Council for Economic Education
Econ Ed Link: Off to Interactive Island
This activity provides a fun way to explore concept of economic decision making. In the lesson plan, students are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in a new...
Council for Economic Education
Econ Ed Link: Show Me the Money!
Students will investigate unforeseen costs of car loans and/or house loans. They will then evaluate the economics of decision making, the ramifications of their choices, and options available to them. Students will compute costs and...
Council for Economic Education
Econ Ed Link: You Decide!
Think about a difficult decision you have had to make. After you decided did it work out? Why or why not? Why do you think decisions and choices are hard to make? We make personal decisions and we make decisions as groups. There is a...
Council for Economic Education
Econ Ed Link: What Are Incentives?
Students 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.
Council for Economic Education
Econ Ed Link: Education: Weigh Your Options
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...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 2)
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Council for Economic Education
Econ Ed Link: Paraffin Alia
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, or the...
Council for Economic Education
Econ Ed Link: All in Business
This lesson on entrepreneurship can be used to help students understand what innovations are, and what it takes to get an idea off the ground. This lesson will take students through the process of calculating risks associated with...
Council for Economic Education
Econ Ed Link: What Do Other People Want to Be?
In this lesson, students will graph people's job choices and identify which jobs would have the most competition based on the data.
Council for Economic Education
Econ Ed Link: Everyday Opportunities
For this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the actual lesson is short.
Council for Economic Education
Econ Ed Link: Car Loan Project
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...
Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Young scholars explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their...
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will then pack a virtual suitcase making good choices about what they pack.
Council for Economic Education
Econ Ed Link: Break a Leg
In this lesson, students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the value of insurance protection and you will identify trends in the cost of medical care...
Council for Economic Education
Econ Ed Link: The Best Deal
Young scholars will learn how to determine 'price per unit' to help make decisions when comparing products.