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Related Online Lessons
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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. | The Wide World of Trade Grade: 6-8 Published: 2003 1 of the 11 lessons are related to this lesson. It is 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 6: Trading Connections Students participate in a simulation to learn how trade benefits them as individuals and how trade benefits people in different regions and countries. Working in pairs, students learn about the major... Lesson 8: Something's in the Way The class is divided into two groups that participate in a simulation making two types of postcards. In the first round, each group specializes and then considers possible results from trading for th... Lesson 9: Why Restrict Trade? Students learn some things about steel and identify a variety of products that are produced with steel. They participate in an activity to help them analyze the costs and benefits of a tariff. Stude... Lesson 11: Why Are There Foreign Currency Markets? After listing some of their own buying and selling activities, students recognize that most people and families are both buyers and sellers who make exchanges in different kinds of markets. The relat...
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 | Choices & Changes: In Life, School, and Work - Grades 7-8 - Teacher's Resource Manual Grade: 7-8 Published: 2002 5 of the 15 lessons are related to this lesson. They are listed below. Unit 3: Lesson 11 - Choices Have Consequences In a paired writing activity, students identify potential actions and outcomes from brief life situations, and they learn that choices have consequences. Unit 2: Lesson 10 - Choices Make a Difference: Worker Interviews Students interview adults about their work and consumer choices. Unit 1: Lesson 4 - I am Part of the Economy Through case study and discussion, students explore the human capital needed in a job. In an extension activity involving use of the Internet, students are introduced to youth employment. 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.
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 | 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 12 - Charting a Budget In this lesson, students learn what a budget is. They construct a pie chart to show the distribution of expenses in a budget. They learn about payroll deductions and determine the impact that payroll ... Lesson 11 - Where Does the Price of Pizza Come From? Part 2 In this lesson students continue to examine where prices come from (see Lesson 10), applying the concepts of supply, demand, and equilibrium. Students will examine changes within a market for pizza ut... Lesson 9 - Deserted Island This lesson is designed to introduce students to the idea that not all skills are valued equally in the marketplace. The students will explore these differences using their mathematics skills to creat... Lesson 3 - Baby-sitting Wages and Movie Prices Through an analysis of data for baby-sitting wages (a price for labor) and the price of movie tickets since 1945, this lesson introduces the students to the idea that prices for goods, services, and r... Lesson 8 - Could You Earn a Million Dollars? This lesson is designed to acquaint students with the relationship between earnings and education. The data are very clear regarding one's earning potential and educational attainment. That is, the mo...
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 | Financial Fitness for Life: Shaping Up Your Financial Future - Grades 6-8 - Teacher Guide Grade: 6-8 Published: 2001 7 of the 17 lessons are related to this lesson. The top 5 are listed below. 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... Theme 3: Lesson 6 - Why Save? In this lesson, the students learn about saving and investing, and they consider the importance of setting short-term, medium-term, and long-term savings goals. They use math skills to solve problems... Theme 5: Lesson 16 - Choosing and Using a Checking Account Checking accounts offer a menu of features along with a menu of costs. In this lesson, the students learn the fundamentals of maintaining a checking account by examining electronic banking methods, c... Theme 5: Lesson 15 - Managing Cash Although most middle school and junior high students do not hold full-time jobs, they do have spending power. They may earn money from an allowance or a part-time job, and they have discretionary inc... Theme 2: Lesson 4 - Productivity In this lesson, the students examine ways to develop their human capital, that is, their value as a human resource. They discover that by developing their human capital, they make themselves more pro...
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 | Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6 Published: 2001 5 of the 15 lessons are related to this lesson. They are listed below. Unit 2: Lesson 5 - How Can I Improve My Ability to Produce What People Want? Students read about the life and career decisions of Philip Simmons, a blacksmith and artist from Charleston, South Carolina. They analyze the skills and knowledge Mr. Simmons used to make different... Unit 2: Lesson 4 - How Can I Make Decisions About My Future? In the mid-1700s thousands of Europeans traveled to North America seeking adventure, freedom, and economic opportunity. The risk of deciding to travel across the Atlantic Ocean in a wooden ship was g... Unit 1: Lesson 3 - What Results When People Improve Their Human Capital? Students read 1998 U.S. labor-market data, compare education and income levels, then graph and analyze the data. Unit 3: Lesson 8 - Can I Use Physical Capital to Produce More Things People Want? Groups of students form companies to produce five-pointed stars. Workers in the four companies use different combinations of physical capital in production. Students demonstrate ways in which using ... 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 ...
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 | Middle School World Geography: Focus on Economics Grade: 6-8 Published: 2004 9 of the 9 lessons are related to this lesson. The top 5 are listed below. Lesson 9 - The Cost of Ignoring Economics and Geography In this lesson, the students learn how geography affects the costs of achieving an environmental goal. They remodel the classroom using a map showing several companies located along a river. They part... 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 4 - Why Do People Move? In this lesson, the students learn that costs and benefits influence people's decisions about moving. The students review U.S. Census data to discuss possible reasons why people move. They analyze the... Lesson 3 - Economics and Population Demographics In this lesson, the students use data and graphs to analyze and compare the populations and standards of living for different countries. The students begin by building a population pyramid of the chil... Lesson 6 - Joining Together That Which Has Drifted Apart In this lesson, the students learn about the physical forces that move people on different continents further apart and the economic forces that bring them together. They read about the formation and ...
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