Curated OER
How Can Entrepreneurs Control Costs?
Students 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 decisions....
Curated OER
How Can Entrepreneurs Control Costs?
Young scholars 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.
Centennial College
Break-Even Analysis Worksheet
In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...
Curated OER
Math Problems: Recycling Economics
Students use recycling as an example to study the economics of business, and to find fixed and variable costs.
Curated OER
Cost and Revenues
Students develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
Curated OER
Introduction to Economics
Students develop the concept of supply and demand. In this economics lesson, students listen to a lecture and take notes on supply and demand. Students create a coherent set of notes about supply and demand.
Curated OER
Break-Even Analysis Worksheet
In this analysis activity, students solve accounting problems when provided with variables to be used in computations. Using data provided, students must answer questions showing they understand key terms such as fixed and variable costs.
PLS 3rd Learning
Budget Basics
Prepare young adults for life with various budgeting activities. Exercises include identifying fixed, variable, and discretionary income, and creating a budget based on a realistic projected income. The required website allows teachers...
Curated OER
Budgeting Your Financial Resources
Students explore the aspects of making a budget. In this money management instructional activity, students learn the importance of budgeting and what all goes into creating a budget by eventually creating a budget of their own including...
Curated OER
Break Even Analysis and Budgeting
Students analyze the use of break even charts in business planning. They examine the purpose and nature of budgets. They explore price elasticity and how to use Excel spreadsheets to manipulate financial information.
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...
Curated OER
Simulation and Accounting Practices
Students implement their knowledge about accounting practices into a simulation activity. In this secondary consumer/business math lesson, students participate in a simulation centered on the life of the people during the gold rush. ...
Curated OER
Budgeting Your Financial Resources (The Mint)
Students plan and maintain balanced budgets.
Curated OER
Supply, Demand, and Prices Worksheet
In this economics worksheet, students use their problem solving skills to respond to 34 questions about supply, demand and prices.
Khan Academy
Khan Academy: The Structure of Costs in the Short Run
This article focuses on the structure of costs in the short run; some costs are fixed, so you can't do anything about them. It includes a questions.
University of Nebraska Omaha
Ec Ed Web: How Can Entrepreneurs Control Costs?
This economics activity explores what influences producers to supply in regard to demand. It examines fixed and variable costs, how such costs can be reduced, and how they influence production. Includes printable worksheets.
Khan Academy
Khan Academy: Short Run Production Costs: Foundational Concepts
Practice what you have learned about the difference between marginal cost, average variable cost, and fixed costs in this four-question exercise.
Scholastic
Scholastic: Adventures in Math: Lesson 2: Saving Money by Finding the Better Buy
Students will be able to make economically sound purchasing decisions by using unit pricing, calculating discounts, and analyzing fixed and variable costs.
Palomar Community College District
Palomar College: Lesson 1: Production Costs
This lesson provides a good outline for a unit on the study of "production costs". Charts and graphs are provided to help understand a firm's cost curves, and at what level of production they should produce.