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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
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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
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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…
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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
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The Big Mac Index

How fast can you say "twoallbeef-pattiesspecialsauce-lettucecheesepickles-onionsonasesameseedbun?" This question was asked of millions of TV viewers in the now famous 1970s...
Key Concepts: Foreign Exchange, Markets and Prices, Money
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The Opportunity Cost of a Lifetime

All economic questions and problems arise from scarcity. Economics assumes people do not have the resources do satisfy all of...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis
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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
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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
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