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Grades 3-5

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…
Lesson

Grades 6-8, 9-12

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
Lesson

Grades 3-5

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
Lesson

Grades 3-5

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
Lesson

Grades 6-8, 9-12

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…
Lesson

Grades 6-8, 9-12

Be an Energy Saver

This lesson focuses on the scarce and nonrenewable nature of fossil fuels in order to stimulate student thinking about energy...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Incentive…
Lesson

Grades 6-8, 9-12

Guess Who's Coming to Dinner

This lesson introduces regulation and information as two tools used by government to promote fair competition and complete information in...
Key Concepts: Business Costs and Revenues, Decision Making/Cost-Benefit Analysis, Roles of Government
Lesson

Grades 3-5

Money Comes and Goes

Students read two online stories that introduce them to the elements of a budget and show that a successful budget...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting
Lesson