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The Price of Gasoline: What's Behind It?

In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…

Believe it or Not?

In this economic lesson, students will explain fact and opinion in advertisements.
Key Concepts: Advertising

Why do we need money? Think about Ebay!

The students investigate money--its purpose and functions. They complete an exercise, using the online acution site Ebay, to learn why...
Key Concepts: Foreign Exchange, Markets, Markets and Prices…

Industrial Entrepreneurs or Robber Barons?

This lesson focuses on a group of nineteenth century industrial entrepreneurs described in many history books as Robber Barons. It...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Economic Systems…

There is Something in the Water

The United States is losing 60,000 acres of wetlands each year. Is this good or bad? Does anyone really want...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…

Agent Pincher: The Case of the UFO

Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes...
Key Concepts: Balance of Trade and Balance of Payments, Foreign Exchange, Money…

Fad or Fortune

This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation,...
Key Concepts: Business Costs and Revenues, Choice, Demand…

Could You Earn a Million Dollars?

This lesson is designed to acquaint students with the relationship between earnings and education. The data are very clear regarding...
Key Concepts: Division of Labor/Specialization, Roles of Government

Sand Art Brownies

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a...
Key Concepts: Decision Making/Cost-Benefit Analysis, Scarcity

Collecting for Fun . . . and Profit?

Art, baseball cards, coins, comic books, dolls, jewelry and stamps are just a few examples of the many things people...
Key Concepts: Balance of Trade and Balance of Payments, Demand, Investing…

Worker Safety - The Triangle Fire Legacy

In this economics lesson, students study job safety using the Triangle Fire and black lung outbreak.
Key Concepts: Employment and Unemployment, Roles of Government

Be an Energy Saver

This lesson focuses on the scarce and nonrenewable nature of fossil fuels in order to stimulate student thinking about energy...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Incentive…

Guess Who's Coming to Dinner

This lesson introduces regulation and information as two tools used by government to promote fair competition and complete information in...
Key Concepts: Business Costs and Revenues, Decision Making/Cost-Benefit Analysis, Roles of Government

Where's the Beef?

Students explore meat consumption statistics, an indicator of a nation's relative prosperity and standard of living. They do a survey...
Key Concepts: Goods and Services

Hey, Get a Job!

The second of a two-part unit on income-earning endeavors, this lesson has students choose a job or business to engage...
Key Concepts: Budgeting, Entrepreneurs

I Can Be an Entrepreneur

In this personal finance lesson, students explore entrepreneurship by earning money and advertising their business. Learners are given advice on...
Key Concepts: Entrepreneurs, Profit