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Lesson Plan
Curated OER

Economic Activity and Markets

For Teachers 9th - 12th
High schoolers identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another,...
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Lesson Plan
Curated OER

An Aging Population - Economic Problem or Opportunity

For Teachers 9th - 12th
Students explore if the aging population has any effect on the economy and overall well-being of society.  In this economic lesson, students research the economic impact of the older citizens.  They develop their own ideas and share...
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Lesson Plan
Curated OER

Class Store

For Teachers 1st
First graders explore economics by participating in a group activity. In this commerce lesson, 1st graders conduct a role-playing activity in which they utilize goods and services to re-enact a general store's daily business. Students...
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Worksheet
Curated OER

Cartoons for the Classroom: Defining Economics Visually

For Students 8th - 12th
In this current events worksheet, students analyze a political cartoon about the economic concept of debt and equity and respond to 3 talking point questions.
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Lesson Plan
Curated OER

Economics: Incentives, Profit, and the Entrepreneur

For Teachers 10th - 12th
Students discuss both positive and negative economic incentives. In this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
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Lesson Plan
Curated OER

Teaching Economics Using LUNCH MONEY

For Teachers 3rd - 6th
Students, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if the...
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Lesson Plan
Curated OER

Whose Business?

For Teachers 4th
Fourth graders compare and contrast the businesses in Fort Griffin with those in their own community. Using the internet, they discover the factors that have influenced the development of businesses in a town. They also create a map of...
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Lesson Plan
Curated OER

Teaching Economics As If People Mattered

For Teachers 9th - 12th
Students work together to brainstorm and answer questions related to economics. They compare and contrast the different types of wealth. They discuss how wealth is different than income.
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Lesson Plan
Curated OER

I'm in Business, Now What Do I Charge?

For Teachers 11th - 12th
Students determine what price must be charged in order for an entrepreneur to breakeven and to make a profit. They calculate the breakeven price, identify opportunity costs, and write a paragraph explaining what costs should be used for...
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Lesson Plan
Federal Reserve Bank

Once Upon a Dime: Middle School Lesson Plan

For Teachers 6th - 8th Standards
Once Upon a Dime ... a group of middle schoolers wanted to learn about economics! Teach them complex economic concepts like supply and demand through a resource that effectively simplifies the explanations. Pupils work through various...
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Worksheet
Curated OER

Cartoons in the Classroom: Stagflation

For Students 10th - 12th
What is stagflation? Have your social studies class examine this political cartoon to define stagflation and understand recession as its defined in a political context. This worksheet would be a great warm up activity, perfect for extra...
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Lesson Plan
Curated OER

Ford's Revolution

For Teachers 10th - 11th
Industrialization and mechanization of products such as cars have deeply affected the US economy. The class discusses the affects of Ford's assembly line production of automobiles. They watch a video, fill out worksheets, and investigate...
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Lesson Plan
Curated OER

The Persuaders

For Teachers 9th - 12th
Have your upper graders watch the documentary, "The Persuaders" as they explore how advertisers try to gain potential customers. The video is followed by a discussion and close examination of new marketing trends and strategies.
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Study Guide
Reed Novel Studies

Lawn Boy: Novel Study

For Teachers 4th - 6th Standards
A mountain of grass becomes a mountain of cash in the case of a young entrepreneur in the novel Lawn Boy. Arnold, a main character, begins a lawn mowing business and meets a stockbroker client that helps me manage his money. Scholars...
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Lesson Plan
Curated OER

Introduction to the National Debt

For Teachers 9th - 11th
Students relate the national debt to the economy. In this algebra lesson, students discuss what the national debt is, create a national budget based on priority and what the government should spend money on. They analyze their findings...
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Activity
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Council for Economic Education

Morality in Markets: The Two Faces of Adam Smith

For Students 5th - 8th Standards
Economist Adam Smith supported free enterprise, he but critiqued mercantilism. These two ideas—seemingly contradictory—may be difficult for some young historians to grasp. A reading that explores these ideas guides scholars in unraveling...
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Lesson Plan
Curated OER

Macroeconomic Problems

For Teachers 9th - 12th
Students identify the main phases of the business cycle and the conditions that are expected during a recession and boom. They discuss the difficulty of economic policy making. They practice solving equations using interest rates.
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Lesson Plan
Curated OER

Diminishing Returns

For Teachers 10th - 11th
Students play an economics game to learn about the law of diminishing returns. The lesson can be used to link to other concepts. The difference of production and productivity is explored.
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Lesson Plan
Curated OER

Cost and Revenues

For Teachers 10th - 12th
Students develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
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Worksheet
Curated OER

5th Grade Social Studies

For Teachers 5th
In this social studies worksheet, 5th graders answer multiple choice questions about economics including exports and imports, goods and services, and more. Students complete 22 questions.
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Lesson Planet Article
Curated OER

Making the Classroom Desk a Trading Desk

For Teachers 9th - 12th
Create a stock market simulation to motivate pupils and make economic concepts meaningful.
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Lesson Plan
Curated OER

Business Economics

For Teachers 12th - Higher Ed
Students analyze the difference between internal and external growth of firms, and various measures of efficiency. They apply these measures to the context of a real business scenario.
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Lesson Plan
Curated OER

Who Is My Competitor?

For Teachers 5th - 8th
Students brainstorm businesses in their community and which businesses compete for the same business. They view the Yellow Pages as a resource to identify business who compete against one another and offer similar products. They...
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Lesson Plan
Curated OER

Go Maryland! Our State's Geography & Economy

For Teachers 5th
Fifth graders design and create a brochure that may be used by the Maryland Department of Business and Economic Development to attract visitors in the 3 different regions of the state. In this Maryland state lesson, 5th graders research...

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