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Lesson Plan
Council for Economic Education

Specialization and the Decathlon

For Teachers 9th - 12th Standards
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...
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Worksheet
Winston-Salem Forsych County Schools

Economics Worksheet Economic Systems and Circular Flow

For Students 7th - 12th
Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics worksheet that that asks kids to identify terms and concepts.
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Lesson Plan
Council for Economic Education

Green Eggs and ...Economics?

For Teachers 9th - 12th Standards
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
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Lesson Plan
Federal Reserve Bank

Something Special For Me

For Teachers 1st - 3rd Standards
People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.
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Unit Plan
Council for Economic Education

Teaching Economics Using Children's Literature

For Teachers 1st - 6th
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
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Lesson Plan
Curated OER

Econ in a Bag

For Teachers 2nd - 3rd
Here is a nice idea, have your young entrepeneurs form their own companies. Each company is given a paper bad to locate and place resources in that they can use to create products their businesses sell on Sale Day. They identify and...
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Lesson Plan
Curated OER

Centuries of Economic Growth: From Feathers to Robotics

For Teachers 9th - 12th
Students read scenarios about the production of Bibles over five historical time periods. Working in small groups, students create skits and develop a retrieval chart that is used to analyze factors that impact economic growth.
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Lesson Plan
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Constitutional Rights Foundation

Special Order 40

For Teachers 9th - 12th Standards
The city of Los Angeles' 1979 Special Order 40 states: "LAPD officers shall not initiate police action with the objective of discovering the alien status of a person." After reading a fact sheet that details the history of Special Order...
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Lesson Plan
Curated OER

The Stock Market: High School Economics

For Teachers 12th
High school economists learn about the stock market in a project where they "buy" and track stocks. The author of this resource reports it is the high point of her 12th grade economics course, but no resources are attached. After viewing...
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Activity
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Council for Economic Education

Great Civilizations Develop around Rivers

For Teachers 5th - 8th Standards
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
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Activity
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Council for Economic Education

How Neolithic Farmers Increased Their Standard of Living

For Teachers 5th - 8th Standards
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....
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Worksheet
Curated OER

Comparative Advantage and Gains from Trade

For Students 11th - 12th
Using a formula and several economic scenarios, learners answer six problem solving questions and finish a graph. They will use this learning exercise to better understand comparative advantage and economic gains made through trade.
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Lesson Plan
Curated OER

Economics for Leaders Performance Assessment

For Teachers 9th - 12th
Pupils 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...
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Lesson Plan
Carolina K-12

Learning About the Federal Budget: “Get a Pencil, You’re Tackling the Deficit!”

For Teachers 10th Standards
Your class members have been selected by the president to help solve the budget crisis as part of a special deficit commission. After learning about fiscal policy, economic theories, and the federal budget through a detailed PowerPoint...
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Lesson Plan
Carolina K-12

Battle Behind the Pumps

For Teachers 9th - 12th Standards
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why oil prices are increasing. They will then simulate being members of a committee...
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Lesson Plan
Curated OER

Economics: What Are Some Other Uses for Rice?

For Teachers 6th
Sixth graders investigate ways rice is sold by creating a chart of the different rice foods. In this economics lesson, 6th graders examine their local food store and list at least 10 rice by-products in a class chart. Students discover...
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Lesson Plan
Curated OER

How Economic Systems Developed

For Teachers 9th - 12th
Students explain the basic functions of the various economic systems. As a class, they identify the main characteristics of capitalism and the advantages of division of labor and specialization. They describe the relationship between...
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Lesson Plan
Curated OER

Show-Me Economics

For Teachers 3rd
Third graders distinguish between savings and spending. Students graph out a variety of important Economic concepts/vocabulary. They set up an imaginary job to save money and spend money.
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Lesson Plan
Curated OER

Identify the Three Economic Sectors

For Teachers 9th - 12th
Students identify the three economic sectors found in the United States. They organize different foundations into these three categories. They examine why each sector is necessary in our society.
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Lesson Plan
Curated OER

The Stock Market: Risks & Rewards

For Teachers 9th - 10th
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
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Lesson Plan
Curated OER

Sunderland: Discovering Cities

For Teachers 6th - 8th
Scholars investigate a local city (Sunderland) by participating in a discussion. They explore the different elements of the UK city by identifying the industrial and economic aspects. They also read an interview of two people speaking...
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Lesson Plan
Curated OER

Globalization: Threat or Opportunity for the U.S. Economy?

For Teachers 9th - 12th
Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...
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Worksheet
Federal Reserve Bank

Money and Inflation: A Functional Relationship

For Students 9th - 12th Standards
What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading...
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Activity
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Council for Economic Education

Entrepreneurs in Mesopotamia

For Students 5th - 8th Standards
While ancient Mesopotamia didn't have the TV show "Shark Tank," it was a time of entrepreneurship as workers began to specialize. Both individual workers and the societal structure encouraged individuals to consider how they could...

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