Related Online Lessons

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

The Price We Pay for Health: US and Canada Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the... Grade: 9-12    Published: 03/03/2004

Tapped Dry: How Do You Solve a Water Shortage? Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consi... Grade: 9-12    Published: 10/04/1999

Utility Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility. Grade: 9-12    Published: 08/18/2010

Related Print Lessons

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 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. 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.

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...

Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12   Published: 2003 2 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...

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 6 of the 45 lessons are related to this lesson. The top 5 are listed below. 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. 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 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 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....