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Teach Opportunity Cost with "Uncle Jed's Barbershop"

Students listen to the book Uncle Jed's Barbershop, about an African American barber who, despite significant setbacks, saves enough money...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurship, Saving

Immigration

This lesson helps students better understand immigration, a major issue in the 2016 presidential election. Students learn how to evaluate...
Key Concepts: Division of Labor/Specialization

Balancing the Federal Budget

ESSENTIAL DILEMMA When, if ever, should the nation prioritize balancing the federal budget?
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Credit…

The Economics of National Security

ESSENTIAL DILEMMA How do we know if we are getting good value out of the money we spend on defense?
Key Concepts: Budgeting, Credit, Decision Making/Cost-Benefit Analysis

Medicare and the National Debt

In this economics lesson, students will discuss the value we place on guaranteeing quality health care to the elderly.
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Financial Markets…

Money and Elections

Students will be introduced to the sources of campaign war chests, learning about the recent court decisions that have allowed...
Key Concepts: Decision Making/Cost-Benefit Analysis

Broad Social Goals of an Economy

COMPELLING QUESTION Why do politicians disagree on economic issues -- isn't there one right answer? Students work in small groups...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis, Economic Systems…

Margin Of Error

The lesson begins with an introduction to the use of polls in political campaigns. The students are introduced to the...
Key Concepts: Choice

Public Choice Economics

Students participate in a series of classroom elections to analyze special-interest effects and see how the costs of voting and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Public-Choice Analysis

The Panic of 1893 and the Election of 1896

ESSENTIAL DILEMMA Were the contradictory responses political leaders had to the panic of 1893 driven more by economic/political self-interest or...
Key Concepts: Budget Deficit, Budgeting, Business Cycles…