Curated OER
Globalization: Threat or Opportunity for the U.S. Economy?
Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...
Curated OER
Textbook Questions: Introduction to Economics
For this introduction to economics worksheet, students read the noted textbook pages and then respond to 4 short answer questions about the material they read.
Econoclass
What's Wrong With This Picture?
A variety of pictures are provided to help study many economic concepts. Could be a good classroom activity.
Federal Reserve Bank
Federal Reserve Bank of San Francisco: Ask Dr. Econ
A browsable and searchable archive of economics-related questions addressed to Dr. Econ along with the answers. The archive covers the years from 1998 to 2013.
![Digital History: The Theory of Laissez Faire [Pdf] Website](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Digital History: The Theory of Laissez Faire [Pdf] Website")
Digital History
Digital History: The Theory of Laissez Faire [Pdf]
The economic philosophy of laissez-faire was espoused by Adam Smith in his book, Wealth of Nations. Read about the concepts of this philosophy, how it pertained to American business in the late 19h century, and what the drawbacks to...
Wikimedia
Wikipedia: Human Capital
Learn about the economic concept of human capital, including its origin and similarity to the views of Karl Marx.
Other
Federal Reserve Education: Core Concept Cards
Using Core Concept Cards is a quick way to reinforce economic and financial literacy concepts. This site offers quite a few ways to use these Core Concept Cards, including games to play with students, and interactive flash cards that...
Council for Economic Education
Econ Ed Link: Every Penny Counts
Lesson that helps learners understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand that...
Utah Education Network
Uen: Everyone Works
Lesson that helps students understand the economic concepts of goods and services. Students categorize economic activities as goods or services, and discuss the goods and services exchanged in If You Give a Mouse a Cookie by Laura Jaffe...
Utah Education Network
Uen: Lesson Plan: All I Really Need!
Lesson that helps learners understand the difference between needs and wants. Students discuss the story The Bag I'm Taking to Grandma's by Shirley Neitsel and then decide which items they need to take to grandma's house and which items...
Utah Education Network
Uen: Lesson Plan: Do I Want or Need?
Lesson that reinforces the difference between needs and wants as students discuss the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst. Includes link to discussion questions.
Utah Education Network
Uen: Producing and Consuming
Lesson that helps students understand the difference between producers and consumers. Students create booklets, making them producers, and then use the booklets to complete the lesson plan, making them consumers.
Council for Economic Education
Econ Ed Link: Lessons: Little Star's Problem
Lesson that helps student understand the decision-making process and introduces the concept of cost. Students listen to a story and take a short quiz. Includes links to the story and the quiz.
Council for Economic Education
Econ Ed Link: Lessons: Water, Water, Everywhere
Lesson that illustrates how people use water for transportation, farming, and fun. Students identify water as a natural resource and view images of the many ways that water can be used.
Council for Economic Education
Econ Ed Link: Inventors and Innovators Improve on the Original
This lesson plan focuses on discussion of inventions, brainstorming new products or improvements, and identifying the protection, production, and marketing processes.
Council for Economic Education
Econ Ed Link: The Perfect Pet
Consider the economic concept of scarcity while selecting items to buy at a pet store.
Council for Economic Education
Econ Ed Link: Competition Pizza
A lesson that teaches about competition in the marketplace that uses student-gathered information about businesses where they live. Includes student activities and links to national standards in economics and personal finance.
Council for Economic Education
Econ Ed Link: Lessons: Community Helpers Are at Your Service
Lesson that introduces students to the people who provide services to the community. Students understand the difference between goods and services, and brainstorm the people who provide services in their community. Includes links to...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Economic Systems
Helps students discover the three basic economic questions and how each system answers these questions, identify several key advantages and disadvantages for each economic system, recognize some economic indicators that can measure...
Wikimedia
Wikipedia: Opportunity Cost
Provides a clear explanation of opportunity cost in a way that is accessible to those new to economics. Includes links to terms that may require further clarification.
Quia
Quia: Economics Flashcards
Interactive flashcard activity defines fundamental economic terms and concepts.