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Traditional Economies and the Inuit The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the... Grade: 9-12    Published: 01/12/2010

Marketplace: The Trouble with Truffles In this lesson students listen to an audio file about the scarcity of French truffles in 2004; the file explains how this scarcity affected French buy... Grade: 6-8 9-12    Published: 07/30/2008

Rationing Transplants: An Ethical Problem Recently Walter Payton, former Chicago Bears running back, announced that he has a rare form of liver disease and is awaiting a transplant. How do ho... Grade: 9-12    Published: 02/19/1999

Marketplace: Iraq's Supply and Demand In this lesson, students listen to an audio file about how the growing demand for workers in Iraq in May 2004 affected the job market, and how the eff... Grade: 9-12    Published: 07/30/2008

Marketplace: Price Increase or Price-Gouging? Students learn about price-gouging. Using a hypothetical post-disaster example, they will learn more about supply and demand, as well as the complexit... Grade: 9-12    Published: 06/23/2008

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Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 0 of the 45 lessons are related to this lesson. They are listed below. 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 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 1: Lesson 3 - Economic Magic: Creating Something from Nothing Students participate in a small-group survival activity designed to illustrate the basic economic decisions people in every economy must address. They must decide which resources are scarce and they ... 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. Unit 4: Lesson 20 - Why Helping Yourself Helps Others Students examine and discuss visuals to identify an economic mystery regarding greed and self-interest. They use economic reasoning to analyze the mystery and reach a tentative explanation.

Choices & 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 1: Lesson 1 - Making Choices Students are introduced to the nature of choice making by confronting thorny problems individually and in groups. Unit 2: Lesson 10 - What Do Want Ads Mean? Through an analysis of help-wanted ads, students explore ways in which they can develop transferable skills and examine entry-level job skill requirements. 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 3 - Choices: Benefits and Costs In a family-type role-playing, students decided what to do with a $500 windfall.

Economics 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 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 7 - A Market in Wheat Students participate as buyers or sellers in a simulation that shows how a competitive market works. They determine individual profits or losses from market transactions. They use data from the simula...

Focus: High School Economics Grade: 9-12   Published: 2001 4 of the 21 lessons are related to this lesson. They are listed below. Lesson 5: Markets Interact Supply and demand analysis is most often used to show the impact of market changes on equilibrium price and quantity for a particular good or service. But it can also be used to show how changes in o... 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 6: Price Controls -- Too High or Too Low Sometimes governments interfere with market forces by establishing minimum prices or maximum prices for specific goods and services. Examples of such legal price controls include minimum prices for m... Lesson 3: A Classroom Market for Crude Oil Every day in communities all around the nation, decisions are made on what goods and services will be produced, how many will be produced and purchased, and at what prices. How are these decisions ma...

Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 1 of the 6 lessons are related to this lesson. It is listed below. 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...

Mathematics & 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 5: The Gains From Trade This lesson is an application of the supply and demand tools developed in lessons 1-4. In the earlier lessons, models of supply and demand were introduced to show students how (equilibrium) prices are... Lesson 4: Understanding the Mathematics of Changes in Supply and Demand This lesson asks students to look at the factors that cause a change in supply and/or a change in demand. Many factors influence the amount of a product that people are willing and able to purchase at...