EconEdLink

Related Lessons

Calendar Item: Ford Boosts Wages on January 5, 1914


Why does Brett Favre make $8.5 million per year?

What determines a person's salary? Why do professional athletes make so much money? People who work as firefighters, police officers or teachers are clearly more important to our society, yet they make much less money than jocks. What explains this?

Grades: 9-12
Published: 06/06/2006

Economic Indicators for Informed Citizens

This lesson introduces students to three basic economic indicators: real GDP, the inflation rate, and the unemployment rate. The students work in small groups to develop an economic forecast, using the three basic economic indicators. They participate in a simulation activity involving a fictional economic forecasting firm. The firm has taken on a client who wishes to start a new business and wants to know whether this is a good idea, given the current economic climate. To advise the client, the students produce a report based on research they conduct about the state of the economy, according to the three economic indicators.

Grades: 9-12
Published: 03/15/2010

Invest in Yourself

To explore the concept that people invest in themselves through education, the students work in two groups and participate in a mathematics game. Both groups are assigned mathematics problems to solve. One group is told about a special technique for solving the problems. The other group is not. The game helps the students recognize that improved human capital allows people to produce more in a given amount of time—in this example, more correct answers in the time provided, or in less time. Next, the students identify the human capital required for a variety of jobs. Finally, they learn about the connections among investment in human capital, careers, and earning potential.

Grades: 9-12
Published: 06/30/2012

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

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

Risky Business DVD

Use this DVD program to show students how to live healthy, wealthy and risk-free.

Grades: 9-12
Published: 2007

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

Energy, Economics, and the Environment: Case Studies and Teaching Activities for High School

This publication helps students analyze energy and environment issues from an economics perspective.

Grades: 9-12
Published: 2006

6 out of 10 lessons from this publication relate to this EconEdLink lesson.