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Money is what we use to show what goods or services are worth. When you do work, you are paid with money. When you sell something, the buyer gives you money. Sometimes it’s a lot of money and sometimes it’s just a little money. How much money you are given depends on how mu…

This updated lesson is based on the novel, Lyddie, by Katherine Paterson. Set mainly in Lowell, Massachusetts, in the 1840s, 13-year-old Lyddie Worthen, works six days a week, from dawn until dusk, running weaving looms in a murky dust-and lint-filled factory, trying to save enough money to…

In this lesson students learn decision making skills that will help them become better consumers. As consumers they have a variety of alternatives from which to choose. They learn about the importance of price information in making their decisions. First, students gather information on…

Students explore the concept of interest by means of two activities. The first, a simple activity with jellybeans, introduces the concept of interest accruement, and the second, a practical, "real world" activity, reinforces the concept and places it into a larger context.

Students learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and how the Federal Reserve uses the reserve requirement and loans to correct economic instability.

Students research the economic systems of a communist country and a third-world country and compare them to the US, guided by questions and using information from the CIA World Factbook website.

Students learn how to identify headlines in the news and current events as illustrations of problems in supply and demand. Students will be linked to news sites to create their own analysis of supply and demand issues in problems facing our society.

Combine your economics and geography lessons in this activity that has students reviewing continental drift and the continents of Laurasia and Gondwana as they trade goods and calculate comparative and absolute advantage.

Managing money is hard! Even when you know what you should do, it can be hard to actually do it. In these games from the PBS science series NOVA, students practice strategies for making financial decisions by taking care of a pet while learning how to overcome common behavioral biases.

In this economics interactive, users will play a drag and drop interactive to find the difference between Keynesian theory and New Classical theory.