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.
Why are some countries very wealthy and others so poor? In this lesson you will learn about the factors that contribute to a nation's standard of living.
This lesson plan reviews how the government spends money. It shows how the government's needs have changed over the years. To learn more about this area of economics use this informative website.
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 and made barter possible in the traditional Hawaiian economy."
This student version of an economics lesson plan focuses on allocation. For a lesson about how the rule of force motivates, check out this informative website.
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.
This lesson plan focuses on discussion of inventions, brainstorming new products or improvements, and identifying the protection, production, and marketing processes.
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.
Lesson that helps student understand the decision-making process and introduces the concept of cost. Students listen to a story and take a short quiz. Includes links to the story and the quiz.
This lesson plan helps students distinguish between earned and unearned income by identifying methods for getting money.
This site provides an interesting lesson on credit and how we use it, the dangers of over-using it, bankruptcy and its consequences, and more.
This lesson plan from the Council for Economic Education for students, grades 9-12, examines the question of why many Americans don't vote. It interestingly ties the answer to some economic terms such as choice, cost/benefit analysis, and decision making. There is also a link to the student version of this lesson that can be followed on line.