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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…

This is the final lesson in a series of lessons that introduces students to the economic data that economists use to assess the health of the economy. This lesson focuses on assessing the health of the economy using the content learned in the previous lessons, and introduces the role of mone…

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The city of Philadelphia, Pennsylvania recently opened a $300 million dollar center for the performing arts, the Kimmel Center. This lesson was developed for a special teacher workshop to incorporate economics and the arts to teach kids about Productive Resources. The lesson illustrate…

In this personal finance lesson, students interpret charts and graphs to analyze home buying trends, and then use a mortgage calculator to find out how the size of the down payment, length of the loan, and interest rate affect the cost of a mortgage.

Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum production in favor of reselling electricity.

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be examined. The benefits from the capital investments of Herr Foods, Inc. will be related to their effect on the standard of living. Then students will visit one of th…

High school students have rarely been asked to look at their future beyond where they will be going to college or what job they think they will have. This lesson asks you to think in a long-term perspective. By using a timeline, something you should be familiar with from past history cla…

The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Students will research the Inuit economy and compare and contrast it…

The first part of this lesson introduces students to the terms human capital, occupation, salary, and wages. Part two of this lesson provides the students an opportunity to compare selected careers including median salary and education statistics. The final part of this lesson provi…