EconEdLink

Related Lessons

Lesson: How E-Commerce Influences Consumer Choice


The Best Deal

Students will learn how to determine 'price per unit' to help make decisions when comparing products.

Grades: 6-8
Published: 02/04/2004

NOT your Grandma's Lemonade Stand

After a review of elementary economic concepts, students will apply their understanding by playing an online computer game, Lemonade Stand. This game has the students competing against themselves and others to earn the biggest profit in 25 days time (approximately 15 minutes computer time). "Daily" economic advice helps students find out where they fail in understanding the demand and supply sides of economics. Fun!

Grades: 6-8
Published: 03/15/2002

Chevy Volt... It's Electric!

The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed. Specifically, the evaluation will focus on the Chevy Volt and its attempt to compete in a constantly evolving market of automobiles. Through this lesson, students will attempt to decide whether the Volt can be competitive in price and range, as well as what incentives need to be provided to make it a more appealing purchase to consumers. There have also been several changes made to the aerodynamics of the prototype of the Volt to the first model released to consumers in order to make the battery more efficient. Finally, students will look at the supply and demand, and production of the Chevy Volt.

Grades: 9-12
Published: 12/20/2011

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.


Playful Economics

Designed primarily for elementary and middle school students, each of the 15 lessons in this guide introduces an economics concept through activities with modeling clay.

Grades: K-8
Published: 2011

17 out of 17 lessons from this publication relate to this EconEdLink lesson.

The Great Economic Mysteries Book: A Guide to Teaching Economic Reasoning, Grades 4-8

This publication introduces students in grades 4-8 to an economic way of thinking through exploring the mysteries of everyday life. Students solve each mystery by responding to hints provided by simple true/false questions and by reference to a logical system of reasoning that applies basic economic principles.

Grades: 4-8
Published: 2000

17 out of 17 lessons from this publication relate to this EconEdLink lesson.

Choices and Changes: In Life, School, and Work - Grades 5-6 - Teacher's Resource Manual

This publication contains complete instructions for teaching the lessons in Choices and Changes, Grades 5-6. The Choices and Changes series is designed to help students understand how the U.S. economy works and their roles in the economy as consumers, savers and workers.

Grades: 5-6
Published: 2001

15 out of 15 lessons from this publication relate to this EconEdLink lesson.