Curated OER
Go Fish!
Students share a bowl of goldfish crackers. In this lesson on sharing, students see how a limited resource goes furthest when it is evenly shared. Students are allowed to take as many crackers as they would like, and then in contrast,...
Curated OER
Introduction to Economics
Young scholars demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from...
Geographypods
Geographypods:freshwater: Issues and Conflicts: Competing Demands for Freshwater
This learning module examines conflicting demands for fresh water around the world. It looks at the water resources that are available, water scarcity, and local and international conflicts over water. Specific cases are explored,...
![Federal Reserve Bank of St. Louis: Monster Musical Chairs [Pdf] Lesson Plan](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Federal Reserve Bank of St. Louis: Monster Musical Chairs [Pdf] Lesson Plan")
Federal Reserve Bank
Federal Reserve Bank of St. Louis: Monster Musical Chairs [Pdf]
A lesson based on the book, Monster Musical Chairs, by Stuart J. Murphy. Students learn, through a game of musical chairs, that any supply of goods is limited and not everyone's wants will necessarily be met.
Council for Economic Education
Econ Ed Link: Ncee: Tapped Dry: How Do You Solve a Water Shortage?
Water is a limited and sometimes scarce resource. What do you do when the supply is limited?
Federal Reserve Bank
Federal Reserve Bank of St. Louis: Tortilla Factory [Pdf]
This lesson accompanies a story by Gary Paulsen called Tortilla Factory, and teaches students to identify the different types of resources (human, capital, natural, etc.) that go into creating corn tortillas and other products.
Concord Consortium
Concord Consortium: Stem Resources: The Virtual Ecosystem
What does competition for food do to a population? Experience what happens to a rabbit population with limited resources in this virtual ecosystem. At the end of the exercise, there are questions relating to concepts reviewed.
FNO Press
From Now On: Making the Best of New Tools
As teachers become more familiar with technology the focus becomes using technology to facilitate curriculum, state standards and pedagogy. School districts want to ensure their "Investment pays rich dividends in terms of student...
Scholastic
Scholastic Lesson Plan: Alexander, Who Used to Be Rich..
This multipart lesson plan the cost of opportunities when you have limited resources. It uses the hilarious children's book, "Alexander, Who Used to Be Rich Last Sunday" by Judith Viorst to drive the lesson home.
Ohio Test Prep
Ohio Test Prep: Module 8: Economics Concepts
Ohio Test Prep on fundamental concepts teaches about supply and demand, scarcity, and trade. Includes video tutorials, interactive practice and review, and assessment.
University of Nebraska Omaha
Ec Ed Web: How Can Entrepreneurs Control Costs?
This economics activity explores what influences producers to supply in regard to demand. It examines fixed and variable costs, how such costs can be reduced, and how they influence production. Includes printable worksheets.
Other
Coursera 1 1.1. Scarcity and Its Implications
This module discusses fundamental problem of scarcity challenges us to think about an allocation mechanism to determine what is produced and who consumes it. It discuss scarcity and allocation mechanisms. In this course,the focus is on...
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)
Use this EconEdLink intermediate activity to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
University of Nebraska Omaha
Ec Ed Web: Andersonville Prison: An Economic Microcosm
This site provides a lesson plan that investigates concepts of scarcity, economic wants, command economic systems, market economic systems, and markets and prices.