Federal Reserve Bank
Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
Curated OER
Incentives Matter
Students identify what motive people. They will learn about both positive, and negative incentives. They will use this knowledge to make predictions about how people will behave. They will apply this knowledge to economics.
iCivics
I Civics: The Market Economy
This lesson teaches the basics about the market economy, including the relationships between consumers and producers, supply and demand, and profit and incentive. Students learn six traits of a market economy, compare the market economy...
Council for Economic Education
Econ Ed Link: Marketplace: Doing Business in Afghanistan
In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss the reconstruction of Afghanistan. Afghanistan's officials say that to create a viable...
Council for Economic Education
Econ Ed Link: Babysitter Shortage in Washington, d.c.
What is responsible for the shortage of babysitters in Washington, DC? Identify the parts of the article which indicate a decrease in supply and an increase in demand.
Council for Economic Education
Econ Ed Link: Economic Incentives in Our Community
Students will identify positive and negative economic incentives used in their communities to encourage people to make CHOICES beneficial to the community. Students will recognize that not all incentives convince all people since people...
Read Works
Read Works: News Debate Cash Courses
[Free Registration/Login Required] An informational text debating whether students should or should not get paid to attend class. A question sheet is available to help students build skills in reading comprehension.
Council for Economic Education
Econ Ed Link: Are the Best Things in Life Free?
Young scholars use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 3)
Building on the first two lessons in the series, this lesson deals with savings and interest. This is the Teacher Version. There is also a link to the Student Version.
Council for Economic Education
Econ Ed Link: Us History: Inventors & Entrepreneurs
Students will learn the difference between inventors and entrepreneurs. From talking with adults they will learn some of the benefits inventors and entrepreneurs have provided for society in the last 40 years.
Council for Economic Education
Econ Ed Link: Dumptown, Usa: Making a Ton of Difference
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Council for Economic Education
Econ Ed Link: Work, Earnings and Economics: Using Lyddie by Katherine Paterson
In reading and discussing Lyddie, by Katherine Paterson, students examine basic economic concepts and explore the growth of labor unions and the role of government in a market economy.
Council for Economic Education
Econ Ed Link: All in Business
This instructional activity on entrepreneurship can be used to help students understand what innovations are, and what it takes to get an idea off the ground. This instructional activity will take students through the process of...
Council for Economic Education
Econ Ed Link: It Pays to Stay in School
This lesson examines some of the incentive programs being offered to keep students in school
Council for Economic Education
Econ Ed Link: To Buy or Not to Buy
While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Consumers seem to be besieged by requests from special interest groups to refrain from buying certain goods and...
Council for Economic Education
Econ Ed Link: What Causes Inflation?
This lesson plan 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? Why won't...
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: 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: Tapped Dry: How Do You Solve a Water Shortage?
Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one...
Council for Economic Education
Econ Ed Link: Tricks for Treats
Students will recognize that people (and animals) will work for incentives.
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: Clipping Coupons
In this lesson, students will calculate savings for different products when using coupons. They will also decide what factors will influence the choices they make when choosing products.
Council for Economic Education
Econedlink: Elasticity of Demand Video and Quiz
This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much quantity demanded will change in response to a change in price. The website contains an interactive quiz and links for...