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


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


Economic Sectors and International Development
Using poverty rate as a measure of development, students select countries five at a time to compare how resources are allocated to three economic s...
Grade: 9-12    Published: 06/02/2004


Buying a Car
Students will assume they are shopping to buy a car. They will select a model they feel best fits their needs and budget. Students will calculate the ...
Grade: 6-8 9-12    Published: 02/01/2001


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
1 of the 45 lessons are related to this lesson. It is listed below.


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 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 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 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. ...

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 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...
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 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 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
3 of the 14 lessons are related to this lesson. They are listed below.


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 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...
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...

Focus: High School EconomicsFocus: High School Economics
Grade: 9-12   Published: 2001
4 of the 21 lessons are related to this lesson. They are listed below.


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...
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 21: Economic Growth and Development
Economic growth is measured by a rise in real (inflation-adjusted) gross domestic product (GDP) over time. When a nation's production of goods and services rises faster than its population, real GDP ...
Lesson 18: Economic Ups and Downs
News reports about the economy often refer to data concerning economic growth, recessions, inflation, and unemployment. Students (and adults) should understand these data and how they both reflect an...

Civics and Government: Focus on EconomicsCivics 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 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...
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 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...

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
4 of the 22 lessons are related to this lesson. They are listed below.


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 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 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...

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


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 1: Lesson 1 - Making Choices
Students are introduced to the nature of choice making by confronting thorny problems individually and in groups.

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


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 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.

 

 
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