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Marketplace: School Competition In June 2002, the Supreme Court ruled that Cleveland's system of giving students vouchers to attend private or religious schools did not violate the c... Grade: 9-12    Published: 07/15/2008

The Five Stages of Investing The practice of saving and investing is definitely a good thing, but there are many ways to save and invest. In thinking about the options, it is imp... Grade: 9-12    Published: 01/30/2008

Satisfaction Please! (Part I) Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to complain when there is a genuine proble... Grade: 9-12    Published: 11/04/2005

Break a Leg In this lesson students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the v... Grade: 9-12    Published: 05/23/2005

The South's Decision to Secede: A Violation of Self Interest? Your students will consider the following questions: In deciding to secede from the Union in 1861, did the South violate its own self-interest and th... Grade: 6-8 9-12    Published: 04/08/2005

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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 4: Lesson 20 - Why Helping Yourself Helps Others Students examine and discuss visuals to identify an economic mystery regarding greed and self-interest. They use economic reasoning to analyze the mystery and reach a tentative explanation. Unit 3: Lesson 18 - Credit Management This lesson is designed to help students make good consumer-credit decisions. Although using credit is beneficial at times, it often carries higher costs than many people realize. This lesson discus... Unit 5: Lesson 24 - Government and the Environment Students examine and discuss visuals to identify an economic mystery regarding the failure of the Endangered Species Act. They are introduced to the concepts of market failure and government failure.... Unit 4: Lesson 21 - Productivity, Diminishing Marginal Returns, and the Demand for Labor Students produce greeting cards with a fixed number of scissors and markers, and a variable number of workers. They discuss factors affecting workers productivity and the law of diminishing marginal ... Unit 4: Lesson 23 - Make a Profit: Do the Math Working as consultant teams, students use basic math to compute fixed costs, total costs, marginal costs, total revenues, marginal revenues, and profits (or losses) for a business. They determine the...

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 6 - The Economic Way of Thinking: Three Activities to Demonstrate Marginal Analysis This lesson consists of three activities that demonstrate different applications of marginal analysis. You may use the activities separately or do them together in one class period. In the first activ... 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 1 - Why People Trade Students participate in a trading simulation and use this experience to discover the benefits of free trade. In a class discussion, they relate the simulation to concepts of regional versus universal... 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 15 - Planning for Action: A Contract with Myself Students make commitments to themselves by developing action plans after setting goals. Unit 3: Lesson 14 - A Preferred Future: Images of Potential Students are asked to think about a five-year future and to develop images of potential. 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 3: Lesson 11 - My Personal Timeline In preparation for thinking about a preferred future, students create their personal timelines. 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 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 1: Lesson 3 - Decision Making In this lesson, students learn that we must make decisions because resources are limited and wants are unlimited. Students see that sound decision making involves identifying criteria and using those... Theme 4: Lesson 15 - Shopping for a Credit Card In 1999, 78 million households in the United States had a credit card, and Americans charged more than one trillion dollars on these cards. Many students believe that all credit cards are created equ... Theme 3: Lesson 8 - What's the Cost of Spending and Saving? This lesson examines the benefit and opportunity cost of spending and saving. Students use a chart to learn how compound interest makes savings grow. Compounding provides an incentive to save or inv... Theme 4: Lesson 11 - What Is Credit? Credit decisions are among the most important choices that young people will make. This lesson provides an overview of what credit is and some of the advantages and disadvantages of using credit. St...

Focus: High School Economics Grade: 9-12   Published: 2001 1 of the 21 lessons are related to this lesson. It is listed below. Lesson 15: Until the Last Unit Equals Marginalism is an important concept in both personal and social decision-making. Choices are rarely all-or-nothing propositions, but instead usually deal with incremental (marginal) changes -- giving... 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... Lesson 5: Markets Interact Supply and demand analysis is most often used to show the impact of market changes on equilibrium price and quantity for a particular good or service. But it can also be used to show how changes in o... Lesson 12: Third-Party Costs and Benefits If some of the costs or benefits entailed in either the production or consumption of a product "spill over" to people other than the producers and consumers of the product, and if the costs of collect... Lesson 11: Public Goods and Services Most goods and services produced in the marketplace are private goods and services. This kind of good or service is purchased by a consumer who desires it and can afford it, and then consumed only by...

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 12: Autonomics This lesson develops the idea of opportunity cost by examining the costs of owning and operating an automobile. Opportunity cost is the value of the next best alternative when a choice is made. Lesson 13: Tax Math People pay a variety of taxes. Among the different types of taxes that we pay are the federal income tax and the payroll tax. How these taxes are applied has interesting economic implications. The inc... Lesson 11: Cash or Annuity? Jackpot winners of state lotteries may have the choice of receiving their winnings in the form of cash or an annuity. An annuity is a financial instrument that provides income at regular intervals ove... Lesson 10: Powerball Economics In games of chance, such as a lottery, economists refer to a fair game as one in which the expected return from the game equals the amount that one must pay to play the game. If a lottery costs one do... Lesson 14: The Mathematics of Savings Because of interest compounding, establishing a commitment to personal savings early in one's professional career can yield large long-run benefits. This lesson looks at the mathematics that underlie ...

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 9 - How Are Economic Solutions to Pollution Different from Political Solutions? After students have developed an understanding of externalities, they examine a case study of pollution in Los Angeles and determine a variety of solutions for this problem. The costs and benefits of... Unit 1: Lesson 2 - Is Economic Freedom a Necessary Condition for Political Freedom? Students explore the relationship between economic freedom and political freedom. Do countries that provide for political freedom also provide for economic freedom? Is there a connection between dec... 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 3: Lesson 8 - To What Extent Do Economic Conditions Determine the Outcome of Presidential Elections? Students consider how economic performance is evaluated and are introduced to four major indicators of macroeconomic performance: growth rate of real income, unemployment rate, inflation rate, misery ... 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 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... Section 4: A Roof Over Your Head Participants will understand the benefits and drawbacks of homeownership. Participants will understand the process of buying a home, from before house-hunting to closing and occupancy. Participants ... 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 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...

Mathematics & Economics: Connections for Life - 6-8 Grade: 6-8   Published: 2002 2 of the 12 lessons are related to this lesson. They are listed below. Lesson 7 - Which Pet is Right for You? This lesson focuses on a topic that is at the heart of economics, that of decision making. Decision making from an economic perspective requires individuals to consider both the benefits and costs for... Lesson 6 - How Much is That Bike? This lesson demonstrates the utility of percentages in comparing fractions of unequal size; it also provides students with practice in using percent to calculate simple interest. Students are introduc...

Financial Fitness for Life: Shaping Up Your Financial Future - Grades 6-8 - Teacher Guide Grade: 6-8   Published: 2001 1 of the 17 lessons are related to this lesson. It is listed below. Theme 1: Lesson 2 - Consumer Decision Making In this lesson, the student learn that every decision involves alternatives. They practice using the PACED decision-making process.