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Graphing a Lorenz Curve and Calculating the Gini Coefficient In this lesson, students receive raw data to construct a Lorenz Curve and calculate the Gini Coefficient. This lesson prepares AP Microeconomics stude... Grade: 9-12    Published: 04/05/2010

Focus on Economic Data: U.S. Real GDP Growth, March 26, 2010 This lesson focuses on the March 26, 2010, third (final) estimate of U.S. real gross domestic product (real GDP) growth for the fourth quarter (Q4) of... Grade: 9-12    Published: 03/31/2010

Focus on Economic Data: Employment and the Unemployment Rate, February 5, 2010 This lesson examines the February 5, 2010, U.S. Department of Labor, Bureau of Labor Statistics, announcement of employment data and the unemployment ... Grade: 9-12    Published: 02/09/2010

Focus on Economic Data: U.S. Real GDP Growth, September 30, 2009 This lesson focuses on the September 30, 2009, third estimate of U.S. real gross domestic product (Real GDP) for the second quarter of 2009, reported ... Grade: 9-12    Published: 10/21/2009

Focus on Economic Data: U.S. Employment and the Unemployment Rate, May 8, 2009 This lesson examines the May 8, 2009, U.S. Department of Labor, Bureau of Labor Statistics, announcement of employment data and the unemployment rate ... Grade: 9-12    Published: 05/27/2009

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Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 5 of the 45 lessons are related to this lesson. They are listed below. Unit 3: Lesson 15 - Why Do Some People Earn More Than Others? Students examine and discuss visuals to identify an economic mystery regarding differences in income. They use the Guide to Economic Reasoning to analyze the problem and reach a tentative solution. Unit 3: Lesson 19 - Earning an Income Students examine the concept of income. They identify factors that generate in come, including entrepreneurial traits and changing conditions in labor markets. In learning how income is generated, s... Unit 6: Lesson 32 - The Effects of Inflation Students examine recent inflation rates in the United States and discuss the interpretation of inflation rates. They read about the inflation-related experiences of teachers in the former Soviet Unio... Unit 5: Lesson 30 - Poverty and Income Inequality Students take part in an activity that simulates the unequal distribution of income in the United States, based on U.S. Census data. They discuss how equal distribution of income would affect incenti... Unit 3: Lesson 17 - Creating and Using a Budget This lesson focuses on using budgeting to maximize consumer satisfaction. It describes a flexible view of budgets, linking them to markets and market information, and demonstrates how and why budgets...

Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12   Published: 2003 4 of the 14 lessons are related to this lesson. They are listed below. Lesson 8 - Productivity Working in small groups, the students participate in a production simulation to determine the effects of specialization on labor productivity, the division of labor, and investment in human capital an... Lesson 2 - Economic Decision Making Students brainstorm ways to allocate a scarce good within the classroom. Then they work with a decision-making model that helps them make a decision about this allocation by showing them how to evalu... Lesson 3 - Using Economic Reasoning To Solve Mysteries Students ponder an economic mystery: Why do professional athletes, many of whom never finish college, earn far higher salaries than people who perform worthy services such as teachers and firefighter... Lesson 4 - Property Rights in a Market Economy Students discuss private property, free enterprise, self-interest, competition, a system of markets and prices, and limited government as characteristics of market economies. They participate in or o... Lesson 11 - Money and Inflation Students observe a simple demonstration to determine the functions that money performs. They next participate in two rounds of an auction illustrating how increases in the money supply lead to inflati...

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual Grade: 9-10   Published: 2002 5 of the 15 lessons are related to this lesson. They are listed below. Unit 3: Lesson 13 - My Human Capital: A Job Application Following a study of two realistic dilemmas, students complete a resume and assess their own qualifications for actual jobs. Unit 2: Lesson 10 - What Do Want Ads Mean? Through an analysis of help-wanted ads, students explore ways in which they can develop transferable skills and examine entry-level job skill requirements. Unit 3: Lesson 12 - Planning to Choose Through a case study and Internet search, students explore changes in the job market. They also explore changes in the job market. They also explore the nature of entrepreneurship. Unit 1: Lesson 5 - Which Job Would You Choose? Given several job alternatives, students explore positive and negative incentives. Unit 2: Lesson 9 - What Employers Want In a job interview role-playing activity, students learn about criteria employers use in deciding to hire employees.

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide Grade: 9-12   Published: 2001 2 of the 22 lessons are related to this lesson. They are listed below. Theme 1: Lesson 1 - How to Really Be a Millionaire This lesson is designed to get students interested in personal finance. Financial planning may seem dull and laborious, but finding out how to become a millionaire is an activity that tends to stir u... Theme 1: Lesson 2 - The Economic Way of Thinking Lesson 2 introduces students to the economic reasoning process or the "economic way of thinking." Students reason through two situations, using The Handy Dandy Guide, a primer on economic reasoning. Theme 2: Lesson 6 - Why Some Jobs Pay More Than Others Why do some people earn more income than others? This lesson explains what income is and focuses on how investments in human capital can contribute to increased income. The lesson culminates with an... Theme 2: Lesson 4 - Job Application Process Getting a job is fundamental to achieving economic success. Most people begin their work lives working for others. While obtaining a job can be a challenge, there are widely accepted practices in bu... Theme 5: Lesson 20 - Managing Your Money This lesson introduces some of the basics of money management. By means of a radio call-in show script, students learn about setting up a family budget and distinguishing between income and net worth...

