economics. In cooperative learning groups of four students will use a word list and prior knowledge to...
Khan Academy
Khan Academy: The Production Possibilities Frontier
The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and...
Khan Academy
Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs
An introduction to the concepts of scarcity, choice, and opportunity cost.
Khan Academy
Khan Academy: Scarcity
Practice what you have learned about the role of scarcity in microeconomics, and other basic economic concepts, in this four-question exercise.
Khan Academy
Khan Academy: Introduction to Scarcity and the Economic Way of Thinking
In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...
Khan Academy
Khan Academy: The Production Possibilities Curve Model
This study resource will help students understand, and create, graphs that are critical skills in macroeconomics. This article reviews the production possibilities curve model. This resource is designed as a review for the AP...
Khan Academy
Khan Academy: Lesson Summary: Introduction to Macroeconomics
This article summarizes the learning objectives and essential knowledge for the lesson on Scarcity. Here you will find key terms, key concepts, common misperceptions, and discussion questions to help you review what you have learned....
Other
Global Water Outlook to 2025 [Pdf]
This PDF resource describes the scarcity of water, the locations and amount of water of groundwater around the world, methods for reducing this scarcity, and the causes of the depletion. Provides a prediction for areas of groundwater...
Other
Whatiseconomics.org: Economic Scarcity
A brief overview of economic scarcity. Links to other economic-related topics.
Tutor2u
Tutor2 U: Economics: Scarcity and Choices
This website offers a simple examination of scarcity, finite resources, and needs vs wants.
PBS
Wnet: Thirteen: Eco Challenges
Research and report on two pressing environmental concerns in Africa: the scarcity of clean water and the desertification of farmland. Respond to these issues through activities involving art, drama and journalism.
University of Nebraska Omaha
Ec Ed Web: The Doughnuts
An economics and literature lesson addressing capital resources, increasing productivity, and research skills. Based on a story by Robert McClosky called The Doughnuts.