Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Curated OER
Economic Goals and Measuring Activity
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish....
Curated OER
Conservation vs. Economic Growth
Investigate the choices people make between economic growth and personal growth and development using the ethical/decision making model. Small groups create and present a position paper describing their feeling for or against the...
Curated OER
Conceptual Analysis in Economics
Help develop assertive, critical-thinking skills that enhance growth and change while teaching economics. In groups, select a topic from a list and then discuss the pros and cons of each topic. Debate why advertising is necessary to our...
Curated OER
Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
Curated OER
Marginal Decision Making
Students examine the concept of making decisions at the margin. They participate in an experiment in which they determine how much they would pay for a given item. They complete a homework assignment to end the lesson plan.
Michigan Sea Grant
Environmental Decision Making
Pupils participate in a board game activity in which landing on a space called "Decision Card" presents them with a land-use situation to consider and decide how to act. In order to advance in Hydropoly, players must think critically and...
Federal Reserve Bank
Glo Goes Shopping
Making decisions can be very difficult. Show your class one way to evaluate choices with this lesson, which is inspired by the book Glo Goes Shopping. Learners practicing using a decision-making grid with the content of the story and a...
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.
Curated OER
Public Choice Theory and The Economics of Taxation
Let your students know how our economy works, what taxation is, and how Public Choice Theory affects the economics of taxation. This is a comprehensive and well defined presentation that includes links to additional information provided...
Practical Money Skills
Making Money
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough lesson on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Curated OER
Making Decisions
Students identify three decisions they are trying to make, and use decision-making process sheet to work through one of the decisions they have identified.
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....
Curated OER
A "Sweet" Lesson in Economics
Students discover how to determine the flavor of a jellybean using different key documents. In this economics lesson, students discuss Virginia economics and begin an activity in which they will help decide on the what jellybean flavors...
Federal Reserve Bank
On the Court with... Michael Jordan
Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.
Council for Economic Education
Economic Data Lesson: Economic Policy Options
Can you make decisions that will impact millions of people around the nation? Scholars research the role of the Federal Reserve, and its Chairman, on the economic outlook of the country. They analyze current trends in unemployment,...
Curated OER
Making Choices
Second graders explore financial decision making. In this introductory economics lesson, 2nd graders listen to the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst, and discuss making financial choices based on wants and...
Visa
Savvy Spending: Sharpening Money Decisions
Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource will...
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....
Visa
Making Decisions
What economic factors can influence personal and financial decisions? In an effort to understand opportunity costs and the time value of money, pupils engage in role-playing activities and discussion, as well as view a PowerPoint...
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
Curated OER
Introduction To Economics
High schoolers examine the fundamental nature of economics - unlimited wants and scarce resources and the need to make choices, the three questions related to the economic problem and its implications for an economy. This lesson come...
Practical Money Skills
Making Decisions
A set of quizzes and assessments would make a great companion to your activity on making decisions and opportunity risks. Learners watch a PowerPoint before answering multiple choice questions about interest rates, saving money, and the...
Practical Money Skills
Making Decisions
Money represents decisions: spending decisions, saving decisions, and investing decisions. Encourage young adults to think about the decisions they make with their money in a three-day unit about personal finance, consumer spending, and...