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'You Paid How Much for That Ticket?'

Have you ever been the victim of discrimination? That is, have you ever been treated differently from other people based...
Key Concepts: Business Costs and Revenues, Demand, Markets and Prices

'Be All You Can Be'...For Minimum Wage?

Perhaps you have seen the catchy TV ads for the various branches of the United States military. You know, the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Division of Labor/Specialization…

Do You Have a Yen to Go to College?

Carlos is a senior at local high school. When he graduates, he plans to study computer animation. He has applied...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Foreign Exchange…

Save the Moonflowers

Margaret Mee (1909-1988) was a botanical artist who often traveled up the Amazon River alone in search of rare flowers...
Key Concepts: Goods and Services, Markets

Where Does the Money Come From?

With very few exceptions, the U.S. federal government does not have an "income" to spend providing goods and services. The...
Key Concepts: Roles of Government

How Long Is Your Life?

High school students have rarely been asked to look at their future beyond where they will be going to college...
Key Concepts: Budgeting

The Story of Jack and the Bank Stalk

Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Economic Institutions…

US History: Inventors & Entrepreneurs

Students will learn the difference between inventors and entrepreneurs. From talking with adults they will learn some of the benefits...
Key Concepts: Consumers, Entrepreneurs, Incentive…

Pennies Make Cents

Students will review the history of trade before money and will investigate the history of money. Students will locate information...
Key Concepts: Money, Trade, Exchange and Interdependence

Changes in Change

This lesson begins with students visiting a web site that gives them practice in counting money. The second site goes...
Key Concepts: Economic Institutions, Goods and Services, Money

Bill, Are You Bogus?

In a barter system, people have to trade goods and services for other goods and services. In an economy that...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence

Old Business, New Business

In this lesson students are introduced to several businesses from the past. They see that, while the names for these...
Key Concepts: Balance of Trade and Balance of Payments, Business, Demand…

I Have No Money, Would You Take Wampum?

Through the use of folk tales, history, and the students' own experiences, students will recognize the inter-relatedness of goods, services,...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence

An Entreduction

This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…

Economic Forecasting: An Internet WebQuest

Economics is often called the "science of decision making." The decisions that economists analyze range from personal decisions such as...
Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment, Fiscal Policy

The Economics of the Family Farm

Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…

The Wizard of Oz Visits Japan

Deflationary conditions in the United States have not returned since the Great Depression. Instead, U.S. policymakers have frequently found it...
Key Concepts: Fiscal Policy