This lesson addresses the distribution of income. Some believe that income distribution is becoming more unequal. This lesson explores that question. The site includes links to articles and questions.
This lesson is a simulation of opening a bank. Students are assigned various roles to play within the banking business. Students learn about the role banks play in a market economy.
This printable lesson discusses producers and consumers from an agricultural perspective. It focuses on choices that the consumer has with regard to purchasing agricultural goods (e.g. fruits and vegetables). As an example, it uses community supported agriculture (CSA).
This lesson takes students through the process of buying a car. A great real-life application that helps introduce students to all of the nuances associated with purchasing a car, such as interest rates, loan applications, and amortization.
Learn more about the economy through this informative lesson. "In this lesson, you will learn how the incentive program affects the personal choices you make in class. You will also analyze how economic incentives can affect behavior."
How does the government raise money to fund government agencies like the EPA? Through taxes. This lesson looks at the different taxes that are paid by US citizens and how the money is used for things such as cleaning up the environment.
Find out what the definition of a cost and a benefit is in terms of the economy when using this site. "When making a decision, students should consider the costs and the benefits of that decision."
One of the most common replies given by parents when their children ask for money is "Do I look like I'm made of Money?" This lesson is designed to educate students about the need for money as a generally accepted medium of exchange. The students will also learn how money is earned. Finally, the students will identify useful endeavors they can be a part of.
We tend to see the United States as a country with free trade. Although we do have a great deal of freedom to enter new markets, there are barriers to trade that limit consumer choice. This lesson explores these barriers and how they work.
This video teaches the concepts of Decision Making and Cost-Benefit Analysis. Decision making refers to the process by which rational consumers seeking their own happiness or utility will make choices. [2:21]
This video teaches the concept of Entrepreneurs. Entrepreneurs are willing to risk their own resources in order to sell them for financial gain or profits. They are successful when they provide consumers with goods and services that consumers highly value. There is a short quiz at the end of the video. [2:19]