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Grades 3-5, 6-8

US History: Inventors & Entrepreneurs

Students will learn the difference between inventors and entrepreneurs. From talking with adults they will learn some of the benefits...
Key Concepts: Consumers, Entrepreneurs, Incentive…
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Grades 3-5

Pennies Make Cents

Students will review the history of trade before money and will investigate the history of money. Students will locate information...
Key Concepts: Money, Trade, Exchange and Interdependence
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Grades 3-5

Changes in Change

This lesson begins with students visiting a web site that gives them practice in counting money. The second site goes...
Key Concepts: Economic Institutions, Goods and Services, Money
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Grades 3-5, 6-8

Bill, Are You Bogus?

In a barter system, people have to trade goods and services for other goods and services. In an economy that...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
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Grades 3-5

Old Business, New Business

In this lesson students are introduced to several businesses from the past. They see that, while the names for these...
Key Concepts: Balance of Trade and Balance of Payments, Business, Demand…
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Grades 3-5

I Have No Money, Would You Take Wampum?

Through the use of folk tales, history, and the students' own experiences, students will recognize the inter-relatedness of goods, services,...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
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Grades 3-5

An Entreduction

This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…
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Grades 9-12

Economic Forecasting: An Internet WebQuest

Economics is often called the "science of decision making." The decisions that economists analyze range from personal decisions such as...
Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment, Fiscal Policy
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Grades 9-12

The Economics of the Family Farm

Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…
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Grades 9-12

The Wizard of Oz Visits Japan

Deflationary conditions in the United States have not returned since the Great Depression. Instead, U.S. policymakers have frequently found it...
Key Concepts: Fiscal Policy
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Grades 3-5

Hey, Mom! What's for Breakfast?

In this lesson students working in cooperative groups will: 1.Discuss food items they consume for breakfast. 2.Investigate elements of foreign...
Key Concepts: Consumers, Goods and Services, Producers
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Grades 3-5

Paraffin-alia

All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
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Grades 9-12

Population Growth: Friend or Foe?

The environment has recently been the focus of much research and discussion. Because productive resources are limited, it is important...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis
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