Activity: Advertisement Showdown–Understanding Marketing and Economics for Entrepreneurs
In this lesson students will be introduced to marketing including advertising and branding they will have to create and pitch…
Lesson 6: Understanding Market Structures for an Entrepreneur
In this lesson students will be introduced to the four market structures and how the characteristics of each affect business…
Case Study: Baseline Bites at the Softball Complex
In this case study, students will play the role of a young entrepreneur calculating accounting and economic profits and losses…
Activity: Creative Destruction – Build a Better Widget
NTRODUCTION Joseph Schumpeter coined the term “creative destruction” to describe the process by which old products and processes give way…
Lesson 5: Business Plan for Entrepreneurs
In this lesson students will learn what a business plan is and begin writing one for their own businesses. Economics…
Activity: Food Truck Challenge – A Supply and Demand Activity
In this lesson students will understand and use the concepts of supply and demand to make entrepreneurial decisions in a…
Lesson 4: Pricing Decisions for Entrepreneurs
In this lesson, students will focus on how supply, demand, and the market affect pricing decisions for entrepreneurs. Economics Prices…
Lesson 3: Institutions for Entrepreneurs
In this lesson students will be introduced to institutions that affect the choices and incentives of entrepreneurs. Economics Students will…
Lesson 2: Economic Concepts for Entrepreneurs
In this lesson students will be introduced to economic concepts that are important to entrepreneurs using mini games/activities. Economics Thinking…
Lesson 1: Foundations for an Entrepreneur
In this lesson students will be introduced to entrepreneurs and the role they play in the economy. Complete lesson instructions and…
Lesson 6: Applying the Lessons of the Soviet Union
Assessment: A Brief History of the Post Office (As Told By Grandpa McCoy) “You kids these days have it so…
Lesson 5: Transaction Costs – Life in a Soviet Household
Key Economic Concept: Transaction Costs Related concepts: Incentives Markets Opportunity Cost Prices Secondary Markets Creation of wealth Content Standards and…
Lesson 4: Property Rights
Concepts: Property Rights Private property Incentives Collectivization Profits Tragedy of the Commons Content Standards and Benchmarks (4, 10 and 16):…
Lesson 3: Incentives Matter
Concepts: People respond to incentives. Entrepreneur Innovation Profit Productivity Competition Content Standards and Benchmarks (4 and 14): Standard 4: People…
Lesson 2: Missing Markets and Missing Prices
Concepts: Markets provide information in the form of prices. Opportunity cost Prices Information costs Investment Demand and Supply Markets Competition…
Hot Topic: Trade Wars – Economics Awakens
By Ninos Malek, May 2018 INTRODUCTION: “Trade wars are good and easy to win.” ~President Donald Trump “Wars make not a…
Hot Topic Lesson: The US Airline Industry…Fight or Flight!?
By Greg Caskey, January 2018 INTRODUCTION: “It’s time to level the flying field. Spread the word to help enforce Open…
The Bread Market!
Download Bread Market Teacher Guide, Handouts and Visuals doc file (or pdf). An emergent order activity to accompany the poem and…