EconEdLink Update

September 2009

Council for Economic Education

In this issue:

Featured Lessons:

Other Areas of Interest:

Featured Lessons:

Goods and Services
Students will be able to distinguish between people who produce goods and people who provide services to a community.

Grades K-2:

Did You Get the Message?
Advertising is the primary tool used by businesses to tell consumers about the goods and services they sell in the marketplace. Businesses also use advertising to try to convince consumers to buy what they are selling. Advertisements do this by pointing out how consumers will benefit if they buy a product. These benefits are called incentives. In this lesson, these two basic functions of advertising are introduced. Various techniques used to achieve these objectives are also explained. During the assessment activity, students view television commercials directed at them. They identify the various advertising techniques used to grab their attention and convince them to buy.

Grades 3-5, 6-8:

The Prices Are Changing
This lesson will help students to understand how markets are created by the interaction of buyers and sellers, what demand and supply are, what equilibrium price is, and how demand and supply interact with price changes.

Grades 6-8:

Who Is Ben Bernanke?
This lesson introduces students to the Chairman of the Federal Reserve System, Ben Bernanke. It describes briefly his involvement within the Federal Reserve.

Grades 9-12:

Other Areas of Interest:

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Please take a moment to check out the SHARE icon on all of the EconEdLink pages and help us make EconEdLink a conversation space not a destination.

Glossary and EconEdLink®

EconEdLink glossary
A new feature for EconEdLink is the glossary on the lesson pages. When you go to a lesson page you will notice that selected glossary terms have been linked to the Council for Economic Education glossary. When you select the term it opens up a window that shows the definition.

There is also a feature on the left navigation bar that provides a printable listing of the glossary terms related to the specific lesson. This glossary can be used in a variety of ways. The printed glossary presents a listing of the terms the lesson will cover that can be used in preparation of the lesson You can also print out the list of the terms for the students so that they have a listing of what they going to learn in the lesson.

To explore the Glossary visit any of the lessons on EconEdLink:

Get FREE Training and Lesson Plans

Tap into the most comprehensive resources for teaching K-12 economics... all from the comfort of your computer.

Thanks to a generous grant from State Farm, you can receive a FREE copy of the popular Virtual Economics CD-ROM, just by completing a quick one-hour online training module.

That's a $150 value. Act quickly, because the free slots are going fast.

More information visit:

2009 Annual Conference
Washington DC Hyatt

Council for Economic Education
National Association of Economic Educators
Global Association of Teachers of Economics

October 7-10, 2009 
Hyatt Regency Washington on Capitol Hill,
Washington, D.C.

You'll have the opportunity to attend hands-on sessions focused on EconEdLink.

Mark your calendar so that you will not miss this opportunity.

More information visit:

Edited by John LeFeber,
Curriculum and Instructional Developer Project Manager
Council for Economic Education
Lincoln NE Office
215 N. 8th Street, Suite 215
Lincoln, NE 68508

Phone: 402.438.6921 | Fax: 402.438.6867 | Email:
Council for Economic Education EconEdLink thinkfinity
The Council for Economic Education offers comprehensive, best-in-class K-12 economic and personal finance education programs, including the basics of entrepreneurship, consisting of teaching resources across the curriculum, professional development for teachers, and nationally-normed assessment instruments. Each year, the Council's programs reach more than 150,000 K-12 teachers and over 15 million students in the United States and in more than 30 other countries. These programs are delivered through a diversified system: directly from the Council, through a network of affiliated state Councils and university-based Centers for Economic Education, and through other partner organizations. EconEdLink is a program of the Council for Economic Education and a member of the Thinkfinity consortium. EconEdLink provides a premier source of classroom tested, internet-based economic lesson materials for K-12 teachers and their students. EconEdLink continues to offer content based interactives that enhance more 606 lessons, and assist students as they explore economic concepts.