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Prices: The Marketplace’s Communication System
Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.
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What Do Financial Market Indicators Tell Us?
Explain the four categories of financial indicators (commodity prices, stock indexes, interest rates, and yield spreads), and help your class members understand how changes in this data can affect decisions regarding consumer spending,...
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Marketing A Breakfast Cereal
Kids put their creativity to use by engaging in a marketing and business project. They employ sound marketing strategies to create, produce, and sell a new breakfast cereal. A fun project that can be modified to fit learners of any age.
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Pricing Strategies
Students examine the principles companies use to price their problems. They discover the difference between cost based and market based pricing. They identify other factors that go into pricing decisions.
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Creating & Marketing a Commercial
Students explain the four P's of Marketing (product, pricing, promotion, and place) and how they are used in business and in society. They produce the remake of an old audio and visual commercial activity as a marketing activity.
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Market Structure
Students examine the different types of market structures. They analyze these structures using diagrammatic representations.
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Market Game in Oil
Students work together to participate in a market game in oil. Using their prior knowledge, they review how the interaction of buyers and sellers sets the price in markets. They identify the situations in which cause shortages and...
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Why Do Gasoline Prices React to Things That Have Not Happened?
Students investigate how the price of gas is determined. For this economics lesson, students analyze supply and demand and seasonal demand, create tables and graphs and reflect on consumer expectations.
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The Stock Market Game
Students explore the stock market. They choose a company and research the company's financial report. Students select 4-10 stocks and become an advocate for one stock. Using spreadsheet software, students compare stocks. They analyze...
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Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...
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Labor Markets
Students examine labor markets by participating in an employer/employee simulation and in group discussions. They discuss mandated employee benefits and predict the effect they have on various parties.
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FACS:If I Were a Designer (Mktg)
Students create their own design clothing company, incorporating the 4 Ps of marketing. They use imagination, art, and creative skills to develop each component of the packet. Students are explained the four Ps of Marketing (product,...
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Taking Stock
Students match scenarios with the terminology related to stock market fluctuations. They read an article, answer discussion questions, create a terminology poster, and write an essay.
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Price Controls: Prescribed Drugs in North America
Young scholars examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the...
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Application of Matrix Multiplication
The class explores a real-world application in which the data represents rental prices of beach condos. They problem solve by multiplying matrices to determine the cost of each property in each season. Several scenarios are presented in...
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How Has the Constitution Shaped the Economic System in the United States?
Young scholars examine the characteristics of market economies. In this United States economics lesson plan, students analyze the Constitution to understand how it contributes to the market economy established in the United States....
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WHY DOES MONEY HAVE VALUE?
Students learn that money has value by examining the history, meaning of money. market structures and pricing. For this analysis lesson, students use exchange rates to find the cost of an item different currencies.
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Competition and Market Structure
Students participate in a simulation in which some are buyers and some are sellers in a trading activity. They set their own prices and record transactions. Then they calculate who made the biggest profit. They discuss the results.
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Financial Fables: Shopping Wisely with Olivia Owl
Cover two subjects with one lesson! First, dive into English language arts; read an eBook, answer comprehension questions, and complete a cause and effect chart about the financial fable, Shopping Wisely with Olivia Owl. Then, take...
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Filling Up-Gasoline
In this fuel sources worksheet, young scholars calculate the E85 alternative fuel costs per gallon compared to the cost of gasoline. Students complete a table to show the comparison prices. They create a triple line graph to show the...
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Hitting the Roof
Students examine the state of the British housing market. In this current events lesson plan, students visit selected websites to study Gordon Brown's plan for eco-towns, how to borrow money to buy homes, and what the home prices are in...
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What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
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Deflation: Who Let the Air Out?
Why do decreasing prices (deflation) restrain economic growth, and why is this a real concern? Here you'll find reading materials and a related worksheet that gets right to the heart of this question, using recent events and...
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Don't Bet The House On It!
Great real-world math application! Have the class compare and contrast their estimated home price and income data with actual data. In groups, they participate in simulations to discover how the housing market and mortgages operate....