Curated OER
Sharing is Caring
Students sharpen their problem solving skills. In this service learning lesson, students work collaboratively to solve a problem involving scarcity.
Sharp School
Real Life Economics 101
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Council for Economic Education
A Perfect Pet
Students read the story "The Perfect Pet". They examine how scarcity is a problem in society when people can not have everything they want which forces them to make (economic) choices.
Curated OER
Distribution of Goods
Students study the concept of scarcity and that it requires people to make choices when trying to satisfy their unlimited wants. Groups are given bags of items and must distribute the items in the bag in a way that is acceptable to...
Curated OER
Economics during the Civil War
Students synthesize the concepts of scarcity, supply, and demand, pertaining to the Civil War time period. In this economics lesson, students gain understanding of economic terms through read-alouds, Venn diagrams, (comparing lifestyles...
Curated OER
Economic and Social Changes in the High Middle Ages
Students investigate the economic and social changes that occurred in the High Middle Ages. They listen to a lecture and take notes, and in small groups compose a medieval charter and role-play its presentation to the class.
Curated OER
Economics: The Scarcity Principle
Students discover how scarcity leads to economic choices. They examine its effect on individuals, business, and governments. Students simulate various scenarios to determine the role scarcity plays in each.
Curated OER
Scarcity and Choices
First graders gain an understanding of the scarcity of resources and how it affects the choices that we make in our everyday lives. Students will participate in a variety of activities such as literature analysis, shopping, journal...
Curated OER
Scarcity & Choice
In this economics worksheet, students respond to 16 fill and the blank and multiple choice questions about scarcity and choice.
Curated OER
Water Scarcity in the Middle East
In this water scarcity learning exercise, students respond to 11 short answer questions about water resource sharing after they read assigned textbook pages and the included article.
Curated OER
How did Geography Affect the Economy of the Colonies
Eighth graders examine the impact of geography on a region. In this geography lesson, 8th graders study the themes of geography. Students write an open response to a question.
Curated OER
Rationing Scarce Goods and Services
Students examine the concept of scarcity. They list ways in which they can all get a piece of a good or service. They discover the concept of scarcity and discuss.
Curated OER
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
Curated OER
Food Insecurity
Explore food insecurity and resource scarcity with your class. They discuss the sharing of scarce resources, how to be good caretakers of these resources, and how choices impact the entire world.
Curated OER
Chapter 1: The Nature and Method of Economics
If the extent of your class' economic knowledge is the five-dollar bill they spent on lunch, then this presentation will be a good introduction to economics. From the basics of policy economics versus theoretical economics, to the...
Council for Economic Education
Great Civilizations Develop around Rivers
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
Council for Economic Education
Mercantilists and the Midas Touch
What is the connection between greed and mercantilism? Historians consider this question by analyzing a fairy-tale like story about King Midas from the nineteenth century. The background information and excerpt help pupils understand the...
Bowland
Water Availability
Just how scarce is water in different parts of the world? Through these water lessons, young data analysts use provided data to investigate the scarcity of water in countries of the Middle East and Africa. They use ratios and rates to...
Federal Reserve Bank
What Are the ‘Ingredients’ for Economic Growth?
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
Pulitzer Center
Exploring Downstream: Water Resources
The lack of clean water is a life-threatening plight for millions of people around the world. Through an extensive WebQuest, young environment or social studies classes compare our water availability to that of the cxitizens of Ethiopia,...
Curated OER
One Room Many Minds
Students study the ways in which one room schoolhouses were an integral part of Canadian society. They explore the economic, geographic, and cultural contributions to their establishment and speculate about and compare education...
Curated OER
Africa: A Cultural Safari
Students examine the kingdoms of West Africa during the Middle Ages. They label maps and identify Africa's physical features, simulate the trading of gold, buy and sell goods using cowrie shells, and participate in a cultural safari day.
Visa
Make It Happen: Saving for a Rainy Day
Every little penny counts, especially when it comes to saving for emergencies or long-term goals. Pupils evaluate different saving and investment strategies, such as a CD or money market account, through worksheets and by researching...