Search Results for: math and economics

Imagine that you've just graduated from college and have been offered a position with a firm in New York City. You can't wait to start living in your own apartment. Your Aunt Bernice, who lives in Brooklyn Heights, has offered you a place to stay while you look for a place to begin liv…

PBS video author Paul Solman reports that LeBron James has added $200 million in value to the city of Cleveland since 2003. His presence brings in $100 million each year to the workers and local businesses surrounding the NBA team. The concept of utilitarianism states that the action which …

The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will then pack a virtual suitcase making good choices about what they pack.

In this lesson about the EPA, students will find out that their government pays for goods and services by taxing people and companies.

With its, emerging middle class, its new markets, and a new emphasis on increasing its technology base, where is China going to fit in the world economy?

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest valued alternative that must be given up when another option is chosen—helps people to assess their alternatives.

Updated! George Washington Carver, a great scientist, changed the economy of the South with his agricultural knowledge. This lesson will investigate how the lowly peanut kept the cotton farmers from losing everything.

Peppe and his family moved to America to pursue the American dream. His mother has passed away, his father is ill,and all the children need to find work to help provide for basic essentials. Peppe is excited to find a job, only to be told by his dad that it is not a job he should be proud…

Working in small groups, students participate in a production simulation (making Valentine's Day greeting cards) to determine the effects of specialization on labor productivity,  the division of labor, and investment in human capital and capital goods.