Related Online Lessons

You Can BANK on This! (Part 3) Building on the first two lessons in the series, this lesson deals with savings and interest. Grade: 3-5    Published: 07/25/2005

Incentives Influence Us! Students will learn that people respond predictably to positive incentives (rewards) and negative incentives (penalties). They will identify incent... Grade: 3-5    Published: 07/28/2003

Economic Incentives in Our Community Synopsis: Students will identify positive and negative economic incentives used in their communities to encourage people to make CHOICES beneficial... Grade: 3-5    Published: 05/16/2003

What Are Incentives? Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home and in schoo... Grade: K-2 3-5    Published: 01/03/2003

The Little Red Hen The Little Red Hen is a classic story for nearly all adults, and many children. Here it is retold and enhanced in order to provide a framework for ... Grade: K-2 3-5    Published: 01/20/2003

Related Print Lessons

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6   Published: 2001 7 of the 15 lessons are related to this lesson. The top 5 are listed below. Unit 2: Lesson 5 - How Can I Improve My Ability to Produce What People Want? Students read about the life and career decisions of Philip Simmons, a blacksmith and artist from Charleston, South Carolina. They analyze the skills and knowledge Mr. Simmons used to make different... Unit 2: Lesson 4 - How Can I Make Decisions About My Future? In the mid-1700s thousands of Europeans traveled to North America seeking adventure, freedom, and economic opportunity. The risk of deciding to travel across the Atlantic Ocean in a wooden ship was g... Unit 5: Lesson 14 - How Can I Overcome Obstacles to Achieve My Goals? Students play The Road to Success game. While playing the game, they identify obstacles and ways to overcome obstacles to achieve a goal. They identify the incentives they respond to when they make ... Unit 5: Lesson 15 - What Results When People Set Goals and Plan to Achieve Their Goals? Students read biographies of leaders, inventors, entrepreneurs, or workers to identify the character traits of successful persons. They identify the personal characteristics and human capital the suc... Unit 3: Lesson 9 - What Results When People Use Improved Physical Capital Resources? Students learn that using technologies increase production during a business simulation.

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 9 of the 45 lessons are related to this lesson. The top 5 are listed below. Unit 1: Lesson 5 - Rules Influence Economic Behavior The lesson begins with a demonstration of how rules and incentives influence students' behavior in the classroom. Then students apply the same analysis to behavior in the larger economy. (WARNING: ... 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. 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 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 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....

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide Grade: 3-5   Published: 2001 3 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... Theme 2: Lesson 4 - The Grasshopper and the Ant In this lesson, children use an adaptation of Aesop's fable, "The Grasshopper and the Ant," to learn about the trade-off between satisfying wants today and planning for the future. Children use the f...

Exploring the Marketplace: The Community Publishing Company - Teacher Resource Manual Grade: 3-4   Published: 1989 5 of the 35 lessons are related to this lesson. They are listed below. Lesson 21: Resources for the Publishing Company In this lesson, you and your class begin to make decisions about the kid of book you will produce. The class also speculates on the resources necessary to produce the book and the cost of the resourc... Lesson 8: Mini-Mall Students participate in a market simulation. They assume the roles of consumers and producers as they buy and sell goods and/or services in the marketplace. Lesson 9: Visiting a Business A study trip can enhance the learning value of this unit by providing students with an opportunity to observe a business. When planning the trip, try to select a business such as a bookstore; a shop ... Lesson 10: The Pencil Choice In this lesson the students assume the role of consumers and choose among three pencils. They discuss wants, acceptable substitutes, and other factors that influence consumer decisions such as price,... Lesson 32: Choice Making Once the books have been sold, the class decides what to do with the money left over (if any) after paying back the loan or credit and any other expenses incurred in the business. The teacher emphasi...

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 2 of the 18 lessons are related to this lesson. They are listed below. Unit 1: Lesson 4 - Choice In this lesson, students should recognize that they have the power to choose and that they do make many choices. Many people feel powerless because they think they don't make choices. Unit 4: Lesson 16 - Entrepreneurs and the Interdependence of Buyers and Sellers People often think of themselves as consumers, but not as producers. In this lesson, students will meet business owners, managers, and entrepreneurs so that they can identify with them and perhaps as...

Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12   Published: 2003 1 of the 14 lessons are related to this lesson. It is 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...