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Broad Social Goals of an Economy

COMPELLING QUESTION Why do politicians disagree on economic issues -- isn't there one right answer? Students work in small groups...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis, Economic Systems…

Margin Of Error

The lesson begins with an introduction to the use of polls in political campaigns. The students are introduced to the...
Key Concepts: Choice

Public Choice Economics

Students participate in a series of classroom elections to analyze special-interest effects and see how the costs of voting and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Public-Choice Analysis

The Panic of 1893 and the Election of 1896

ESSENTIAL DILEMMA Were the contradictory responses political leaders had to the panic of 1893 driven more by economic/political self-interest or...
Key Concepts: Budget Deficit, Budgeting, Business Cycles…

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Saving

In this personal finance lesson, students determine their monthly earned income and estimate how much they could be saving.
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Roles of Government

Specialists Light Up Our Lives!

Peppe and his family moved to America to pursue the American dream. His mother has passed away, his father is...
Key Concepts: Goods and Services, Specialization, Trade, Exchange and Interdependence

The Classroom Mini-Economy | Lesson Demo

Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, shares tips for creating a mini-economy in the elementary...
Key Concepts: Decision Making/Cost-Benefit Analysis, Economic Institutions, Entrepreneurs…

The Hidden Costs of College

College costs have escalated over the past two decades, and many students are relying on student loans to cover the...
Key Concepts: Budgeting, Choice, Decision Making/Cost-Benefit Analysis

How Will I Pay for College?

In this lesson, students will learn about current trends in student borrowing and determine a reasonable debt load for hypothetical...
Key Concepts: Borrow, Budgeting, Credit…