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Related Lessons

Calendar Item: Aswan High Dam Completed on July 21, 1970


Federal Budget Lesson Plan and Fiscal Ship Student Game

What are the tradeoffs that policymakers face when steering the federal budget? To answer this question, students will grapple with the complexity of federal budget choices as they play The Fiscal Ship, a game created by the [EEL-link id='5124' title='Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution' ] and the Serious Games Initiative at the [EEL-link id='5131' title='Woodrow Wilson Center.' ]

Grades: 9-12
Published: 07/27/2016

The South's Decision to Secede: A Violation of Self Interest?

Essential Dilemma Your students will consider the following questions: In deciding to secede from the Union in 1861, did the South violate its own self-interest and thus disprove the basic economic principle that people seek to further their self-interest in the decisions they make? To get at the question, each student will assume the role of an ardent secessionist. Acting in this role, the students will apply principles of economic reasoning and use a decision grid to weigh the benefits and costs of the South's effort to create a new nation in which slavery and state's rights would forever be guaranteed by law.

Grades: 9-12
Published: 04/08/2005

Decision Making

Students apply a particular model for making decisions in exercises that call for choosing a college and buying a personal computer. The model focuses on explicit identification of problems, alternative possibilities for solving problems, criteria for evaluating those possibilities, and the opportunity cost of the decisions arising from the process. The need to make decisions is shown to be based in the condition of scarcity.

Grades: 9-12
Published: 11/30/2015

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.


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.

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

6 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

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