Related Lessons

Interactive Tool: Making Sen$e with Paul Solman: Sounding an alarm on economic dysfunction by practicing sustainable living

The Economics of Income: The Rich Nations Mystery

Why are some countries very wealthy and others so poor? In this lesson you will learn about the factors that contribute to a nation's standard of living.

Grades: 9-12
Published: 09/15/2000

Closing the Gap

The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the gap, with richer countries.

Grades: 9-12
Published: 10/27/2005

The Economics of Income: If You're So Smart, Why Arent You Rich?

The purpose of this lesson is to help you explore the relationship between education and income. Income is earned from one's resources. Those resources might be natural resources (oil field, farm land), capital resources (man-made resources that are used in the production of goods and services: computers, factories, sewing machines), entrepreneurship (the ability to organize the other factors to produce goods or services or labor.) Most people earn their income by selling their labor. The lesson will focus on the following question: "Why do some people earn more income from their labor than others?"

Grades: 9-12
Published: 09/15/2000

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide

This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.

Grades: 9-12
Published: 2003

7 out of 45 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in U.S. History

Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.

Grades: 9-12
Published: 2006

4 out of 40 lessons from this publication relate to this EconEdLink lesson.

World History: Focus on Economics

With lessons combining economics and world history, students discover how people and nations developed as a result of making decisions based on maximizing local resources.

Grades: 9-12
Published: 1996

3 out of 12 lessons from this publication relate to this EconEdLink lesson.