Election Lessons
We have provided you several EconEdLink lessons and interactives that you can use with your students as you discuss the elecition issue of the taxes. These resources are at no cost to you and can be accessed from any computer. Note that there is a teacher version, a student version and a mobile version for each one of the lessons.
Income taxes can be confusing, but there are a lot of online resources to help us understand them! This lesson takes students through four useful sites, asking them to look for specific information that will broaden their understanding of how income taxes work.
The Economics of Pro Sports: Why are the Cowboys and Yankees so Valuable?
This lesson investigates the value of sports franchises in the various professional sports leagues. Students will investigate the revenues and costs of pro sports teams and determine which teams are the most valuable. Lastly, students will understand the specific rules of the game that leagues emp...
Goods and Services: Some are Private, Some are Not
The role of government is to provide for the common defense, define and protect property rights, and enforce contractual arrangements. Throughout the 20th and early 21st century, government has increased its role in economic life. The role of government has expanded to address so-called market failu...
Understanding the Debt Ceiling Debate and the Budget Control Act of 2011
This lesson provides an introduction and an overview of the Budget Control Act of 2011. Students will be given information about the legislation and presented with different proposals for dealing with the long-term deficit problem of the United States.
Making Sen$e with Paul Solman: What Do Tax Rates' Ups and Downs Mean for Economic Growth?INTERACTIVE
Do higher tax rates slow economic growth? As part of his reporting on Making Sen$e of financial news, economics correspondent Paul Solman takes a look at the history of taxes. [Dec. 12, 2011]
Budget Deficits and Public DebtINTERACTIVE
This video teaches the concepts of Budget Deficits and Public Debt. If taxes collected are less than the money spent in a given year, the government has a budget deficit. When a budget deficit occurs, the government borrows the money that it needs to finance its expenditures. For example, the U.S. g...
Making Sen$e with Paul Solman: Taxes: How High Is Too High?INTERACTIVE
Economics correspondent Paul Solman explores the question of just how high U.S. tax rates should or shouldn't be and examines the relationship between economic activity and tax rates. It's part of his ongoing reporting series, Making Sen$e of financial news. AIR DATE: Jan. 11, 2012