Economics website presents a video [0:52] and quiz teaching students about the concept of money and monetary goods.
Economics website with interactive features and video for students on money management and budgeting. [3:25]
Website with short video [0:20] and quiz teaches the concept of opportunity cost. Links to related material and lessons.
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.
This video teaches the concept of Productive Resources. Productive resources are used to produce goods and services and are classified into four categories: land, labor, capital, and entrepreneurship.[1:32]
Economics website presents video [2:12] and interactive quiz on property rights and ownership.
A simple lesson plan on the concept of opportunity costs or sacrifices. A short quiz on this concept is also provided.
Video [1:44] and quiz teaches the concept of Economic Institutions, those established laws, customs, organizations or systems that have a strong impact on economic decisions.
This video teaches the concept of Scarcity and includes a quiz. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist. [1:13]
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.