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Reality Store: How to Plan a Budget, Pay Bills, and Manage Your Money
Students plan a budget and pay bills when they visit the "Reality Store," a series of classroom studying stations. The use of paying bills and running a class store is used to help students grasp the concept of business.
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We're On Display
Students create store displays to create an understanding of the importance of marketing in the world of business. The project is intended to be ongoing with the advertising scheme to be changed frequently.
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Sunderland: Discovering Cities
Scholars investigate a local city (Sunderland) by participating in a discussion. They explore the different elements of the UK city by identifying the industrial and economic aspects. They also read an interview of two people speaking...
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Solving Math Problems In the Real World
Upper elementary and middles schoolers discuss and solve real world applications of math. They use formulas for volume and percents to answer real world questions. In the second part of the lesson, groups write and solve word problems....
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Government and Economics: The Ties that Bind
Students discover the relationship between government and economics. They examine concepts explained by Adam Smith and present them to the class. They also discover economists who have made a lasting contribution to the world.
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Teaching Basic Banking Principles
Students listen to the story, "Recollections of Pine Gulch, 1840-1860" to determine how banks "create" money, what reserves are, and what a "run" on a bank is.
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Caught in a Net
Students read and discuss the bycatch of the sea and the economic impact of taking bycatch away. In this bycatch lesson plan, students discuss the rights of fisherman and observe pictures of sea animals.
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Race, Education, and Income: Comparing Carter & Reagan
High school learners compare economic outcomes for 3 racial groups under the presidencies of Jimmy Carter and Ronald Reagan by analyzing a series of graphs, answering questions from a worksheet, and participating in a discussion.
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Economics Quiz
Let your scholars test their economics skills with this 55-question quiz! They respond to fill-in-the-blank and multiple-choice questions pertaining to the study of microeconomics and macroeconomics. All answers are provided, and the...
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Explorations in Economic Demand, Part I
Your economists will relate to the choices at hand in this personal budgeting scenario. A passage describes Bob's predicament: he's going away to college and must buy his own clothes, including the pricey Levis he wants to buy 8 of....
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An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...
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One Dollar Around the World
Twelfth graders collaborate via ePals with another student from another country. They compare the value of a dollar with its power of acquisition in other countries. They list one dollar items and find the corresponding price in other...
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Making Binding Agreements
A verbal contract can be legally binding under the right circumstances. Upper graders are assigned verbal topics to study and present. They prepare and deliver a 2-3 minute talk about their topic. Each topic relates to an aspect of...
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Consumer Borrowing and Spending
Credit can be confusing for teens, some of whom are already using credit cards. Clear up misconceptions with this group research activity which has a solid outline with a lot of room to adjust to your needs and resources. Groups are...
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Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson plan is highly engaging and enables them to discover how economics can be an exciting field of...
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Markets in Action
Have your class apply concepts from lectures and use from simple examples to discuss more complex problems that have been reported in the news. This is a lecture driven lesson plan with a lot of interesting information.
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The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
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It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
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Food Insecurity
Explore food insecurity and resource scarcity with your class. They discuss the sharing of scarce resources, how to be good caretakers of these resources, and how choices impact the entire world.
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Basics Of Foreign Trade And Exchange
Have your scholars read a handout related to the foreign trade market and how there is an exchange of goods. They read the information as a research assignment and make connections as to how the market fits together.
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A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
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Taxi: A Book Of City Words
First graders engage in a literature study that helps them to focus on the concepts of goods and services. They describe the various skills people may need at home, school, and work. Students create a map of businesses found in the city.
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Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...
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Elementary Economics:Making Smart Choices
Students understand what good and bad choices are in regards to money and review and reinforce the value of each coin. They identify parts of a story as well as the sequencing. They then create their own sequence of events in words...