Related Online Lessons

Focus on Economic Data: U.S. Employment and the Unemployment Rate - December, 2007 The lesson summarizes the content of the January 4, 2008, U.S. Department of Labor, Bureau of Labor Statistics, announcement of the unemployment rate ... Grade: 9-12    Published: 03/05/2008

Why does Brett Favre make $8.5 million per year? What determines a person's salary? Why do professional athletes make so much money? People who work as firefighters, police officers or teachers are ... Grade: 9-12    Published: 06/06/2006

The Economics of Income: The Rich Nations Mystery Why are some countries very wealthy and others so poor? In this lesson you will learn about the factors that contribute to a nation's standard of l... Grade: 9-12    Published: 09/15/2000

Focus on Economic Data: U.S. Employment and the Unemployment Rate, October 3, 2008 The lesson summarizes the content of the October 3, 2008, U.S. Department of Labor, Bureau of Labor Statistics, announcement of the unemployment rate ... Grade: 9-12    Published: 12/02/2008

Focus on Economic Data: United States International Trade in Goods and Services - December 23, 2003 Real gross domestic product (GDP) during the third quarter (July through September) of 2003 increased at an annual rate of 8.2 percent. Grade: 9-12    Published: 12/23/2003

Related Print Lessons

Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 2 of the 6 lessons are related to this lesson. They are listed below. Section 1: Income and Choices Participants will understand the importance of spending less than they receive. Participants will understand how competition based on productivity determines the wages and salaries that people receiv... 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 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...

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 2 of the 15 lessons are related to this lesson. They are listed below. Lesson 7: The Mathematics of Nonlinear Economic Shapes: The Production Possibilities Curve Because the resources (such as raw materials, minerals, energy, labor, equipment, machinery, etc.) that are used to produce goods and services are limited in their availability, we cannot have all tha... 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.

Focus: High School Economics Grade: 9-12   Published: 2001 2 of the 21 lessons are related to this lesson. They are listed below. Lesson 1: Choice, Opportunity Costs, and Decisions Scarcity, choice, and cost are sometimes referred to as a basic trilogy of economics, because of the strong interrelationships between these fundamental concepts. Resources are limited, compared to w... 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...

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...

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 3 of the 45 lessons are related to this lesson. They are listed below. 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 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 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....

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual Grade: 9-10   Published: 2002 1 of the 15 lessons are related to this lesson. It is 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.

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 6 - How Can Changes in the Federal Government's Budget Stabilize the Economy? The teacher discusses with the class how a market economy like that of the United States goes through the Business Cycle of unstable swings in economic activity. The students then write and perform a...