Grades 6-8, 9-12
In this webinar teachers will be able to:
- Explain the three main economic questions faced by every society.
- Discuss the types of economic systems and how they allocate resources.
- Determine the economic incentives provided by markets in each system and describe how the government affects those incentives.
This video is available to view for EconEdLink members only.
In this webinar, teachers will examine the three basic economic questions and how answering those questions leads societies closer to their economic goals. We will investigate how a varying degree of government involvement in economic systems and how choices are made regarding scarce resources. Teachers will be introduced to activities they can use with students, including ready to use games using EdTech tools!
In this economics lesson, students will assess the costs and benefits of product allocation methods.
Key Concepts: Decision Making/Cost-Benefit Analysis, Economic Systems, Scarcity
In this economics lesson, students will review the health systems of United States and Canada.
Key Concepts: Business Costs and Revenues, Choice, Decision Making/Cost-Benefit Analysis…
In this economics video, students will learn about economic institutions and play a Kahoot! game.
Key Concepts: Economic Institutions, Economic Systems
Grades 3-5, 6-8, 9-12
In this economics video, students will learn about scarcity and play a Kahoot! game.
Key Concepts: Economic Systems, Goods and Services, Scarcity