Curated OER
Choice, Opportunity, Cost and Decisions
Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
Lesson on economic value of education
Students use economic reasoning to analyze both the short-term and long-term benefits and opportunity costs of educational choices, identify incentives that may influence students' career decisions and solve an "economic mystery"
Curated OER
Needs and Wants
Students examine the difference between needs and wants. In this consumption lesson, students illustrate their needs and wants and discuss their own reasons for buying things. They also discuss the connection between their choices and...
Facing History and Ourselves
The Weimar Republic: Historical Context and Decision Making
Did you know that way before Hitler became a dictator, he actually spent nine months in a German jail? Provide the background for the escalating point before the Nazi party took over in World War II through the exercises in the resource....
Council for Economic Education
Sand Art Brownies
Which is better, Coke or Pepsi? Pupils analyze the concept of substitute goods as they investigate the choice to purchase alternate products for better prices. Fun and practical, the engaging shopping exercise helps savvy scholars get...
Wells Fargo
Hands on Banking
What happens to your money between the time you make a bank deposit and the time you decide to spend it? Take middle schoolers and teens through the process of opening checking and savings accounts, creating a personal budget,...
Federal Reserve Bank
Lesson 1: Katrina Strikes
Most families have an emergency kit in their home with flashlights, water, and extra food. But what happens to your money when disaster strikes? An economics lesson plan focused on the aftermath of Hurricane Katrina in 2005 demonstrates...
Practical Money Skills
Budgeting Your Money
How do you make sure that your income doesn't disappear before you have a chance to save it? Use a creative budgeting activity to teach learners in both special education and mainstream classes how to keep track of their expenditures and...
Curated OER
Money and Credit: Making Good Decisions
Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Curated OER
Can't You Make Them Behave, King George?
Fifth graders describe the changes in King George III's policy toward the American colonies by sequencing key events between the French and Indian War and the American Revolution. They explain the colonial reactions to command decisions...
Curated OER
"Let's Make Some Money"
Students complete a project about economics, supply, and advertising. In this advertising instructional activity, students discuss how money is made, entrepreneurs, and advertising. They make their own business with toys to sell to...
Curated OER
Economics Concepts
Students relate economics and government policies. In this lesson plan, students explore the relationship between economics and government policies. They understand how the economy works and can make better decisions as it relates to the...
Council for Economic Education
How Neolithic Farmers Increased Their Standard of Living
How do people improve their economic situations? While many learners may not consider questions about how many crops to grow in ancient times were economic decisions, a hands-on activity encourages individuals to make these connections....
Curated OER
Focused Learning Lesson: Economics
Students review and discuss what skills and knowledge they need to make a decision about a career. They take a test to see which career they would most likely fit into.
Curated OER
Introduction to Economics
Students 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 personal...
Curated OER
Economics for Leaders Performance Assessment
Students participate in a scenerio in which they are assessed on the material in previous lessons. In groups, they prepare a presentation based on their solutions to the given problem. They develop their critical thinking skills applying...
Curated OER
Economics: The Scarcity Principle
Students discover how scarcity leads to economic choices. They examine its effect on individuals, business, and governments. Students simulate various scenarios to determine the role scarcity plays in each.
Curated OER
Beach Burgers
Twelfth graders develop economic literacy of basic economic problems confronting all societies. Economic decision making, scarcity to make choices, economic confronts, market system, prices, demand curves and supply curves are all covered.
Curated OER
Do I Want or Need?
Students explore wants and needs. For this introductory economics lesson, students use a "pinch card" to display whether a familiar item is a "want" or a "need". Students listen to the book Alexander used to be Rich on Sunday by Judith...
Curated OER
Tropical Travel choices
Students recognize the difference between needs and wants. In this tropical travel lesson, students observe a coin from the Northern Mariana Islands and plan a trip. Students read text about the island and complete a...
Curated OER
World Consumer Rights Day
In this World Consumer Rights Day worksheet, students complete activities such as reading a passage, matching phrases, fill in the blanks, choose the correct word, multiple choice, unscramble the words, sequencing, unscramble the...
Curated OER
World Habitat Day
For this World Habitat Day lesson plan, students complete activities such as reading a passage, matching phrases, fill in the blanks, choose the correct word, multiple choice, unscramble the words, sequencing, unscramble the...
Curated OER
International Day of Democracy
For this International Day of Democracy worksheet, students complete activities such as reading a passage, phrase matching, fill in the blanks, correct words, multiple choice, spelling, sequencing, scrambled sentences, writing questions,...
Curated OER
What is Economics?
Students define economics and explain the importance and process of making economic choices and decisions. Students participate in four lessons revolving around economics and select activities to complete.