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Grades 3-5

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…
Lesson

Grades 3-5

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
Lesson

Grades 3-5

An Entreduction

This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…
Lesson

Grades 9-12

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
Lesson

Grades 6-8, 9-12

Taxes Tic Tac Toe

In this game, students can play tic tac toe while answering questions about proportional, regressive, and progressive taxes.
Key Concepts: Taxes
Activity

Grades 9-12

The Economics of the Family Farm

Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…
Lesson

Grades 9-12

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
Lesson

Grades 3-5

Hey, Mom! What's for Breakfast?

Students working in cooperative groups will discuss food items they consume for breakfast, investigate elements of foreign culture, particularly food,...
Key Concepts: Consumers, Goods and Services, Producers
Lesson

Grades 3-5

Paraffin-alia

All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
Lesson