Activity: Bag and Baggage
Economic Concepts Environmental Context Opportunity Cost Resource Use Scarcity Rational Choice Trade-Off Cost/Benefit Analysis Activity Download Download lesson outline and…
Lesson 1: The Fundamentals
Lesson Overview This lesson is designed to introduce and/or review a variety of economic concepts, all within the context of…
Activity: The Activity That Fails
Overview: This brief classroom activity can be used to informally assess students’ ability to apply the principles of economic reasoning…
Activity: Site Selection – A Land Use Simulation
Economic Concepts Environmental Context Opportunity Cost Using resources in one way requires giving up alternative uses Trade-off Choice Scarcity Cost/Benefit…
Lesson 1 Part 2 Activity: Will the Real Capitalism Please Stand Up?
Lesson Overview The traditional, “comparative systems” approach to categorizing national economies proves less than useful in a world of mixed…
Activity: Entrepreneurship Self-Assessement
In this lesson students will take a self-assessment about their Entrepreneurship characteristics and then participate in skill challenge stations as…
Activity: Destination Start Up
INTRODUCTION In this lesson students take on the role of entrepreneurs looking for a place to start their business. They…
Lesson 15: Protectionism vs. Globalization
KEY FORCES IN AMERICAN HISTORY 2. Economic freedom, rule of law, and well-defined property rights promote growth and prosperity. 4. …
Lesson 1 Part 1: What is Poverty and Who are the Poor?
Part 1: What is Poverty and Who are the Poor? Concepts absolute poverty income relative poverty wealth National Voluntary Content…
Lesson 6: Estonia
Introduction In this lesson, students learn how Estonia is a testament to the productive and ennobling power of freedom. After…
Lesson 9: Money and Inflation
Introduction In this lesson students learn that anything that performs the functions of money can be money (even macaroni!). As…
Activity: The Wheat Activity
Lesson Description: In this simulation students are workers producing wheat. The students will use their available capital (pencils) to produce…
Activity: Foreign Currency and Foreign Exchange
Overview Many international exchanges of goods and services are facilitated by the exchange of the currencies of the trading countries. …
Activity: A Pollution Solution
Lesson Overview In this activity, students acting as owners of companies emitting proscribed substances engage in a market for tradable…
Activity: Farmers and Fishers
Video Demonstration: Concepts: Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 5: Voluntary exchange…
Activity: The Fish Game
Video Demonstration: Lesson Description: In this lesson, students catch fish in the classroom lake, first, when the fish are owned…
Activity: The Job Jungle – A Labor Market Game*
*Copyright © 2001 Raymond P.H. Fishe – used by permission. Foundation for Teaching Economics. Permission granted to copy in whole or…
Activity: In the Chips — A Market in Computer Chips
Introduction: Understanding how markets work and the role of prices within markets is an important key to being able to…