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The Columbian Exchange

In this lesson, students learn that the Columbian Exchange resulted in an enormous exchange of goods, resources, and institutions between...
Key Concepts: Economic Development, Goods and Services, Specialization…

Calculating Simple Interest

In this personal finance lesson, students will use I=P(r)(t) to calculate simple interest on a loan.
Key Concepts: Credit, Interest

The Family Vacation

Students will take a surprise trip around the world. As they travel, they will use clues to discover where they...
Key Concepts: Foreign Exchange, Money, Trade, Exchange and Interdependence

Transportation: They Say We Had a Revolution (Part 3)

Advancements in transportation have played a key role in the growth of our nation. U.S. government policies have also had...
Key Concepts: Balance of Trade and Balance of Payments, Business Costs and Revenues, Economic Systems…

Transportation: They Say We Had a Revolution (Part 1)

Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade, Business Costs and Revenues…

The Civil War: A War of Resources

The North won the Civil War in large part due to its superior resources. In this lesson students will learn...
Key Concepts: Division of Labor/Specialization, Goods and Services, Resources

The Higher you Climb, The More You Pay

Students will take a "Virtual Tour" of the Eiffel Tower in Paris France and locate the price of a bottle...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Demand…

Did You Get the Message?

Updated! In this economic lesson, students will view TV ads to learn advertising incentives and strategies.
Key Concepts: Advertising, Consumers, Incentives

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