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Lesson Plan
Council for Economic Education

Econ Ed Link: Every Penny Counts

For Teachers Pre-K - 1st
Lesson that helps learners understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand that...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Economic Incentives in Our Community

For Teachers 3rd - 5th
Students will identify positive and negative economic incentives used in their communities to encourage people to make CHOICES beneficial to the community. Students will recognize that not all incentives convince all people since people...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Free Ride

For Teachers 3rd - 5th
Free Ride helps students identify goods and services provided by the government and evaluate the cost of government provided goods and services.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Money Comes and Goes

For Teachers 3rd - 5th
Students read two online stories that introduce them to the elements of a budget and show that a successful budget balances money coming in (income) with money going out (expenses and savings). Follow-up activities point out the value of...
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Interactive
Council for Economic Education

Econ Ed Link: Break Even Analysis Activity

For Students 9th - 10th
An interactive page that finds the break-even number of units that have to sell based on the break-even analysis.
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Interactive
Council for Economic Education

Econ Ed Link: Who Decides Wage Rates?

For Students 9th - 10th
Learn how wages are decided for workers with this simulation. Some students act as sellers of labor and some act as the buyers to establish wage rates.
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Interactive
Council for Economic Education

Econ Ed Link: Distribution of Income

For Students 9th - 10th
Explore how the distribution of income is influenced by productivity and government policies in this interactive simulation.
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Interactive
Council for Economic Education

Econ Ed Link: The Case of the Gigantic $100,000 Bill

For Students 9th - 10th
Learn how banks are only required to hold a fraction of their deposits in a system known as fractional-reserve banking with this interactive activity.
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Interactive
Council for Economic Education

Econ Ed Link: Exchange Rate Calculator

For Students 9th - 10th
Use this exchange rate calculator to determine whether the U.S. dollar has appreciated or depreciated against other currencies.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Be All You Can Be for Minimum Wage? (Educator Page)

For Teachers 9th - 10th
This instructional activity ask students to calculate the percentage change in military strength over the last two decades, hypothesize economic (and non-economic) explanations for these changes, test hypothetical explanations by reading...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Inflation Data: Is the Economy Healthy? (Grades 9 12)

For Teachers 9th - 10th
This lesson asks students to identify sources for macroeconomic data, interpret data, describe the present state of the economy using current data, and use data to predict the state of the economy one year from now.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Are the Best Things in Life Free?

For Teachers 9th - 10th
Young scholars use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Lewis and Clark Barter With Native Americans

For Teachers 6th - 8th
In this lesson you will define the term barter and give examples of bartering in several different areas. Find out how this system took shape and was useful to Lewis and Clark. This site is extremely informative and contains extension...
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Shoemaker's Tools

For Teachers Pre-K - 1st
This lesson incorporates the folk tale of The Shoemaker and the Elves to teach your students about the concept of capital resources. Lesson contains a link to an animated retelling of this beloved classic. Use it to have students...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Taxation Without Representation?

For Teachers 6th - 8th
Check out this informative site to learn more about life in the colonies before the Revolutionary War. Find out why the colonists had issues with "taxation without representation." "You will work independently and in pairs to learn about...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Clipping Coupons

For Teachers 3rd - 5th
Explore this website to find out how and why consumers make choices on what products to buy. Learn how producers entice consumers into buying their products. This is a very informative lesson plan.
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Interactive
Council for Economic Education

Econ Ed Link: The Mystery of Is It Mine or Ours? (Student Version)

For Students 6th - 8th
Check out this informative economics website. "In this lesson, you will learn why some goods are considered to be 'private' goods and others are considered to be 'public' goods." This site contains an interactive activity.
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Website
Council for Economic Education

Econ Ed Link: Opportunity Cost of a Lifetime

For Teachers 6th - 8th
This lesson encourages students to define opportunity cost, determine the the opportunity cost and trade-offs for certain decisions, and select criteria important for decision making.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Guess Who's Coming to Dinner

For Students 9th - 10th
Use this informative website highlighting the Food and Drug Administration and the role they play in keeping our food safe.
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Lesson Plan
Council for Economic Education

Econ Ed Link: National Council of Economic Education: Capital Chips

For Teachers 6th - 8th
This site has a multi-part lesson that explores several aspects of productivity. The site incorporates online resources and activities.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Keep the Strike Going? Or End It? That Was the Question

For Teachers 9th - 10th
In this lesson students will be able to describe the circumstances around the 1998 NBA players strike, list the incentives that influenced player and owner decisions, and identify the costs and benefits the strike had on various groups.
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Lesson Plan
Council for Economic Education

Econ Ed Link: I Can Dream Anything!

For Teachers Pre-K - 1st
Go to this site for fun activities and a great lesson plan on personal choices and specialization. This lesson plan provides the primary teacher with an excellent opportunity to incorporate a character education lesson plan on...
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Right Job for the Tortoise and the Hare

For Teachers Pre-K - 1st
This entertaining lesson teaches your primary students about the value of specialized labor within a community, via The Tortoise and The Hare. This classic story also reinforces character education values of respect and friendship....
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Lesson Plan
Council for Economic Education

Econ Edlink: Taxation Without Representation?

For Teachers 6th - 8th
For this teacher lesson, students will review the series of tax acts that were enacted by the British government and disputed by the 13 colonies of America before the American Revolution. They will discuss the government- provided...