Teaching the Ethical Foundations of Economics

Classroom Resources



  • Print

GRADES: 9-12


  • Business & Economics
  • General Economics


Teaching the Ethical Foundations of Economicscontains 10 lessons that reintroduce an ethical dimension to economics in the tradition of Adam Smith, who believed ethical considerations were central to life. Utilizing these innovative instructional materials your students will learn about the important role ethics and character play in a market economy and how, in turn, markets influence ethical behavior.

The lessons do more than illustrate how ethical conduct improves an economy. They actively involve the students through simulations, group decision making, problem solving, classroom demonstrations and role playing. The lessons encourage students to think critically about ethical dilemmas.

This publication was made possible by the generous support of the John Templeton Foundation.

This educator resource is no longer available in print; it is available on Virtual Economics 4.0.


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