Search Results for: Economics

In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.

This lesson focuses on a group of nineteenth century industrial entrepreneurs described in many history books as Robber Barons. It calls upon students to analyze the activities of these entrepreneurs in order to draw conclusions about the innovations and business practices for which they …

This lesson is designed to acquaint students with the relationship between earnings and education. The data are very clear regarding one’s earning potential and educational attainment. That is, the more education an individual has the greater his or her earning potential. This is an…

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a shopper. In making these choices, you will decide whether you are willing to accept one good as a substitute for another or not. Are you willing to make substitutions at the grocery store…

The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for use as money. They will examine the characteristics of money by comparing and contrasting examples of U.S. and world currencies. Imagining that their classroom is a co…

Using MS Excel and data from the Bureau of Economic Analysis web site on federal government spending, students will compare the amounts spent on various sectors and programs over a range of years.

Using the study of the Lewis and Clark expedition students will define the term barter and give examples of bartering.

Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one group pay more than another group? Furthermore, …

January 18, 2016 is Martin Luther King Day. Students can explore the history behind this day and this charismatic man by following the links below. By completing the lesson which follows, students will learn that Civil Rights legislation (developed thanks, in part, to MLK) actually occurr…