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Creating Teachable Moments: Economic Content in the Environmental Context

Economic Concepts Environmental Context Incentives Resource Economic Reasoning Scarcity Rational Choice Cost Cost/Benefit Analysis Trade-Off Activity Download Download handout: “Ignoring Pleas of Environmentalists, Kansas Man Digs Up Virgin Prairie” (Microsoft…

Lesson 5: Labor Markets

Download EFL Lesson 5 Guide Download EFL Lesson 5 Slides Introduction The focus of this lesson is on the choices made by buyers and sellers of labor services, and the…

Lesson 6: Incentives, Innovations, and Roles of Institutions

Download EFL Lesson 6 Guide Download Lesson 6 Slides Introduction This lesson uses examples, video clips and a risk-reward mini activity to teach the relationship between innovation and economic growth….

Lesson 7: Property Rights: Is the Environment Different?

…is feasible, common and collective ownership arrangements can avoid the tragedy of the commons. Community run fisheries in the coastal waters off New England and Newfoundland, for example, have effectively…

Lesson 8: Setting the Rules: Costs and Benefits of Government Action

Download EFL Lesson 8 Guide Download EFL Lesson 8 Slides Introduction This lesson gives students the opportunity to apply the economic way of thinking to the political arena. After exploring…

Lesson 10: International Markets

Download EFL Lesson 10 Guide Download EFL Lesson 10 Slides Introduction In this lesson students apply the model of supply and demand to international markets for goods and services and…

Lesson 2 Activity: The Market for Thingamajigs – Price Gouging?

download Market for Thingamajigs activity guide, including handouts download pdf version of game handouts Introduction: Understanding how markets work and the role of prices within markets is an important key…

Issues of International Trade Featured Image

Lesson 5 Activity: Trash

Activity: Trash Download Trash Activity: Teacher Guide, Handouts, Visuals (.doc file) Lesson Overview In this role play, students consider the costs and benefits to both the sellers and the buyers…

Foreign Currencies and Foreign Exchange

…the daily newspaper or look up the daily rates on the Internet at CNN Financial online (http.//www.cnnfn.com/markets/currencies.htm.) 5. Ask students how the value of riyals to bucks was determined in…

Lesson 5: Are Disasters “A Disaster” for Lesson Planning?

…Incentives Competition: “market-like” atmosphere Specialization and comparative advantage What competition does this non-profit face? Is there evidence that the non-profit is aware that it faces competition? Is there evidence that…