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Lesson Plan
Council for Economic Education

Econ Ed Link: The Mystery of Is It Mine or Ours?

For Teachers 3rd - 5th
Students will learn that people respond predictably to positive incentives (rewards) and negative incentives (penalties). They will identify incentives in their daily lives at home and school. Students will discuss which incentives have...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)

For Students 3rd - 5th
Use this EconEdLink intermediate activity to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)

For Teachers 3rd - 5th
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if you...
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Lesson Plan
Council for Economic Education

Econ Ed Link: China Where Will They Fit in the World Economy?

For Teachers 9th - 10th
With its emerging middle class, its new markets, and a new emphasis on increasing its technology base, where is China going to fit in the world economy?
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Lesson Plan
Council for Economic Education

Econ Ed Link: Chevy Volt It's Electric!

For Teachers 9th - 10th
The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed.
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Interactive
Council for Economic Education

Econedlink: Balance of Trade and Balance of Payments

For Students 9th - 10th
This video teaches the concepts of Balance of Trade and Balance of Payments. The balance of trade is calculated by subtracting imports from exports. The balance of payments includes payments related to exports and imports of goods;...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Competition Pizza

For Teachers 3rd - 5th
A lesson that teaches about competition in the marketplace that uses student-gathered information about businesses where they live. Includes student activities and links to national standards in economics and personal finance.
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Lesson Plan
Council for Economic Education

Econ Ed Link: This Little Piggybank Went to Market

For Teachers 3rd - 5th
A good lesson that conveys to young young scholars why people work and why they keep their money in banks.
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Interactive
Council for Economic Education

Econ Ed Link: Taxes and Income

For Students 9th - 10th
Review progressive, regressive and proportional taxes with this interactive.
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Interactive
Council for Economic Education

Econ Ed Link: Taxes and Income

For Students 9th - 10th
Use this interactive graph to gain an understanding of how taxes increase as your income goes up. The y-intercept line shows the base tax amount for no income.
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Website
Council for Economic Education

Econ Ed Link: Positive and Negative Incentives

For Students 3rd - 8th
Website with video and links to related resources exploring positive and negative incentives and choice in the economy.
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Website
Council for Economic Education

Econ Ed Link: Opportunity Cost

For Students 9th - 10th
Website with short video [0:20] and quiz teaches the concept of opportunity cost. Links to related material and lessons.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This activity provides a fun way to explore concept of economic decision making. In the lesson plan, young scholars are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in a...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This site is a lesson that teaches learners about scarcity and choice. Students participate in a simulation where they are asked to make choices about what they want to take with them in order to survive.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Nothing to Buy

For Teachers 3rd - 6th
This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Hawaiian Economics: Barter for Fish & Poi

For Teachers 3rd - 5th
In ancient Hawaii, chiefs managed the economy by creating a land division system, the Ahupua'a, which divided the islands into pie slice shapes. Each Ahupua'a covered the three main regions of the islands: the mountains, the valleys, and...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Hawaiian Economics: Barter for Fish & Poi

For Teachers 3rd - 5th
Use this lesson to learn more about the Hawaiian economics system. Learn how they developed and used this specialized type of money system. "In this lesson, you will learn how specialization and division of labor increased productivity...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Dynamic Decision Making

For Teachers 3rd - 5th
Students will be introduced to the PACED Model and learn to use the parts of the model-- Problem, Alternatives, Criteria, and Evaluation- in solving problems and making decisions. They will practice using the model in decisions about...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Demand Shifters

For Teachers 6th - 8th
Check out this informative economics lesson plan that teaches about demand, and factors that cause demand for a good or service to change. Students learn to recognize factors that influence one's behavior as a consumer.
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Website
Council for Economic Education

Econ Ed Link: Costs and Benefits of Buying a T Shirt

For Students 3rd - 5th
Video and related resources examines the costs and benefits of buying a new T-shirt.
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Lesson Plan
Council for Economic Education

Econ Ed Link: A Penny Saved Is a Penny at 4.7% Earned

For Teachers 6th - 8th
There are lots of ways to receive income, and lots of ways to spend it. In this EconomicsMinute you will develop two budgets to help you decide how to allocate your income. Assuming you do not love making dollar bill rings.
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Lesson Plan
Council for Economic Education

Econ Ed Link: A Penny Saved Is a Penny at 4.7% Earned

For Teachers 3rd - 8th
This is a lesson from EconEdLink where students learn about saving money. Includes activities and materials.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Climbing the Savings Mountain

For Teachers 6th - 8th
Students discover how saving money can be compared to a mountain climb. The climb can be fast or slow, safe or hazardous, scenic or thrilling. You will find out that there is more than one way to get to the top!
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Lesson Plan
Council for Economic Education

Econ Ed Link: Climbing the Savings Mountain

For Teachers 3rd - 8th
Check out this lesson plan to learn how to develop a savings plan that is right for you.