Search Results for: math and economics

In this elementary lesson, students focus on the economic concepts of price, goods, and services. Knowledge is applied by comparing the pricing of a good (pizza) and a utility service (electricity), highlighting how prices can vary for essentially the same goods and services based on differe…

This lesson deals with credit and wraps up this unit on finance.

Students listen to the book Uncle Jed's Barbershop, about an African American barber who, despite significant setbacks, saves enough money to buy his own barbershop. From the story, students learn about saving, savings goals, opportunity cost, and segregation. The students participate in …

The lesson begins with an introduction to the use of polls in political campaigns. The students are introduced to the term "margin of error". The students participate in a sampling game in which they try to predict the proportion of chips in a bag that are red. The students learn how marg…

In the story, A Chair for My Mother, a little girl and her family save money in a jar to buy a chair after their furniture is destroyed in a fire. In this lesson, students will learn that characters in the book are human resources who save part of the income they earn. Students will ident…

Students study a painting by van Gogh called "Flower Beds in Holland". The students recognize that this farmer made a choice to grow flowers instead of another crop. Students are introduced to the concepts of choice and opportunity cost.

Recently published, but likely written between 1958 and 1962, What Pet Should I Get? is the delightful tale of a definitive childhood event: selecting a family pet. The activities in this lesson focus on the decision-making process. The text, told in the classic Seuss cadence and rhyme sc…

COMPELLING QUESTION Why do politicians disagree on economic issues -- isn't there one right answer? Students work in small groups and are assigned a version of diary excerpts written by a student intern working for a policymaking legislator. Half the groups read a diary that f…

Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.

Updated with new data! Students identify costs associated with voting. Then they make predictions about who might be more likely to vote based on their understanding of opportunity costs.