EconEdLink

Related Lessons

Lesson: What Is Money? Why Does It Have Value?


Fad or Fortune

This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value. They will record and reflect on their strategies for each round

Grades: 6-8
Published: 10/25/2005

Agent Pincher: The Case of the UFO

Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes when people first try to use money from another country, they feel like they are playing with toy money-it is a different size, color, and shape, compared to one's own national currency, and it often comes with unfamiliar writing. As a special agent, your job is get the facts on these UFOs and compile a profile for guide book for your section.

Grades: 6-8
Published: 09/09/2005

Supply and Demand, Lessons From Toy Fads.

The concepts of supply and demand and related terms are taught through stories about the toy fads of Hula Hoops and Silly Bandz. In 1958, Wham-O, Inc. began marketing the Hula Hoop in the United States and sales of the Hula Hoops sky-rocketed as over 25 million were sold in the first few months, within the year over 100 million. Similarly today, Silly Bandz has taken off in sales since the summer of 2008.

Grades: 6-8
Published: 05/17/2011

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.


Focus: Middle School World 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: 5-8
Published: 2011

4 out of 24 lessons from this publication relate to this EconEdLink lesson.

Learning, Earning and Investing: High School

This publication contains 23 lessons that introduce high school students to the world of investing--its benefits and risks and the critical role it plays in fostering capital formation and job creation in our free market system.

Grades: 9-12
Published: 2004

4 out of 23 lessons from this publication relate to this EconEdLink lesson.

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

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