"Should You Learn to Fly"
Students will define opportunity cost and with this in mind students will list various career choices and salaries and calculate future value of mo...
Grade: 6-8 9-12    Published: 03/11/2002


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


Henry Ford and the Model T: A Case Study in Productivity (Part 2)
When Henry Ford announced he was going to produce an automobile that would be affordable to the masses, he probably did not realize what a great impac...
Grade: 6-8 9-12    Published: 01/05/2007


Why does Brett Favre make $8.5 million per year?
What determines a person's salary? Why do professional athletes make so much money? People who work as firefighters, police officers or teachers are ...
Grade: 9-12    Published: 06/06/2006


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


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.

Your Credit Counts Challenge: Trainer's GuideYour 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 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 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...

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
3 of the 15 lessons are related to this lesson. They are listed below.


Unit 1: Lesson 5 - Which Job Would You Choose?
Given several job alternatives, students explore positive and negative incentives.
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 9 - What Employers Want
In a job interview role-playing activity, students learn about criteria employers use in deciding to hire employees.

Capstone: Exemplary Lessons for High School Economics - Teacher's GuideCapstone: Exemplary Lessons for High School Economics - Teacher's Guide
Grade: 9-12   Published: 2003
8 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 7: Lesson 44 - World Environmental Issues: Is the Market at Fault?
Students study for short case studies. They identify similarities and differences across these five case studies. After noting this information, they assess several environmental policy solutions. ...
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 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 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...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource ManualChoices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual
Grade: 5-6   Published: 2001
2 of the 15 lessons are related to this lesson. They are listed below.


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 4: Lesson 10 - What Are the Advantages of Working with Others to Produce?
Students read historical fiction set in 1855 in the Oregon Territory. The story illustrates the results of people working interdependently. The students identify ways in which the characters in the ...

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
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...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher GuideFinancial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide
Grade: K-2   Published: 2001
1 of the 16 lessons are related to this lesson. It is listed below.


Theme 1: Lesson 3 - What Is Money?
This lesson focuses on two types of money -- paper money and coins. The students identify money and its value (ability to buy things) while participating in a money-matching activity. The students g...

Civics and Government: Focus on EconomicsCivics and Government: Focus on Economics
Grade: 9-12   Published: 1996
1 of the 16 lessons are related to this lesson. It is 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...

 

 
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