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


Focus on Economic Data: U.S. Consumer Price Index, October 16, 2008
This lesson focuses on the Consumer Price Index (CPI) and rate of inflation reported October 16, 2008, by the U.S. Bureau of Labor Statistics for the ...
Grade: 9-12    Published: 12/02/2008


Show Me the Money!
Students will investigate unforseen costs of car loans and/or house loans. They will then evaluate the economics of decision making, the ramificati...
Grade: 9-12    Published: 04/04/2003


It's a Matter of Power
Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum production i...
Grade: 9-12    Published: 06/29/2002


The Controversial School Voucher Issue
Recently, the concept and use of school vouchers has come to the forefront of political, societal, constitutional, and economical discourse. From F...
Grade: 9-12    Published: 12/08/2000


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.

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


Unit 1: Lesson 3 - Choices: Benefits and Costs
In a family-type role-playing, students decided what to do with a $500 windfall.
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
3 of the 15 lessons are related to this lesson. They are listed below.


Lesson 15: The Mathematics of Credit Card Interest and Fixed Payments
It is common for a high school student to receive multiple invitations to enroll for a credit card. In fact, an increasing number of high school students even carry credit cards. One goal of this less...
Lesson 14: The Mathematics of Savings
Because of interest compounding, establishing a commitment to personal savings early in one's professional career can yield large long-run benefits. This lesson looks at the mathematics that underlie ...
Lesson 11: Cash or Annuity?
Jackpot winners of state lotteries may have the choice of receiving their winnings in the form of cash or an annuity. An annuity is a financial instrument that provides income at regular intervals ove...

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
2 of the 14 lessons are related to this lesson. They are 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...
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...

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


Theme 4: Lesson 11 - What Is Credit?
Credit decisions are among the most important choices that young people will make. This lesson provides an overview of what credit is and some of the advantages and disadvantages of using credit. St...
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 14 - All About Interest
In order to compare the cost of different loans, students must understand finance charges and interest rates. In this lesson, the students learn how to compute finance charges, how to differentiate b...

Capstone: Exemplary Lessons for High School Economics - Teacher's GuideCapstone: 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 3: Lesson 16 - Making Choices About Saving and Investing
This lesson introduces the distinction between savings and the investment. It demonstrates how the price of money --the interest rate--is critical to making the right savings and investment choices. ...
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 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....
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.

 

 
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