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What Happened to Railroads?

Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral...
Key Concepts: Business Costs and Revenues, Credit, Decision Making/Cost-Benefit Analysis…

It's a Not So Wonderful Life

In this lesson students learn about banks and banking. The study the fractional reserve system, and the role the Fed...
Key Concepts: Economic Institutions, Markets and Prices, Money…

Banks & Credit Unions (Part I)

Students learn about banks and credit unions, identifying similarities and differences between the two types of financial institution. They also...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Decision Making/Cost-Benefit Analysis…

Deceptive Advertising: Crossing the Line

Businesses use advertising to tell consumers about the goods and services they are selling. Businesses hope that their advertisements will...
Key Concepts: Advertising, Business Costs and Revenues, Economic Institutions…

Education: Weigh Your Options

Getting and keeping a job often requires special education or training. While an employer may provide or pay for some...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis

Satisfaction Please! (Part 3)

Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to...
Key Concepts: Consumers, Economic Institutions, Public-Choice Analysis…

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…

Was Babe Ruth Under Paid?

Updated with 2022 MLB information! This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index,...
Key Concepts: Inflation, Markets and Prices