Whether they’re lesson plans, videos, or activities, our resources can be browsed by type or topic! Check out our recently published videos, including helpful pieces on GDP, opportunity cost, the business cycle, and compound interest!

Behavioral Economics

Are your students “Econs” or “Humans”? Behavioral Economics is an increasingly popular field of study that tries to find out if people make decisions like “Econs” or “Humans”. Findings from behavioral experiments often illustrate how supposedly rational decision makers often behave in less than rational ways. Behavioral economics explores how choices can be influenced by a large number of human factors. This new series of lessons includes classroom activities that introduce concepts such as the anchoring effect, default bias, endowment effect, fairness, and present bias. These lessons may be taught as a unit or individually. Each lesson has been reviewed by teachers and experts in behavioral economics. [Acknowledgements]


Behavioral Economics Lesson Five: Other Things Matter

COMPELLING QUESTION Under what circumstances do people not behave like rational Econs? Students will participate in a version of the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Incentive…
See Lesson

How to Use the Behavioral Economics Lessons

This note from one of our behavioral economics authors, William Bosshardt, Florida Atlantic University, explains how these behavioral economics lessons...
Key Concepts: Choice
See Lesson