Council for Economic Education
Econedlink: Trade, Exchange and Interdependence
This video teaches the concept of Trade, Exchange and Interdependence. People do not make everything that they and their family use: that is, they do not grow all their own food, sew their own clothes, build their own house and provide...
Council for Economic Education
Econ Ed Link: The Perfect Pet
Consider the economic concept of scarcity while selecting items to buy at a pet store.
Council for Economic Education
Econ Ed Link: The Perfect Pet
Interactive activity in which students learn how to deal with scarcity and the difference between wants and needs as they choose what to buy for their new pet fish with $5.00.
Council for Economic Education
Econ Ed Link: Giving Credit
This life lesson will prepare students for the world of credit. "In this lesson, you will analyze the creditworthiness of people who want to borrow. You will also learn how to identify ways to establish your creditworthiness."
Council for Economic Education
Econ Ed Link: Giving Credit
This lesson introduces the role and importance of the 3 C's - capacity, character, and collateral - to being granted credit. An online story about a girl who fails to return soccer shin guards borrowed from a friend is used to spark...
Council for Economic Education
Econ Ed Link: Lean on Me We Depend on Each Other
Check out this website to learn more about the economy, specialization, and the reasons assembly lines are used.
Council for Economic Education
Econ Ed Link: Lean on Me We Depend on Each Other!
The purpose of this activity is to demonstrate that the production of most goods can be broken down into a number of specific tasks (division of labor), with each of these tasks assigned to specific workers (specialization.)
Council for Economic Education
Econ Ed Link: Economic Spotter: Resources During World War Ii
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!
Council for Economic Education
Econ Ed Link: Buying vs. Renting
Have you given any thought to where you will live when you are "on your own" - out in the world earning a living? You will have many decisions to make as you look for a place to call home. In this lesson, your basic economic decision...
Council for Economic Education
Econ Ed Link: Car Loan Project
Each student will buy (hypothetically) a car that will need to be financed. The student will need to look at different options and decide which will be the best choice for his situation. The student will need to find an advertisement for...
Council for Economic Education
Econ Ed Link: The Price We Pay for Health: Us and Canada
Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the trade-offs associated with those positive aspects. In Canada, everyone has health care,...
Council for Economic Education
Econ Ed Link: Compound Interest
Video [2:52] and quiz on the concept of compound interest.
Council for Economic Education
Econ Ed Link: Staying Afloat Financially in the 21st Century
This instructional activity will help students identify how to make good decisions which will help them financially in the future. Students will identify how to take their own wants and work them into a form of a personal budget....
Council for Economic Education
Econ Ed Link: Banks, Bankers, Banking
Students will demonstrate understanding of the processes associated with banking by role-playing as customers, tellers, and guards.
Council for Economic Education
Econ Ed Link: Baseball Economics 201
Some believe our national pastime may be threatened by the big market, high revenue teams like the Yankees (or the New York Mets, Chicago Cubs, Boston Red Sox, etc.) and that smaller market teams (e.g., the Florida Marlins, San Diego...
Council for Economic Education
Econ Ed Link: Big Banks, Piggy Banks
Use this informative economics lesson plan. Find out how to save your money. "You will read about safe places for keeping money; you also will learn about places where money can earn money."
Council for Economic Education
Econ Ed Link: Big Banks, Piggy Banks
When choosing a place to put their money, people consider how safe there money will be, how easy it is to access, and whether it will earn more money. Students explore how well different savings places achieve these objectives. This...
Council for Economic Education
Econ Ed Link: Calculating Simple Interest
How do banks calculate the amount of interest paid on a loan? In this lesson, students will view a Livescribe Pencast to learn how to find the dollar amount in interest that is due at maturity. This lesson uses different time periods...
Council for Economic Education
Econ Ed Link: One Hen: How One Small Loan Made a Big Difference
The picture book One Hen: How One Small Loan Made a Big Difference, written by Kate Smith Milway, takes place in Africa. Here in a Ghanan village, young Kojo cannot afford to go to school after the death of his father. His resourceful...
Council for Economic Education
Econ Ed Link: Saving and Investing Blitz
Interactive activity-based resource on economic concepts of saving and investing.
Council for Economic Education
Econ Ed Link: The Unemployment Game
Students will learn about important labor market statistics that are frequently discussed in the media. An understanding of the unemployment rate and labor force participation rate will be developed through participation in an...
Council for Economic Education
Econ Ed Link: u.s. Farmers and the Cuban Embargo
This activity explores trade barriers in general and why some U.S. farmers want one specific trade barrier, the Cuban embargo, completely eliminated.
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 1)
This is the first of four lessons on banking for elementary students. This lesson plan provides the students with information on banking; it also allows them to try out some procedures for thinking about money and banking. There is a...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 2)
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...