Related Online Lessons

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

Marketplace: Doing Business in Afghanistan In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss t... Grade: 6-8 9-12    Published: 02/26/2009

Break a Leg In this lesson students will learn about the basic components and terminology of individual health insurance. Students will make decisions about the v... Grade: 9-12    Published: 05/23/2005

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

Business Ownership: The Franchise Option Students explore an alternative to starting a business from scratch – investing in a franchise. They begin by considering the pros and cons ... Grade: 9-12    Published: 04/21/2004

Related Print Lessons

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 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 3: Lesson 18 - Credit Management This lesson is designed to help students make good consumer-credit decisions. Although using credit is beneficial at times, it often carries higher costs than many people realize. This lesson discus... Unit 3: Lesson 17 - Creating and Using a Budget This lesson focuses on using budgeting to maximize consumer satisfaction. It describes a flexible view of budgets, linking them to markets and market information, and demonstrates how and why budgets... 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 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. ...

Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 4 of the 6 lessons are related to this lesson. They are listed below. Section 5: Strategies for Wealth Building Participants will understand the concept of net wealth and how the decisions they make can cause their own net wealth to increase or decrease. Participants will explain why an early start in saving a... Section 4: A Roof Over Your Head Participants will understand the benefits and drawbacks of homeownership. Participants will understand the process of buying a home, from before house-hunting to closing and occupancy. Participants ... Section 6: The Basics of a Market Economy Participants will identify the characteristics of people who build wealth. Participants will recognize the primary features of a market economy including voluntary exchange, private ownership, a pric... Section 3: Managing Credit Participants will identify the advantages and disadvantages of using credit. Participants will recognize what credit is, what it costs, and the basic steps involved in obtaining credit. Participants...

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 9 of the 15 lessons are related to this lesson. The top 5 are listed below. Lesson 10: Powerball Economics In games of chance, such as a lottery, economists refer to a fair game as one in which the expected return from the game equals the amount that one must pay to play the game. If a lottery costs one do... Lesson 8: The Mathematics of Nonlinear Economic Shapes: The Cubic Cost Function Careful control of total cost is essential for a firm if it wishes to maximize profits. While many firm managers prefer to concentrate on the more glamorous activity of marketing and selling the compa... 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... Lesson 9: Profit Mathematics Most businesses in a market economy try to maximize profits. Economic profits are the difference between total revenue (the value of total sales for the business) and total cost (how much it costs the... Lesson 12: Autonomics This lesson develops the idea of opportunity cost by examining the costs of owning and operating an automobile. Opportunity cost is the value of the next best alternative when a choice is made.

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual Grade: 9-10   Published: 2002 8 of the 15 lessons are related to this lesson. The top 5 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 9 - What Employers Want In a job interview role-playing activity, students learn about criteria employers use in deciding to hire employees. 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 3: Lesson 13 - My Human Capital: A Job Application Following a study of two realistic dilemmas, students complete a resume and assess their own qualifications for actual jobs.

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide Grade: 9-12   Published: 2001 8 of the 22 lessons are related to this lesson. The top 5 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... Theme 4: Lesson 12 - Making Credit Choices Individuals face many credit choices. Students in this lesson act as financial advisors providing advice on when it may or may not be appropriate to use different forms of credit. Theme 3: Lesson 8 - What's the Cost of Spending and Saving? This lesson examines the benefit and opportunity cost of spending and saving. Students use a chart to learn how compound interest makes savings grow. Compounding provides an incentive to save or inv... Theme 4: Lesson 17 - Shopping for an Auto Loan Consumers must shop for credit just as they do for a car or a computer. In this lesson, students learn the skills they need to shop for credit by filling out a credit comparison chart for a hypotheti...

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 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... Lesson 6 - The Economic Way of Thinking: Three Activities to Demonstrate Marginal Analysis This lesson consists of three activities that demonstrate different applications of marginal analysis. You may use the activities separately or do them together in one class period. In the first activ...

Focus: High School Economics Grade: 9-12   Published: 2001 2 of the 21 lessons are related to this lesson. They are listed below. Lesson 15: Until the Last Unit Equals Marginalism is an important concept in both personal and social decision-making. Choices are rarely all-or-nothing propositions, but instead usually deal with incremental (marginal) changes -- giving... 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...

Mathematics & Economics: Connections for Life - 6-8 Grade: 6-8   Published: 2002 1 of the 12 lessons are related to this lesson. It is 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...

Civics and Government: Focus on Economics Grade: 9-12   Published: 1996 1 of the 16 lessons are related to this lesson. It is listed below. Unit 3: Lesson 9 - How Are Economic Solutions to Pollution Different from Political Solutions? After students have developed an understanding of externalities, they examine a case study of pollution in Los Angeles and determine a variety of solutions for this problem. The costs and benefits of...