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The Price of Gasoline: What's Behind It?

In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…

Education: Weigh Your Options

Getting and keeping a job often requires special education or training. While an employer may provide or pay for some...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis

Satisfaction Please! (Part 3)

Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to...
Key Concepts: Consumers, Economic Institutions, Public-Choice Analysis…

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…

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

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…

Why Do Economies Grow? | Lesson Demo

This video is a classroom demonstration of Lesson 3: Why Do Economies Grow? from CEE's Understanding Economics in U.S. History...
Key Concepts: Balance of Trade and Balance of Payments

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…

Satisfaction Please! (Part 2)

Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to...
Key Concepts: Consumers, Economic Institutions, Incentive…

Fewer Watts and Fatter Wallets

Students learn about incentives for alternative energy programs and the role played by non-price determinants in energy choices.
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Incentive

Fad or Fortune

This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation,...
Key Concepts: Business Costs and Revenues, Choice, Demand…