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What Does A Dollar Really Buy?

Students will describe the purpose of a price index, and how it is calculated. Then students will describe the weaknesses...
Key Concepts: Fiscal Policy

From Butterflies to Buffaloes

Nature tourism, also known as ecotourism, is a fast growing segment of the tourism industry. In this lesson, students learn...
Key Concepts: Goods and Services, Markets, Producers…

Comparative Economic Systems

Students research the economic systems of North Korea and Chad and compare them to the US, guided by questions and...
Key Concepts: Economic Systems

Making Cents out of Centimes

Students will learn that most countries create their own currency for use as money. In most of Europe that money...
Key Concepts: Foreign Exchange

Stock Market Price History

Each of us seek to make wise investment decisions that will make our money grow. Unfortunately, we cannot predict the...
Key Concepts: Fiscal Policy, Investing

Economics in the Headlines

Students learn how to identify headlines in the news and current events as illustrations of problems in supply and demand....
Key Concepts: Demand, Markets, Markets and Prices

The Shoemaker's Tools

After hearing the story, "The Shoemaker and the Elves," the students will find the capital resources of the shoemaker's business.
Key Concepts: Goods and Services

I Can Dream Anything!

After listening to the song, 'I Can Do Anything', students discuss services that people in the community perform. This lesson...
Key Concepts: Choice, Specialization

Human Capital For Money

The first part of this lesson introduces students to the terms human capital, occupation, salary, and wages. Part two of...
Key Concepts: Division of Labor/Specialization, Goods and Services, Specialization

Tricks for Treats

Students will recognize that people (and animals) will work for incentives.
Key Concepts: Choice, Incentive

The Mystery of the Amazing Farmers

In this lesson you will be taking on the role of an an investigative reporter to solve the Amazing Farmer...
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Goods and Services

A Fair Wage

Income for most people is determined by the market value of the productive resources they sell. What workers earn depends,...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Business Costs and Revenues…

What Do You Want To Be?

In this lesson, students have the opportunity to explore various jobs and decide what they might want to be when...
Key Concepts: Fiscal Policy, GDP, Real vs. Nominal