In this webinar teachers will be able to:
- Apply economic principals to the ultra low-cost airline business model
- Employ instructional resources on the airline market that incorporate economic principals
This video is available to view for EconEdLink members only.
Finding an airline ticket for less than $100 sounds like a great deal, but is it? Fasten your seatbelts as you learn about applying economic principles from decision making to competition in the ultra low-cost airline market. We will dive into resources and lesson ideas to prepare your students for takeoff.
Students compare the economic costs and benefits of helping people who are experiencing housing insecurity and consider the ethical implications.
Key Concepts: Decision Making/Cost-Benefit Analysis, Role of Government
Students “produce” blue jeans and make business choices about production to simulate the decision of changing from more expensive, but...
Key Concepts: Costs of Production, Decision Making/Cost-Benefit Analysis, Externalities…
Students analyze documents, create a school-funding graphic organizer, and write an email to their state representative with their plan to...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Role of Government
Grades 6-8, 9-12
In this economics lesson, students will design and advertise shoes to learn product differentiation and advertising in markets.
Key Concepts: Advertising, Market Structures, Monopolistic Competition