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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…

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…

Satisfaction Please! (Part 2)

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, Incentive…

Fewer Watts and Fatter Wallets

Students learn about incentives for alternative energy programs and the role played by non-price determinants in energy choices.
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Incentive

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…

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…

You Can BANK on This! (Part 1)

Banking should not be confusing. It should be INTERESTing! Most students in the elementary grades would love to know more...
Key Concepts: Money, Trade, Exchange and Interdependence

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

The Grasshopper and the Ant

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest...
Key Concepts: Balance of Trade and Balance of Payments, Consumers, Decision Making/Cost-Benefit Analysis…

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

What Face do you Use?

The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for...
Key Concepts: Money, Trade, Exchange and Interdependence

To Be or Not To Be?

This lesson guides students through web sites that examine careers that are typically of interest to 3rd- through 5th-grade students....
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Goods and Services

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…