Curated OER
Incentives Matter
Students identify what motive people. They will learn about both positive, and negative incentives. They will use this knowledge to make predictions about how people will behave. They will apply this knowledge to economics.
Curated OER
Hey, Mom! What's for Breakfast?
Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...
Curated OER
Innovation in a Bag
Students create a business plan to start up their own business. In this algebra lesson, students think of a product they can produce and sell. They create on paper what they should do and then put into practice creating a mock business.
Curated OER
The Role of Profits in the Economy
Students discuss the role of profits in an economy. As a class, they explain why profits are an incentive and practice calculating profit and loss. They discover what a firm in capitalism must do to earn profits and explain the...
Curated OER
One word substitution - letter e words
In this letter e words worksheet, learners match words that begin with the letter e to their definitions. Students complete 10 matches.
Curated OER
Economic Community
Fourth graders assume different jobs of a community and understand the terms goods, services, producer, and consumer. In this community lesson plan, 4th graders answer short answer questions to show their knowledge of the terms.
Curated OER
Money, Banks, & Financial Institutions
Students engage in a study of financial institutions that includes the banking industry. They participate in a research study using different resources. They are introduced to the concept of bartering and how it is used as a replacement...
Council for Economic Education
Econ Ed Link: The Entrepreneur in You
This website is a valuable resource in finding out more about being an entrepreneur. It contains a comprehensive lesson plan detailing what it takes to be an entrepreneur.
Other
Federal Reserve Bank of Kansas City: Do I Have What It Takes Entrepreneur? [Pdf]
A series of lessons which introduces the concept of entrepreneurship and its importance in today's global economy.
Council for Economic Education
Econ Ed Link: All in Business
This lesson on entrepreneurship can be used to help middle schoolers understand what innovations are, and what it takes to get an idea off the ground. This lesson will take students through the process of calculating risks associated...
Council for Economic Education
Econ Ed Link: Lemonade for Sale!
Students will become online entrepreneurs, taking risks and changing their production method to increase their profit while running a lemonade stand. This lesson might best be taught after students have learned about the basic concepts...
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
Council for Economic Education
Econ Ed Link: Business Ownership: How Sweet It Can Be!
In this lesson, students research the three basic types of business organization: sole proprietorships, partnerships, and corporations. Considering the advantages and disadvantages of each, they function as consultants offering advice on...
Council for Economic Education
Econ Ed Link: Business Ownership: The Franchise Option
Students explore an alternative to starting a business from scratch- investing in a franchise. They begin by considering the pros and cons of a franchise and whether this form of business is an option that would fit their personality and...