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Lesson 1: Opportunity Cost
…ways to distribute goods and services (by prices, command, majority rule, contests, force, first-come-first-served, sharing equally, lottery, personal characteristics, and others), and there are advantages and disadvantages to each. Scarcity…
Activity 1: Property Rights and U.S. History – Jamestown Simulation
…of farmland, which he was allowed to cultivate. The Virginia Company could compel labor from the settlers for only one month a year, and that month could not be during…
Lesson 6: Would You Swim There?
Activity: Marginal Analysis – Would You Swim There? Download Activity 6 Teacher Guide, Handouts, Visuals (.doc file) In the “Would You Swim There?” simulation, students play the roles of community…
Introduction to The Economics of Disasters
…Hurricane Katrina, 2005 Lesson 4: When Disaster Strikes, What Can We Do? incentives comparative advantage competition money Federal Reserve system San Francisco Earthquake & Fire, 1906 Asian Tsunami, 2004 Hurricane…
A Pollution Solution
…company B, a third of the students forming company C. So for a class of 30 you would have 3 towns – each town with a company A, B and…
Lesson 7: The Future of Water – Crisis or Cooperation?
Activity: The Pearl River – Water In or Water Out? Download Lesson 7 Activity: Teacher Guide, Handouts, Visuals (.doc file) Concepts: Scarcity, choices and opportunity cost Cooperation through markets Property…
Economics for Leaders
A selective summer program that teaches student leaders to integrate economics into decision-making
Residential Teacher Programs
To fulfill the Foundation for Teaching Economics’ mission to promote excellence in economic education by helping teachers become more effective educators, FTE offers different professional development opportunities to teachers. These…
Entrepreneurship in the Global Economy
The world is filled with big ideas. Businesses built on big ideas, however, are far more scarce. For entrepreneurs to turn their big idea into a thriving business, they need…
Economics for Leaders Virtual
Through a combination of engaging lectures, group activities, and real-world applications, students will explore key economic concepts and develop leadership competencies.