Lesson 3: Yours, Mine, Ours: The Rules of Ownership
Concepts: Incentives Property Property rights Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 10: Institutions…
Lesson 2 Activity: Diamonds & Water – A Question of Value
Time Required: 2-3 class periods Materials: Jump ropes, hula hoops, or other fun exercise equipment (optional) large bottle(s) of…
Lesson 2: Waste Is in the Eye of the Beholder
Concepts Choices Supply Incentives Prices Scarcity Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 8: …
Lesson 1 Activity: How Much Water Do You Need?
Time Required: Two and a half class periods Materials: One copy of handouts 1, 3, and 4 for each student…
Lesson 1: When Is a Basketball a Substitute for Water?
Concepts Choices Incentives Law of demand Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 8: …
Introduction to Economics, Water Use and the Environment
Overview Economics, Water Use, and the Environment is comprised of seven lessons designed to help students examine water use and…
Lesson 5: Are Disasters “A Disaster” for Lesson Planning?
Teaching About the Next Disaster The concepts, models, and analytical skills developed in Lessons 1-4 comprise an economic reasoning toolkit…
Lesson 4: When Disaster Strikes, What Can We Do?
Concepts: comparative advantage incentives competition Federal Reserve System money liquidity personal exchange commercial (impersonal) exchange Content Standards: Standard 6: When…
Lesson 3: When Disaster Strikes, What Can Government Do?
Concepts: incentives public choice thoery public good bureaucracy comparative advantage moral hazard Standards: Standard 4: People respond predictably to positive…
Lesson 2 Activity: The Market for Thingamajigs – Price Gouging?
Introduction: Understanding how markets work and the role of prices within markets is an important key to being able to…
Lesson 2 Activity: Nobody Knows Everything
Lesson Overview Based on television game shows in which contestants are pitted against an audience group, this activity is designed…
Lesson 2: When Disaster Strikes, What Can Markets Do?
Concepts scarcity price incentive supply supply shock determinants of supply demand consumption (demand) shock determinants of demand price controls price…
Lesson 1 Activity: Are Disasters Good for the Economy?
Time Required: 1 class period Materials: visuals #1- 6 (#7 optional) copies of student handouts: Clues (Visual #6) – 1 set…
Lesson 1: Are Disasters Good for the Economy?
Concepts: human capital economic growth technology physical capital per capita GDP productivity Production Possibilities Frontier real income resources Content Standards:…
Lesson 1: Opportunity Cost
Concepts: Opportunity Cost Scarcity Capital Goods Choice Consumer Goods Communism Content Standards and Benchmarks (1, 3 and 15): Standard 1:…
Lesson 16: 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 14: The Rise of Big Government
KEY FORCES IN AMERICAN HISTORY 1. A key to understanding people’s behavior is figuring out the incentives they face. 2. Economic freedom,…
Lesson 13: Immigrants and the American Workforce
KEY FORCES IN AMERICAN HISTORY 1. A key to understanding people’s behavior is figuring out the incentives they face. 2. …