Your students will consider the following questions: In deciding to secede from the Union in 1861, did the South violate its own self-interest and thus disprove the basic economic principle that people seek to further their self-interest in the decisions they make? To get at the question, each student will assume the role of an ardent secessionist. Acting in this role, the students will apply principles of economic reasoning and use a decision grid to weigh the benefits and costs of the South's effort to create a new nation in which slavery and state's rights would forever be guaranteed by law.
Jonas, a twelve-year old, lives in a seemingly perfect futuristic world. His community protects him from all harm and in doing so has taken away his opportunity to make decisions. Will Jonas ever be able to make a choice on his own? This lesson is based on the award-winning book The Giver by Lois Lowery, [Houghton Mifflin, Co., 1993.]
Students will define opportunity cost, and with this in mind students will list various career choices and salaries and calculate future value of money
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.
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