Council for Economic Education
Econ Ed Link: Trouble Is Brewing in Boston: "Colonial Voices Hear Them Speak"
It's December 16, 1773 and many of the citizens of Boston are furious with King George's new tax on tea. Young Ethan, a printer's errand boy, has been given the task of conveying information concerning an upcoming protest meeting. As he...
Council for Economic Education
Econ Ed Link: Everyday Opportunities
In this activity, students will learn about choices and opportunity costs that occur every day. While this activity will go on throughout the day, the actual activity is short.
Council for Economic Education
Econ Ed Link: We Are Consumers and Producers
This lesson plan is geared toward beginning economics concepts. "In this lesson you are going to learn more about how you and others are consumers and producers."
Council for Economic Education
Econ Ed Link: Clickety Clack, Let's Keep Track!
This lesson will show students the importance of keeping track of their savings.
Council for Economic Education
Econ Ed Link: Economic Spotter: Resources During World War Ii
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!
Council for Economic Education
Econ Ed Link: Car Loan Project
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...
Council for Economic Education
Econ Ed Link: The Price We Pay for Health: Us and Canada
Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the trade-offs associated with those positive aspects. In Canada, everyone has health care,...
Council for Economic Education
Econ Ed Link: Staying Afloat Financially in the 21st Century
This instructional activity will help students identify how to make good decisions which will help them financially in the future. Students will identify how to take their own wants and work them into a form of a personal budget....
Council for Economic Education
Econ Ed Link: Big Banks, Piggy Banks
When choosing a place to put their money, people consider how safe there money will be, how easy it is to access, and whether it will earn more money. Students explore how well different savings places achieve these objectives. This...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 2)
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Council for Economic Education
Econ Ed Link: Q T Pi Fashions Learning About Credit Card Use
Credit cards are convenient, user-friendly, and at times dangerous. In this lesson, young scholars learn the joys and dangers of using credit as they help Credit, the main character in this activity, solve her credit problems.
Council for Economic Education
Econ Ed Link: Mobile Phones Matter
A instructional activity exploring whether or not mobile phones matter when it comes to financial management and financial decision-making.
Council for Economic Education
Econ Ed Link: Show Me the Money!
Students will investigate unforeseen costs of car loans and/or house loans. They will then evaluate the economics of decision making, the ramifications of their choices, and options available to them. Students will compute costs and...
Council for Economic Education
Econ Ed Link: Break a Leg
In this lesson, students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost of medical care...
Texas Education Agency
Texas Gateway: Chapter 2: Choice in a World of Scarcity: Key Terms
This is a list of key terms and definitions covered in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
Council for Economic Education
Econ Ed Link: Do You Have a Yen to Go to College?
Help Carlos determine his financing options for college based on his current level of investment and the financial packages offered by several different schools. Evaluate these options, and then recommend which path Carlos should take to...
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: What Are Incentives?
Young scholars will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home and in school, the students will distinguish between positive and negative incentives.
Council for Economic Education
Econ Ed Link: The Best Deal
Students will learn how to determine 'price per unit' to help make decisions when comparing products.
Council for Economic Education
Econ Ed Link: Inventive Incentive
There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are known as incentives.
Council for Economic Education
Econ Ed Link: The Mystery of Is It Mine or Ours?
Students will learn that people respond predictably to positive incentives (rewards) and negative incentives (penalties). They will identify incentives in their daily lives at home and school. Students will discuss which incentives have...
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: Chevy Volt It's Electric!
The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed.