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Transportation: They Say We Had a Revolution (Part 1)

Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade, Business Costs and Revenues…

The Higher you Climb, The More You Pay

Students will take a "Virtual Tour" of the Eiffel Tower in Paris France and locate the price of a bottle...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Demand…

The Color of Resources

This lesson will demonstrate the making of Crayola products to introduce natural, capital, and human resources as well as touching...
Key Concepts: Resources

Was Babe Ruth Under Paid?

This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index, using baseball players' salaries for...
Key Concepts: Inflation, Markets and Prices

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…

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…

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

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: Demand, Investing, Markets and Prices…