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What Are Incentives?

Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Incentive

Old Toy - New Market

Students explore the LEGOLAND theme parks and demonstrate an understanding of how new markets can be created and that cultural...
Key Concepts: Goods and Services, Markets, Profit

Marketplace: Let's Go Euro!

With the start of the new year in 2002, the 12 members of the European Union launched a single currency...
Key Concepts: Foreign Exchange, Productivity, Trade, Exchange and Interdependence

Improving on the Original

What makes something worth marketing? This lesson focuses on the distinction between marketing a new product or licensing it to...
Key Concepts: Entrepreneurs

Ben & Jerry's Flavor Graveyard

Ben & Jerry are producers of ice cream. Even if they produce ice cream for the entire nation, they still...
Key Concepts: Choice, Entrepreneurs, Productive Resources…

CPI- The Crystal Ball

Governments and other financial organizations are constantly measuring trends in the economy to try to predict what will happen next....
Key Concepts: Fiscal Policy, Markets and Prices

NearPod Version Available

It Pays to Stay in School

In this personal finance lesson, students will analyze and develop stay-in-school incentive programs for a group of students.
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Incentives

Nearpod version available

Why Adopt a Highway?

In this personal finance lesson, students will learn about the successful Adopt-a-Highway program.
Key Concepts: Decision Making/Cost-Benefit Analysis, Market Structures, Roles of Government

Lemon Squeeze - The Lemonade Stand

Everyone has at one time or another opened a lemonade or Kool-Aid Stand. What a great place to begin an...
Key Concepts: Demand, Markets, Markets and Prices

Multipliers and the Mystery of the Magic Money

Students learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and...
Key Concepts: Economic Institutions, Fiscal Policy, Markets and Prices

The Penny Problem

Students will research the cost of making the penny and the use of the penny. They will come up with...
Key Concepts: Economic Institutions, Money

Inventive Incentive

There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are...
Key Concepts: Choice, Incentive

Market-Ability

Marketplace, a daily economics news program heard on National Public Radio, featured a story on January 8, 2002, titled "Microsoft...
Key Concepts: Balance of Trade and Balance of Payments, Markets

Capital Chips (Part 1)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Balance of Trade and Balance of Payments, Credit, Goods and Services…

Capital Chips (Part 2)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Balance of Trade and Balance of Payments, Goods and Services

Capital Chips (Part 3)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Goods and Services

Unemployment in My Hometown

Students use the Bureau of Labor Statistics website to track unemployment rates for their community, and after researching information about...
Key Concepts: Employment and Unemployment

It's a Matter of Power

Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum...
Key Concepts: Decision Making/Cost-Benefit Analysis, Incentive, Profit