Search Results for: math and economics

What’s available on EconEdLink? Learn how to navigate EconEdLink by viewing the classroom resources page and professional development page. How can I use my webinar certificate for professional development hours? In many states, you can use webinars to obtain professional development h…

Updated with 2022 MLB information! This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index, using baseball players' salaries for purposes of illustration. Babe Ruth's salary from 1931 is adjusted to account for changes in the price level and is …

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a shopper. In making these choices, you will decide whether you are willing to accept one good as a substitute for another or not. Are you willing to make substitutions at the grocery store…

In this personal finance lesson, students will investigate opportunity cost by using slope.

In this personal finance lesson, students will use breakeven analysis formula to analyze investment options.

This lesson is designed to acquaint students with the relationship between earnings and education. The data are very clear regarding one’s earning potential and educational attainment. That is, the more education an individual has the greater his or her earning potential. This is an…

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest valued alternative that must be given up when another option is chosen—helps people to assess their alternatives.

This lesson guides students through web sites that examine careers that are typically of interest to 3rd- through 5th-grade students. By completing the steps outlined in the lesson, the students will explore careers and report their findings.

Students read two online stories that introduce them to the elements of a budget and show that a successful budget balances money coming in (income) with money going out (expenses and savings). Follow-up activities point out the value of a budget. Students learn that a budget can help us mak…

Have you ever been the victim of discrimination? That is, have you ever been treated differently from other people based not on your individual merits but because of your age, your gender, or your race? Not sure what discrimination is? With a partner or as a group, discuss a personal…