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Lesson Plan
Council for Economic Education

Econ Ed Link: What Are Incentives?

For Teachers K - 1st
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.
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Lesson Plan
Council for Economic Education

Econ Ed Link: You Can Bank on This! (Part 2)

For Teachers 3rd - 5th
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...
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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: Paraffin Alia

For Teachers 3rd - 5th
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...
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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: All in Business

For Teachers 6th - 8th
This lesson on entrepreneurship can be used to help middle schoolers 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...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Everyday Opportunities

For Teachers K - 1st
In 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.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Car Loan Project

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

Econ Ed Link: Business Ownership: The Franchise Option

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

Econ Ed Link: You're Going to College

For Teachers 6th - 8th
The learners will explore the costs and the benefits of going to college. They participate in a three-part game designed to help them understand the decisions associated with attending college and the benefits available to college...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Break a Leg

For Teachers 9th - 10th
In this lesson, young scholars 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...
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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: Be an Energy Saver

For Teachers 9th - 10th
This activity 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: Believe It or Not?

For Teachers 3rd - 8th Standards
This lesson reveals to students how advertisers use words and images to make goods and services look their best. To protect consumers and make sure that competition among sellers is fair in the marketplace, the federal government...
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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: Trouble Is Brewing in Boston: "Colonial Voices Hear Them Speak"

For Teachers K - 1st
It's December 16, 1773 and many of the citizens of Boston are furious with King George's new tax on tea. Young Ethan, a printer's errand boy, has been given the task of conveying information concerning an upcoming protest meeting. As he...

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