Included in this interactive are two videos on costs and benefits, which are based on one of the lessons from the Capstone: Exemplary Lessons for High School Economics® publication. Lesson 1: Economic Reasoning: Why Are We A Nation of Couch Potatoes? introduces students to the basic economic problems of scarce resources, unlimited wants, the need to choose among alternatives, the consequences of cost, and the importance of incentives. The introduction video is of an educator describing how she teaches the lesson in her classroom. The classroom video is a demonstration of the lesson being taught to students.

If you found this lesson useful and are interested in more lessons like it, check out our Online Professional Development Module.

Key Concepts

Choice, Economic Systems, Incentive, Opportunity Cost, Future Consequences, Voluntary Trade


Trouble is Brewing in Boston - "Colonial Voices: Hear Them Speak"

It’s December 16, 1773 and many of the citizens of Boston are furious with King George’s new tax on tea. Young Ethan, a printer’s errand boy, has been given the task of conveying information concerning an upcoming protest meeting. As he makes his rounds through the city the reader is int...

Grades K-2, 3-5

Chevy Volt... It's Electric!

The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed. Specifically, the evaluation will focus on the Chevy Volt...

Grades 6-8, 9-12

Everyday Opportunities

In this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the actual lesson is short.

Grades K-2, 3-5

Marketplace: Doing Business in Afghanistan

In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss the reconstruction of Afghanistan. Afghanistan's officials say that to create a viable economy and a stable society, the country must recreate basic...

Grades 6-8, 9-12

To Buy or Not To Buy

While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Consumers seem to be besieged by requests from special interest groups to refrain from buying certain goods and services. In this lesson, students study how boycotts have b...

Grades 6-8, 9-12


  • “Well-designed lesson. The video to introduce the teacher to Capstone was very helpful. The second video which showed how to engage the students in the lesson was great. Students could relate to the topic easily and had multiple examples in their daily lives to refer to. Additional reference links for further study or incorporation were a nice addition. Awesome for grades 9 - 12.”

    Anna B., Glen Allen, VA   POSTED ON March 6, 2011

  • Be the first to review this interactive tool!

    Add a Review