Auburn University
Auburn University: A Glossary of Political Economy Terms: Profit
This site provides a good definition of the economic concept of profit prepared by Dr. Paul Johnson of Auburn University.
Robert Schenk, PhD
Cyber Economics: Maximizing Profit Overview
This site from the St. Joseph's College details what profit is, as well as providing a complete overview of how to maximize profit.
Council for Economic Education
Econ Ed Link: From Butterflies to Buffaloes
Nature tourism, also known as ecotourism, is a fast growing segment of the tourism industry. In this lesson, students learn what ecotourism is and explore how conservation of our natural resources can be profitable.
Council for Economic Education
Econ Ed Link: The Price of Gasoline: What's Behind It?
In this lesson plan, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
Council for Economic Education
Econ Ed Link: Old Toy New Market
Students explore the LEGOLAND theme parks and demonstrate an understanding of how new markets can be created and that cultural and social differences can affect these markets.
Council for Economic Education
Econ Ed Link: Transportation: They Say We Had a Revolution (Part 3)
Advancements in transportation have played a key role in the growth of our nation. U.S. government policies have also had a considerable impact on the development of transport as we know it today. For this series of three lessons, the...
Council for Economic Education
Econ Ed Link: It's a Matter of Power
Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum production in favor of reselling electricity.
Social Studies Help Center
Social Studies Help Center: How Does the u.s. Free Enterprise System Operate?
Covers explanations of the basic concepts for understanding what free enterprise is and how it works.