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Work, Earnings and Economics: Using 'Lyddie' by Katherine Paterson To get started, the students will read Lyddie, a novel by Katherine Paterson. The novel is set mainly in Lowell, Massachusetts, in the 1840s. In Low... Grade: 6-8    Published: 09/13/2007

There is Something in the Water The United States is losing 60,000 acres of wetlands each year. Is this good or bad? Does anyone really want to live in swamps, fens, bogs, and mars... Grade: 6-8    Published: 01/04/2006

Sand Art Brownies In this lesson, you will learn about substitute goods. You will have choices to make in your role as a shopper. In making these choices, you will dec... Grade: 6-8    Published: 05/31/2005

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

Scarcity, Choice & Decisions The interrelated concepts of scarcity, choice, and costs form a basic economic trilogy. Since most families have financial resources far more limited ... Grade: 6-8 9-12    Published: 05/01/2002

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Middle School World Geography: Focus on Economics Grade: 6-8   Published: 2004 6 of the 9 lessons are related to this lesson. The top 5 are listed below. Lesson 8 - Ideas That Changed the World In this lesson, the students learn about productivity and its connection to the standard of living. They learn about inventions that changed the world. The students make predictions about recent inven... Lesson 7 - What a Difference a Tool Makes! In this lesson, the students use problemsolving skills to make decisions about using productive resources. The students observe a simple production activity that gradually requires the use of more and... Lesson 1 - What Are Productive Resources? In this lesson, the students become economic detectives and try to determine how economists categorize productive resources. Working in groups, the students sort cards into categories they create and ... Lesson 2 - How Much Depends on Where In this lesson, the students learn how the geography of a country can influence where goods are produced. The students use a map of a fictitious country to enhance their map skills. They derive geogra... Lesson 5 - Economic Freedom: How Important Is It? In this lesson, the students participate in activities that help them understand the correlation between economic freedom and a country's standard of living. First the students decide whether they agr...

The Wide World of Trade Grade: 6-8   Published: 2003 5 of the 11 lessons are related to this lesson. They are listed below. Lesson 7: Mutual (and Comparative) Advantages Using numerical examples and bar graphs, students see why it benefits two countries to specialize in the production of one of two products and then trade with each other, even if one country has the r... Lesson 1: There's Never Enough Working in groups that represent countries, students randomly draw cards from boxes labeled natural resources, human resources, and capital goods. The groups use their available resources to provide ... Lesson 2: Special Friends Pairs of students play the roles of two friends who have chores to complete before they can spend time together. Through trial-and-error, students discover the benefits of specialization and trade. ... Lesson 5: Mystery Almanac Working in groups, students participate in an activity to identify countries from around the world. Based on what they learn about these countries, students complete an Information Resources Chart. ... Lesson 3: Everyone Is Interdependent In this lesson, students learn about resources from around the world that are used in the production of a specific product -- Hershey's Kisses. Students then determine the identity of a mystery produ...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6   Published: 2001 6 of the 15 lessons are related to this lesson. The top 5 are listed below. Unit 1: Lesson 1 - What If I Do Not Have the Skills and Knowledge I Need to Produce? Teams of students use their limited knowledge to accomplish a challenging task. Most of the student teams will not be successful until they acquire the necessary knowledge. The students read one of ... Unit 3: Lesson 7 - Can I Produce Something People Want? Students use common objects to produce goods they think people will use to satisfy wants. They read a biography of inventor George Washington Carver, learning how Carver helped tenant farmers in the ... Unit 1: Lesson 2 - How Can I Improve My Human Capital? Students read about the experiences of Prince Henry the Navigator of Portugal 600 years ago. He organized a way to improve human capital, enabling him to accomplish his goals and enabling others to s... 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 13 - Why Should I Set Goals and Plan to Achieve My Goals? Students create lists of their personal goals and prioritize the goals on their lists. They identify the goals that will require development of their human capital. They identify ways in which they ...

Choices & Changes: In Life, School, and Work - Grades 7-8 - Teacher's Resource Manual Grade: 7-8   Published: 2002 4 of the 15 lessons are related to this lesson. They are listed below. Unit 1: Lesson 5 - Economic Choice and Opportunity Cost Through a reading, students learn how scarcity makes choices necessary and results in opportunity cost. Unit 2: Lesson 6 - Choices Have Benefits and Costs In a simulation, "What's in the Box?" students examine the benefits and costs of alternative choices. Unit 3: Lesson 12 - Long- and Short-Term Consequences With information from a guest speaker, students analyze the short- and long-term consequences of dropping out of, or graduating, from high school. Students conduct an Internet search to find and grap... Unit 2: Lesson 8 - Ways to Make Choices Students are introduced to six methods for making choices and decide in small groups the most appropriate way(s) to make certain choices.

Financial Fitness for Life: Shaping Up Your Financial Future - Grades 6-8 - Teacher Guide Grade: 6-8   Published: 2001 3 of the 17 lessons are related to this lesson. They are listed below. Theme 1: Lesson 1 - The Economic Way of Thinking In this lesson, the students practice the economic way of thinking, a strategy for analyzing their own decisions as well as those of others. Theme 1: Lesson 2 - Consumer Decision Making In this lesson, the student learn that every decision involves alternatives. They practice using the PACED decision-making process. Theme 2: Lesson 5 - Why Stay in School? In this lesson, the students are encouraged to weigh costs and benefits when making decisions about education. The students will recognize that, on average, the higher the educational attainment, the...

Mathematics & Economics: Connections for Life - 6-8 Grade: 6-8   Published: 2002 2 of the 12 lessons are related to this lesson. They are listed below. Lesson 7 - Which Pet is Right for You? This lesson focuses on a topic that is at the heart of economics, that of decision making. Decision making from an economic perspective requires individuals to consider both the benefits and costs for... Lesson 6 - How Much is That Bike? This lesson demonstrates the utility of percentages in comparing fractions of unequal size; it also provides students with practice in using percent to calculate simple interest. Students are introduc...

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide Grade: 9-12   Published: 2001 2 of the 22 lessons are related to this lesson. They are listed below. 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 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...

Financial 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 2: Lesson 4 - Money Lets Us Choose Students listen to a short story introducing the difficulty of making choices. They discuss and experience costs and benefits as they make a choice among alternatives, using a grid. The class makes ...