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Lesson Plan
Council for Economic Education

Econ Ed Link: What Are Incentives?

For Teachers K - 1st
Young scholars will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home and in school, the students will distinguish between positive and negative incentives.
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Best Deal

For Teachers 3rd - 8th
Students will learn how to determine 'price per unit' to help make decisions when comparing products.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Costs and Benefits of 'The Three Little Pigs'

For Teachers 3rd - 6th
Find out what the definition of a cost and a benefit is in terms of the economy when using this site. "When making a decision, students should consider the costs and the benefits of that decision."
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Mystery of Is It Mine or Ours?

For Teachers 3rd - 5th
Students will learn that people respond predictably to positive incentives (rewards) and negative incentives (penalties). They will identify incentives in their daily lives at home and school. Students will discuss which incentives have...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This activity provides a fun way to explore concept of economic decision making. In the lesson plan, young scholars are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in a...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This site is a lesson that teaches learners about scarcity and choice. Students participate in a simulation where they are asked to make choices about what they want to take with them in order to survive.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Dynamic Decision Making

For Teachers 3rd - 5th
Students will be introduced to the PACED Model and learn to use the parts of the model-- Problem, Alternatives, Criteria, and Evaluation- in solving problems and making decisions. They will practice using the model in decisions about...
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Lesson Plan
Council for Economic Education

Econ Ed Link: A Penny Saved Is a Penny at 4.7% Earned

For Teachers 6th - 8th
There are lots of ways to receive income, and lots of ways to spend it. In this EconomicsMinute you will develop two budgets to help you decide how to allocate your income. Assuming you do not love making dollar bill rings.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Pop Goes the Housing Bubble

For Teachers 9th - 10th
In this activity, students will learn about a speculative bubble within the context of the U.S. real estate market.
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Lesson Plan
Council for Economic Education

Econ Ed Link: There Is Something in the Water

For Teachers 6th - 8th
The United States is losing 60,000 acres of wetlands each year. Is this good or bad? Does anyone really want to live in swamps, fens, bogs, and marshes? Or is it better economics to drain the wetlands for other purposes like agricultural...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Guess Who's Coming to Dinner

For Teachers 9th - 10th
This lesson introduces regulation and information as two tools used by government to promote fair competition and complete information in a market economy. Using the 1906 Pure Food and Drugs Act as a case study, students explore the...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Be an Energy Saver

For Teachers 9th - 10th
This lesson focuses on the scarce and non-renewable nature of fossil fuels in order to stimulate student thinking about energy conservation. It emphasizes the fact that saving energy can be good for the wallet as well as the earth's...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Education: Weigh Your Options

For Teachers 9th - 10th
Getting and keeping a job often requires special education or training. While an employer may provide or pay for some additional education or training, workers often have to obtain it on their own. In this lesson, students use a weighted...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 2)

For Teachers 9th - 10th
In Part II of this lesson, learners will have the opportunity to complete an interactive exercise that will take them on a historical tour of the stock market from 1920 until just after WWII. Students will learn the difference between a...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Here's Your Chance to Make Millions in the Stock Market (Part 3)

For Teachers 9th - 10th
In Part III of this lesson, students will have the opportunity to complete an interactive exercise that will take them on a historical tour of the stock market from Post WWII through the year 2001. Students will learn the difference...
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Lesson Plan
Council for Economic Education

Econ Ed Link: It's a Matter of Power

For Teachers 9th - 10th
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.
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Collapse of Corporate Giants: The New Dr. Evils?

For Teachers 9th - 10th
This activity was inspired by an article in "Fortune" magazine, "Why Companies Fail," May 27, 2002. Its focus is on the relationship of business ethics to business bankruptcy or near failure. Young scholars participate in a simulation by...
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Voting

For Teachers 9th - 10th
Since the 1960s, many Americans eligible to vote have not bothered to do so- not even in presidential elections. Low rates of participation in voting have been worrisome to people interested in preserving our democratic traditions....
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Lesson Plan
Council for Economic Education

Econ Ed Link: Understanding a Balance Sheet

For Teachers 9th - 10th
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. Young scholars will learn the components of a balance sheet...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Utility

For Teachers 9th - 10th
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.
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Website
Other

Western Oregon University: Resistance Skills

For Students 3rd - 8th
Here is a list of some strategies that can be used to resist peer pressure, and some strategies that will help you be most effective. Additional links for more information on responsible decision making are included.
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Lesson Plan
Alabama Learning Exchange

Alex: What's the Real Cost of That Car?

For Teachers 9th - 10th
This is a Commerce and Information Technology lesson plan. A project requiring research, critical thinking and complex decision-making about factoring all the costs of purchasing a large ticket item - a car.
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Handout
Joe Landsberger

Study Guides and Strategies: Problem Solving and Decision Making

For Students 9th - 10th Standards
Learn step-by-step problem solving skills with this free and user-friendly study guide. Integrate the strategies into your lesson plans or use the actual study guide to each your students about problem solving and decision making.
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Website
PBS

Pbs Learning Media: La'ona De Wilde: Environmental Biologist

For Students 9th - 10th
In this video profile produced for Teachers' Domain, meet La'ona DeWilde, an environmental biologist who integrates her Athabascan heritage and her Western scientific training to help remote Alaskan villages address environmental issues.