The Credit Card Mystery
Credit Cards are a risky business these days, especially for students and those holding multiple cards. Interest rates on credit card balances have al...
Grade: 9-12    Published: 11/20/2009


What causes inflation?
This lesson explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk about the good o...
Grade: 9-12    Published: 01/12/2006


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


Focus on Economic Data: U.S. Gross Domestic Product - November 30, 2005
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.
Grade: 9-12    Published: 11/30/2005


Focus on Economic Data: Gross Domestic Product - October 28, 2005
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.
Grade: 9-12    Published: 10/28/2005


Related Print Lessons


The following lessons come from the Council for Economic Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information.

Capstone: Exemplary Lessons for High School Economics - Teacher's GuideCapstone: 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 2: Lesson 11 - Do Prices Matter to Consumers?
This lesson demonstrates how people use prices when they weight expected costs and expected benefits in making economic decisions. It helps students see how choosing a second-best good or service can...
Unit 2: Lesson 12 - How Do Prices Influence My Behavior? Price Elasticity
Students review consumer and producer behavior in light of changing prices. They predict consumers' and producers' responses to changes in prices, product characteristics, costs of production, time a...
Unit 2: Lesson 7 - A Silver Market
Students participate in a simulation activity that shows how a competitive market works. Although most markets for goods and services are not as competitive as the silver commodity market, the exampl...
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 2: Lesson 6 - Why Did Communism Collapse?
Students examine and discuss visuals to solve an economic mystery regarding the command system of the Soviet Union.

Your Credit Counts Challenge: Trainer's GuideYour Credit Counts Challenge: Trainer's Guide
Grade: 7-adult   Published: 2004
4 of the 6 lessons are related to this lesson. They are listed below.


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...
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 ...

Economics in Action: 14 Greatest Hits for Teaching High School EconomicsEconomics in Action: 14 Greatest Hits for Teaching High School Economics
Grade: 9-12   Published: 2003
5 of the 14 lessons are related to this lesson. They are listed below.


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 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 12 - Fiscal Policy: A Two-Act Play
Groups of students are given outlines for one of two acts in a play describing either expansionary or contractionary fiscal policy. After the students choose parts and prepare lines for their roles, t...
Lesson 5 - The Role of Government In a Market Economy
Students brainstorm suggestions about which functions government should perform in a market economy and compare their suggestions with categories economists frequently use. They participate in a quiz ...
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...

Civics and Government: Focus on EconomicsCivics and Government: Focus on Economics
Grade: 9-12   Published: 1996
5 of the 16 lessons are related to this lesson. They are listed below.


Unit 3: Lesson 10 - Why Does the Federal Government Give Money to State and Local Governments?
The class discusses the meaning of spillover benefits (positive externalities) and develops a list of goods and services provided by state or local governments that could result in positive externalit...
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 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 1: Lesson 1 - How Has the Constitution Shaped the Economic System in the United States?
Students provide their own examples of the six characteristics of a market economy as they exist in the United States today. Then they see how the U.S. Constitution supports those characteristics by ...
Unit 4: Lesson 14 - Do Economic Forces Lead Immigrants to the United States?
Students individually or in groups interview a recent adult immigrant to the United States, identifying his or her reasons for leaving the home nation and the reasons for coming to the U.S. The class ...

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource ManualChoices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual
Grade: 9-10   Published: 2002
4 of the 15 lessons are related to this lesson. They are listed below.


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 5 - Which Job Would You Choose?
Given several job alternatives, students explore positive and negative incentives.
Unit 1: Lesson 4 - What Influences Choices?
Given a hypothetical situation, students explore positive and negative incentives of making specific choices.
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.

Mathematics & Economics: Connections for Life - 9-12Mathematics & Economics: Connections for Life - 9-12
Grade: 9-12   Published: 2001
3 of the 15 lessons are related to this lesson. They are listed below.


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 15: The Mathematics of Credit Card Interest and Fixed Payments
It is common for a high school student to receive multiple invitations to enroll for a credit card. In fact, an increasing number of high school students even carry credit cards. One goal of this less...
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 ...

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher GuideFinancial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide
Grade: 9-12   Published: 2001
3 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 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...
Theme 4: Lesson 14 - All About Interest
In order to compare the cost of different loans, students must understand finance charges and interest rates. In this lesson, the students learn how to compute finance charges, how to differentiate b...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher GuideFinancial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide
Grade: 3-5   Published: 2001
2 of the 16 lessons are related to this lesson. They are listed below.


Theme 2: Lesson 5 - Why? How? Where?
This lesson provides some practical activities to extend students' understanding about how to make saving choices. Children set a goal, determine a strategy for saving, and decide how they will save ...
Theme 3: Lesson 13 - Buddy, Can You Spare a Dime?
In this lesson, students role-play how they would respond to various lending situations and analyze how to make better decisions about lending. By assuming the role of lender, students will analyze t...

 

 
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