Search Results for: TAXES

COMPELLING QUESTION Why don’t we always choose the best option when making a decision? The lesson presents three short illustrations of how people may not always make decisions by weighing the costs and benefits of the alternatives. The lesson emphasizes how reference points…

Students will utilize the Structured Academic Controversy method to explore the issue of income inequality in America. Through reading and civil discourse, a clear understanding of the concept and its causes will emerge. In addition, students will realize that while the existence of the p…

Friday the 13th was your lucky day. You won the lottery! The lottery officials have given you a choice. You can either receive the $10 million now in one lump sum, or you can receive $1 million a year for the next 20 years. Now what do you do?

The purpose of this lesson is to help you explore the relationship between education and income. Income is earned from one's resources. Those resources might be natural resources (oil field, farm land), capital resources (man-made resources that are used in the production of goods and serv…

Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.

Updated with new data! Students identify costs associated with voting. Then they make predictions about who might be more likely to vote based on their understanding of opportunity costs.

The students work in small groups that represent households. Each household answers questions about stocks and stock markets. For each correct answer, a household earns shares of stock. At the end of the game, the groups that answered all questions correctly receive a certificate good for…

In this personal finance lesson, students will use breakeven analysis formula to analyze investment options.

In this economics lesson, students will identify conditions in the economy to learn about the Great Depression.

Students look at definitions for the three categories of federal spending and using the internet locate examples of each. They then categorize a list of expenditures as government purchases or transfer payments. Given federal budget data, students analyze the pattern of change that has…