Students take a quiz that involves earning income and paying a tax. Through this activity, they generate data that they use to create a table, a graph, and to build equations that represent relationships between quantities. Students scale and label axes as they create graphs of relationships between income and tax. Tables and graphs of data are then used by the students to construct equations representing examples of relationships between income, tax, and average tax ratio. Students explore the graphs to draw conclusions about the impact of different tax structures on families with different incomes. Note: Students should have prior knowledge of graphing linear functions for this lesson.
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?
Each of us seek to make wise investment decisions that will make our money grow. Unfortunately, we cannot predict the future, but the past can give us a window to understanding the risks and rewards of investing in the stock market. This lesson will track the history of a Dow Jones 30 stock and enable to student to calculate the return on his investment.
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.
This publication helps students analyze energy and environment issues from an economics perspective.
6 out of 10 lessons from this publication relate to this EconEdLink lesson.
Use this DVD program to show students how to live healthy, wealthy and risk-free.
3 out of 12 lessons from this publication relate to this EconEdLink lesson.
Created as a supplement to existing middle school world geography and world history courses, the 5 units in this guide introduce students to the basics of global trade.
2 out of 7 lessons from this publication relate to this EconEdLink lesson.