Focus: High School Economics Grade: 9-12   Published: 2001 1 of the 21 lessons are related to this lesson. It is listed below. Lesson 10: Rich Man, Poor Man... The issue of income distribution has been controversial throughout history. Decisions about the distribution of income are made by individuals and firms making exchanges in the markets for productive... Lesson 16: The Circular Flow(s) The circular flow of economic activity is a simplified model of the basic economic relationships in a market economy. This model gives students an overview of how households, businesses, and the gove... Lesson 17: Saving, Investing, and the Invisible Hand This lesson explains how financial institutions in a market economy channel savings into economic investments. How much people save and how effectively those savings are transformed into good investm... Lesson 9: Learn More, Earn More Human capital refers to the knowledge, skills, and experience that people bring to the workplace. With education and training, people increase their human capital and improve their productivity, whic... Lesson 4: The Market Never Stands Still Prices of goods and services fluctuate as conditions that influence the behavior of buyers and sellers change. This lesson examines the major reasons for such changes in supply and demand, and the re...

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 5 of the 15 lessons are related to this lesson. They are listed below. Lesson 6: The Mathematics of Linear Economic Shapes: Slopes and Elasticities As was noted in Lessons 1 - 4, a demand curve is used to describe the willingness and ability of buyers to purchase various quantities of goods and services at alternative prices. The visual represent... Lesson 5: The Gains From Trade This lesson is an application of the supply and demand tools developed in lessons 1-4. In the earlier lessons, models of supply and demand were introduced to show students how (equilibrium) prices are... Lesson 2: The Nature of Supply This lesson develops the economic tool of supply. Supply is determined by the willingness and ability of producers to sell a product (a good or a service) at different prices. A supply curve is a grap... Lesson 9: Profit Mathematics Most businesses in a market economy try to maximize profits. Economic profits are the difference between total revenue (the value of total sales for the business) and total cost (how much it costs the... Lesson 8: The Mathematics of Nonlinear Economic Shapes: The Cubic Cost Function Careful control of total cost is essential for a firm if it wishes to maximize profits. While many firm managers prefer to concentrate on the more glamorous activity of marketing and selling the compa...

Civics and Government: Focus on Economics Grade: 9-12   Published: 1996 6 of the 16 lessons are related to this lesson. The top 5 are listed below. Unit 3: Lesson 12 - Why Isn't Income Distributed More Equally? On day one, students review a list of selected occupations and categorize them according to median income. They brainstorm a list of reasons for income differentials and then review a list of convent... Unit 3: Lesson 11 - What Can the Government Do About Unemployment? An understanding of the three types of unemployment and the various policies government can pursue to alleviate unemployment is developed. Students categorize examples of unemployed workers as struct... Unit 1: Lesson 3 - What are the Costs and Benefits of Voting? Students examine voter participation rates in the United States since 1952. Cost/benefit analysis is introduced to help explain voter participation rates. Students identify ways to reduce the costs ... Unit 2: Lesson 4 - What are the Economic Functions of Government? The six economic functions of government are presented to students. Students categorize a series of newspaper headlines as examples of each of the six functions and locate additional examples in curr... Unit 2: Lesson 5 - How Has Federal Government Spending Changed? They review the definitions of government purchases and transfer payments and categorize the listed expenditures. Finally, given Federal government budget data, they draw graphs of the relative impor...

Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 6 of the 6 lessons are related to this lesson. The top 5 are listed below. Section 1: Income and Choices Participants will understand the importance of spending less than they receive. Participants will understand how competition based on productivity determines the wages and salaries that people receiv... Section 2: Financial Institutions Participants identify the advantages and disadvantages of using financial services from alternative financial institutions and services from mainstream banks. Participants identify the services provi... Section 3: Managing Credit Participants will identify the advantages and disadvantages of using credit. Participants will recognize what credit is, what it costs, and the basic steps involved in obtaining credit. Participants... Section 6: The Basics of a Market Economy Participants will identify the characteristics of people who build wealth. Participants will recognize the primary features of a market economy including voluntary exchange, private ownership, a pric... Section 5: Strategies for Wealth Building Participants will understand the concept of net wealth and how the decisions they make can cause their own net wealth to increase or decrease. Participants will explain why an early start in saving a...

Mathematics & Economics: Connections for Life - 6-8 Grade: 6-8   Published: 2002 1 of the 12 lessons are related to this lesson. It is listed below. Lesson 9 - Deserted Island This lesson is designed to introduce students to the idea that not all skills are valued equally in the marketplace. The students will explore these differences using their mathematics skills to creat...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide Grade: 3-5   Published: 2001 1 of the 16 lessons are related to this lesson. It is listed below. Theme 4: Lesson 15 - It's a Balancing Act In this lesson, the students use manipulatives to learn about income, expenses (variable, fixed), and budgeting.