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The Case of the Shrunken Allowance
An allowance is an important thing! Make sure your kids know how to save and spend their own money. Using the book The Case of the Shrunken Allowance as a starting point, this plan covers income, spending and saving, counting, and more.
Curated OER
Learning Economics through Comics
Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...
Curated OER
A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"
Students examine the role of money in the colonial economy by participating in a trading activity. In this colonial economy lesson, students complete an activity to learn about colonial trade and what happens when there is a lack of...
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Little Nino's Pizzeria
Engage your youngsters in basic economics by connecting the terms to dessert and pizza! After a discussion about intermediate goods and natural resources, learners read and connect a pizzeria to economic terms.
Curated OER
Labor, The Economy, and Monetary Policy
Young scholars examine the relationship between labor, economy and monetary policy. In groups, they identify the factors that affect the labor market and the role of the Federal Reserve. They review how policy is made and how it can...
Curated OER
The Fed is Protecting Your Money
Students are introduced to the role of the Federal Reserve. In groups, they discover the three functions of money and discuss the most common forms of payment used in society today. They develop a survery to give to the local community...
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Credit Cards
Choosing your first credit card can often be an intimidating and confusing experience for young adults. Give your pupils the foundational knowledge they need for tackling this process head-on, including learning to distinguish different...
Curated OER
A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"
Learners investigate the role of money in the colonial economy. In this colonial economy lesson plan, students participate in a trading activity, read the booklet "Benjamin Franklin and the Birth of a Paper Money Economy," participate in...
Curated OER
The FOMC and Transparency
Students explore transparency in monetary policymaking. They participate in an activity that demonstrates the reasons behind the FOMC's move toward greater transparency. They read the September 2, 2005 Economic Letter, and complete a...
Curated OER
The Case of the Gigantic $100,000 Bill
Pupils investigate the money creation process and calculate the upper bound of the money creation process using a money multiplier. In this money creation lesson, students use a imitation $100,000 bill. Pupils demonstrate successive...
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Unintended Consequences
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
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Diversification and Risk
After being given a portfolio of investments, your young economists will learn how to assess the relative risk of the portfolio's products and understand the importance of diversification, relating these economic concepts to real-life...
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Market Basket SMART/ActivInspire Lesson Plan
Inflate your knowledge, not the economy! Pupils learn more about inflation with detailed worksheets and exciting activities such as role play, an interactive PowerPoint presentation, and a project in which they design a podcast on...
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Barbie in the Labor Force
How have the women's share of the labor force and chosen occupations evolved in the United States over the last century? Using census reports, graphs detailing the gender makeup of the labor force, and analysis of the careers of Barbie...
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The Free Silver Movement and Inflation
Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...
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Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
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Sky Boys: How They Built the Empire State Building
How tall is the Empire State Building? Lead your class through a collaborative estimation activity to determine the number of quarters it would take to reach the top and teach the following concepts: human capital, human resources,...
Curated OER
Lemonade For Sale
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural...
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Ten Mile Day
Get your class working on the railroad with this detailed and interactive lesson. After reading and discussing Ten Mile Day, learners explore division of labor, human capital, and productivity with a hands-on group activity in which they...
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Dealing with the Great Depression
As part of their study of the Great Depression, young economists examine statistical data to determine the effectiveness of FDR's New Deal recovery programs.
Curated OER
Globalization: Threat or Opportunity for the U.S. Economy?
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...
Curated OER
What is the Importance of Developing Job Skills?
Financial literacy is the way to teach! The class works in small groups to discover the relationship between education and income level. They use their math and problem-solving skills to complete two different activities. They work out a...
Curated OER
Extra Credit: It’s No Fairy Tale
Students discuss their knowledge of payday loans and credit cards. In this Economics lesson, students complete a read an article and Q&A activity in groups, and play a vocabulary bingo game and a quiz game on payday loans. Students...
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Money and Inflation: A Functional Relationship
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...