Related Online Lessons

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

Q T Pi Fashions - Learning About Credit Card Use Credit cards are convenient, user friendly, and at times dangerous. In this lesson students learn the joys and dangers of using credit as they help... Grade: 6-8 9-12    Published: 11/13/2002

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

Capital Investments: Human v. Physical In this lesson you will define human capital and understand why it is necessary for economic growth. Also, you will explore how people can increase th... Grade: 9-12    Published: 12/21/2005

New Sense, Inc. vs. Fish 'Till U Drop or Coase Vs. Pigou Hot debate and arguments galore whirl around this question: "Which economic approach is the most efficient and fair to resolve utility issues sur... Grade: 9-12    Published: 08/05/2005

Related Print Lessons

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 6 of the 45 lessons are related to this lesson. The top 5 are listed below. 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 1: Lesson 1 - Economic Reasoning: Why Are We A Nation of Couch Potatoes? Students examine visuals to identify an economic mystery regarding exercise and diet. They use the Guide to Economic Reasoning to analyze the costs and benefits of decisions about diet and exercise. ... 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 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... Unit 1: Lesson 4 - To Choose or Not to Choose? That Is Not the Question Students make a decision after identifying the alternatives and their anticipated costs and benefits.

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 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 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 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...

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 9 of the 15 lessons are related to this lesson. The top 5 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 7: The Mathematics of Nonlinear Economic Shapes: The Production Possibilities Curve Because the resources (such as raw materials, minerals, energy, labor, equipment, machinery, etc.) that are used to produce goods and services are limited in their availability, we cannot have all tha... 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... 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...

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual Grade: 9-10   Published: 2002 8 of the 15 lessons are related to this lesson. The top 5 are listed below. Unit 1: Lesson 1 - Making Choices Students are introduced to the nature of choice making by confronting thorny problems individually and in groups. Unit 1: Lesson 2 - Choosing Among Alternatives Benefits and costs are defined and students use benefit/cost analysis to arrive at a group decision. 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. Unit 1: Lesson 3 - Choices: Benefits and Costs In a family-type role-playing, students decided what to do with a $500 windfall. Unit 3: Lesson 11 - My Personal Timeline In preparation for thinking about a preferred future, students create their personal timelines.

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide Grade: 9-12   Published: 2001 8 of the 22 lessons are related to this lesson. The top 5 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 4: Lesson 12 - Making Credit Choices Individuals face many credit choices. Students in this lesson act as financial advisors providing advice on when it may or may not be appropriate to use different forms of credit. Theme 4: Lesson 16 - Shopping for a Mortgage In this lesson, students use a computer loan calculator to determine the cost of a loan. This technique is particularly important for mortgage calculations. There are many loan calculators on the In...

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 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 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 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 9 - The Invention Convention Working in small groups, the students simulate firms creating and producing new products. Using budget guidelines, they must decide which inputs they will purchase. They calculate their costs of produ...

Civics and Government: Focus on Economics Grade: 9-12   Published: 1996 3 of the 16 lessons are related to this lesson. They 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 4: Lesson 15 - Why Would Governments Limit International Trade? In preparation for the lesson, students identify imported products which they and their families buy. On the first day of the lesson, the class discusses the benefits of specialization and trade amon... Unit 4: Lesson 16 - How Can Economic Sanctions Be Part of U.S. Foreign Policy? Students examine the data on U.S. imports, exports, and foreign aid, and explore how economic sanctions can be used to attain overall U.S. foreign policy goals. In small groups they do research to de...

Focus: High School Economics Grade: 9-12   Published: 2001 3 of the 21 lessons are related to this lesson. They are 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 1: Choice, Opportunity Costs, and Decisions Scarcity, choice, and cost are sometimes referred to as a basic trilogy of economics, because of the strong interrelationships between these fundamental concepts. Resources are limited, compared to w... Lesson 2: Broad Social Goals of an Economic System All economic systems strive to achieve a set of broad social goals, including economic efficiency, equity, freedom, growth, security, and stability. How these goals are prioritized, and how successfu...