Related Online Lessons

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

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

Inventive Incentive There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are known as “incentives.” Grade: 3-5    Published: 07/31/2002

The Best Deal Students will learn how to determine 'price per unit' to help make decisions when comparing products. Grade: 3-5 6-8    Published: 02/04/2004

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 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 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 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 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 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 ...

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 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 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 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 3: Lesson 15 - Why Do Some People Earn More Than Others? Students examine and discuss visuals to identify an economic mystery regarding differences in income. They use the Guide to Economic Reasoning to analyze the problem and reach a tentative solution.

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 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... 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...

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 3 of the 18 lessons are related to this lesson. They are listed below. Unit 1: Lesson 6 - Decision Making Students will learn that making decisions without thinking them through and collecting sufficient information can learn to consequences they did not anticipate. They will learn to find out about othe... 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...

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 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 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 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 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...

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...