Council for Economic Education
Econ Ed Link: A Fair Wage
Income for most people is determined by the market value of the productive resources they sell. What workers earn depends, primarily, on the market value of what they produce and how productive they are.
Council for Economic Education
Econ Ed Link: Martin Luther King Jr. Day
This lesson provides links for students to use as they explore history behind the Dr. Martin Luther King, Jr. Day observance and the Civil Rights Movement. A strong focus is given to the economic barriers faced by African Americans.
Council for Economic Education
Econ Ed Link: A Penny Saved
Young scholars will read the comic book, "A Penny Saved" published by the New York Federal Reserve Bank. Students will make the information relevant through projects, graphic organizers, teacher instruction, and problems.
Council for Economic Education
Econ Ed Link: Using an Excel Checkbook
Students will use a spreadsheet to enter checkbook transactions and reconcile.
Council for Economic Education
Econ Ed Link: Le Bron James, the Cavaliers, and Derived Demand
PBS video author Paul Solman reports that LeBron James has added $200 million in value to the city of Cleveland since 2003. His presence brings in $100 million each year to the workers and local businesses surrounding the NBA team. The...
Council for Economic Education
Econ Ed Link: Avatar, King of the Box Office?
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
Council for Economic Education
Econ Ed Link: Balance of Payments (Bop)
International trade allows countries to buy and sell both domestic and foreign goods, as well as services and financial assets. A country's transactions are summarized in a set of accounts called the Balance of Payments (BOP). Students...
Council for Economic Education
Econ Ed Link: Preparing a 1040 Ez Income Tax Form
Many students in high school or in college have part time jobs and learn the concept of gross pay and net pay. Their employers take out taxes at the federal and state level. This lesson plan takes a common situation and helps students...
Council for Economic Education
Econ Ed Link: Graphing a Lorenz Curve and Calculating the Gini Coefficient
In this lesson, students receive raw data to construct a Lorenz Curve and calculate the Gini Coefficient. This lesson prepares AP Microeconomics students for the Advanced Placement exam. The teacher will briefly interpret the Gini...
Council for Economic Education
Econ Ed Link: It's a Not So Wonderful Life
In this lesson students learn about banks and banking. The study the fractional reserve system, and the role the Fed plays in the money creation process.
Council for Economic Education
Econ Ed Link: Satisfaction Please! (Part 3)
Even the savviest consumer has a problem with a good or service on occasion. It is a consumer's right to complain when there is a genuine problem. In some situations, it is also a consumer's responsibility. A problem can't be fixed if no...
Council for Economic Education
Econ Ed Link: What Causes Inflation?
This instructional activity explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk about the good old days when a dollar would buy something. What happened to that dollar?...
Council for Economic Education
Econ Ed Link: History of Monopolies in the United States
Monopolies in the United States have existed in many forms. When a business dominates a market, its market power makes it a monopoly. How these businesses use their market power will determine the legality of the monopoly.
Council for Economic Education
Econ Ed Link: Satisfaction Please! (Part 2)
Even the savviest consumer has a problem with a good or service on occasion. It is a consumer's right to complain when there is a genuine problem. In some situations, it is also a consumer's responsibility. A problem can't be fixed if no...
Council for Economic Education
Econ Ed Link: Satisfaction Please! (Part I)
Even the savviest consumer has a problem with a good or service on occasion. It is a consumer's right to complain when there is a genuine problem. In some situations, it is also a consumer's responsibility. A problem can't be fixed if no...
Council for Economic Education
Econ Ed Link: International Trade Creates More and Better Jobs
This lesson plan explores the relationship between productivity and international trade. Specifically, this lessons shows why there should be fewer trade restrictions rather than more.
Council for Economic Education
Econ Ed Link: College: Where Am I Going to Go?
Students will use a PACED decision making grid to help them decide where they would like to attend college.
Council for Economic Education
Econ Ed Link: Price Elasticity: From Tires to Toothpicks
Students gain an understanding of price elasticity of demand and why different goods have different degrees of elasticity. Students learn how to calculate price elasticity of goods.
Council for Economic Education
Econ Ed Link: Trade in Colonial America / Nafta
Often teachers and young scholars are able to internalize historical and economic concepts through a more recent event that has occurred within their time frame. This lesson is an extension for the lesson, "Understanding the Colonial...
Council for Economic Education
Econ Ed Link: Economic Sectors and International Development
Using poverty rate as a measure of development, students select countries five at a time to compare how resources are allocated to three economic sectors (agriculture, industrial, service). After making comparisons, students will...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...
Council for Economic Education
Econ Ed Link: Classroom Cash Incentive Plan
Students will be rewarded for positive behavior and performance in class through a monetary incentive program. Classroom cash will be earned on a daily basis for such things as attendance, punctuality, and assignment completion....
Council for Economic Education
Econ Ed Link: How Is Our Economy Doing?
Students learn the meaning and measurement of six important economic indicators and use the St. Louis Federal Reserve Bank National Economic Trends website to assess the current state of the economy.
Council for Economic Education
Econ Ed Link: Fiscal and Monetary Policy Process
Students follow each step of fiscal and monetary policy processes, to see the logic of how these tools are used to correct economic instability.