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.
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...
Council for Economic Education
What Makes an Entrepreneur?
What do the founders of Wendy's and Virgin Airlines have in common? They are both entrepreneurs! Key definitions and case studies help learners brainstorm their own definitions of what it takes to succeed in business. A series of...
Council for Economic Education
Entrepreneurs in Mesopotamia
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...
Curated OER
Entrepreneurship
Do your high schoolers every wonder how to become an entrepreneur? Have them examine real-life entrepreneurs to find out. They discuss the financial needs and responsibilities of entrepreneurs then explore the reality of...
Federal Reserve Bank
Ben Franklin: Highlighting the Printer
By studying Benjamin Franklin's work as a printer, your class will have a fantastic opportunity to learn about the economic concepts of entrepreneurship, human capital, and investment.
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Council for Economic Education
Teaching Economics Using Children's Literature
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...
Curated OER
I Want To Be an Entrepreneur
Students define the word entrepreneur as they create a business. In this economics lesson, students understand the elements of creating a successful business and record them. Students create a commercial for their businesses.
Curated OER
How Can Entrepreneurs Control Costs?
High schoolers investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
Curated OER
How Can Entrepreneurs Control Costs?
Young scholars calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business...
Curated OER
Entrepreneurs in History
Students examine the contributions of American entrepreneurs. In this industrialization lesson, students complete the provided handouts to determine how Vanderbilt, Carnegie, Hill, and Rockefeller impacted American society. Students...
Curated OER
Do I Have What it Takes to be an Entrepreneur - and is My Community Ready?
Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...
Council for Economic Education
Using an Excel Checkbook
High school is the time that many scholars get their first jobs. Help young entrepreneurs apply economic principles to crucial skills for their new jobs and for functioning in society in general. They use Excel to balance a checkbook by...
Council for Economic Education
Christopher Columbus, Entrepreneur? Queen Isabella, Venture Capitalist?
What did it take to embark on a journey to unknown lands? Perhaps ambition, but also money! Christopher Columbus had to approach more than one European monarch for financing before he could sail the ocean blue. A read-along play and...
Curated OER
Create Your Own Business!
Create a business and assess the costs of acquiring a business licenses and advertising. The class determines the name, location, business product to be sold and the best method to sell that product. A great way to understand the US...
Curated OER
How to Achieve Your Financial Goals
Students explore economics by creating a budget. In this financial goal setting lesson plan, students investigate their use of time by completing a worksheet. Students identify financial goals they would like to achieve in the next...
Curated OER
Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
Curated OER
Entrepreneur
The students, in groups of four, establish a profitable business in the community. They complete research and conduct presentations.
Curated OER
Technology, R&D, and Efficiency
For use in conjunction with the 2002 McGraw-Hill/Irwin US Economics text, this presentation highlights key points and important vocabulary. Specific economic concepts and theories, R & D expenditures, rate-of-return curve and...
Curated OER
Nebraska Entrepreneur Success Stories
Students explore entrepreneurs of Nebraska. In this business and social studies lesson, students research Nebraska entrepreneurs to discover the history of their successful company.
Curated OER
What is Economics?
Students define economics; Explain the importance and process of making economic choices and decisions; Identify the factors of Production; Determine the goal of entrepreneurship. Students identify and describe the difficulties...
Curated OER
Introduction to Economics
Young scholars discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
Curated OER
Cooking Lesson About Goods for Entrepreneur Lesson
Fourth graders experience how businesses are started. In this goods and services lesson, 4th graders learn the story of an Indiana man who started his own chocolate business. Students watch a video about his life and discuss the...