Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape future consumer behavior.
This lesson utilizes the September 17, 2014, statement of the Federal Reserve's Federal Open Market Committee (FOMC) to explore the Federal Reserve's twin goals of price stability and full employment. This lesson discusses the tools the FOMC uses to achieve these goals as well as the reasoning behind their use. To begin the academic year, this is a basic lesson which will be built upon as the year progresses.
Almost everybody has heard about the Y2K problem. It has raised fears about everything from the security of our water supply to the threat of missile attacks triggered by computer glitches. Some of these threats seem pretty far-fetched. But what about threats to the security of our money? Could the Y2K problem wreak havoc with our bank accounts and other financial holdings? What can be done to prevent trouble of this sort from occuring? And whose job is it to ensure that the necessary steps are taken? This lesson addresses these questions.
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 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.
17 out of 45 lessons from this publication relate to this EconEdLink lesson.
Use this DVD program to show students how to live healthy, wealthy and risk-free.
6 out of 12 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
5 out of 40 lessons from this publication relate to this EconEdLink lesson.