Council for Economic Education
Econ Ed Link: Understanding a Balance Sheet
A balance sheet shows the assets, liabilities, and net worth for a business on a given day. This business document is one of the major documents used in evaluating a business. Students will learn the components of a balance sheet by...
Council for Economic Education
Econ Ed Link: Utility
Can happiness be measured? Young scholars will learn how utility relates to economic decision making and the law of diminishing marginal utility.
Council for Economic Education
Econ Ed Link: Why Cities Provide Tax Breaks
Like the state and federal government, local governments offer tax incentives to businesses to help solve economic and/or environmental problems. In this lesson, young scholars will explore three different cities and determine what...
Council for Economic Education
Econ Ed Link: Why Do We Need Money? Think About Ebay!
The students investigate money--its purpose and functions. They complete an exercise, using the online auction site eBay, to learn why money is critical to an economy.
Council for Economic Education
Econ Ed Link: Collecting for Fun . . . And Profit?
Art, baseball cards, coins, comic books, dolls, jewelry and stamps are just a few examples of the many things people collect. While some people collect for fun, others hope to profit. In this lesson plan, learners explore how supply and...
Council for Economic Education
Econ Ed Link: It Ain't Where You Start, It's What You Got, and Where You End
This year's federal elections will involve electing a president, all members of the House of Representatives, and one-third of the Senate. Barring some international crisis, economic issues appear likely to dominate the debates. In past...
Council for Economic Education
Econ Ed Link: The Economics of Professional Sports: Underpaid Millionaires?
Over the last century, professional baseball has grown to become one of the most popular forms of American entertainment. Indeed, the sport's nickname - "America's Pastime" - has become embedded in the nation's lexicon. More than 60...
Council for Economic Education
Econ Ed Link: The Economics of the Family Farm
Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent farm crisis in this lesson.
Council for Economic Education
Econ Ed Link: The Economics of Voting: What Do You Mean My Vote Doesn't Count?
This lesson explores the costs and benefits associated with voting in national elections. Specifically, the concepts of rational apathy, rational ignorance and expressive voting are explained.
Council for Economic Education
Econ Ed Link: Was Babe Ruth Under Paid?
This lesson demonstrates a method for teaching young scholars about inflation and the Consumer Price Index, using baseball players' salaries for purposes of illustration. Babe Ruth's salary from 1931 is adjusted to account for changes in...
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.
Council for Economic Education
Econ Ed Link: Communities: What They Provide for Us
Click and drag the picture of each person the to the job that he or she performs.
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Council for Economic Education
Econ Ed Link: Goods and Services
Click and drag pictures to match each worker with the correct good or service.
Council for Economic Education
Econ Ed Link: Delivering the Goods
Learn about goods and services by clicking through descriptions of different kinds of workers. Then test knowledge with a matching activity.
Council for Economic Education
Econ Ed Link: Drag and Drop Activity: Goods and Services
Categorize pictures as either goods or services by clicking and dragging them to the appropriate column.
Council for Economic Education
Econ Ed Link: Making Cents Out of Centimes: The Euro
Use this intermediate lesson to teach your students about the European currency, the Euro. Interactive links take the learner to France where they learn about French money and French culture.
Council for Economic Education
Econ Ed Link: Vincent Van Gogh's Flower Beds in Holland
A simple lesson plan on the concept of opportunity costs or sacrifices. A short quiz on this concept is also provided.
Council for Economic Education
Econedlink: Economic Forecasting: Web Quest (9 12)
How do economists make their forecasts about the United States economy? This lesson uses the Internet to retrieve up-to-date key economic statistics which will provide valuable hints about the state of the future economy.
Council for Economic Education
Econ Ed Link: Norman Rockwell's Curiosity Shop
Click and drag to match pictures of situations with appropriate goods or services.
Council for Economic Education
Econ Ed Link: Lean on Me! We Depend on Each Other!
Click and drag each picture to put the steps of producing and consuming a book in the correct order.
Council for Economic Education
Econ Ed Link: Mystery Workers: Identify the Goods
Click and drag pictures of goods to the correct descriptions.