Lesson plans and classroom resources aligned to the Economics curriculum.
Last Updated: May 5, 2011
- Basic Concepts
Series of lessons, notes, interactive activities from reffonomics.com
- Economic Systems
Although we all make choices which have costs and consequences, the same choices are not necessarily available in all societies. It is helpful for students to develop an appreciation of the different choices an entity faces when the economic system is different. In this brief lesson, students will consider the comparative opportunities available in traditional, command, and market economies.
- I Don't Want Much, I Just Want More: Allocation, Competition and Productivity
In this lesson, students will examine different methods for allocating resources, taking note of the cost and benefits associated with each method. This analysis will help students to understand competition and productivity as important elements of the U.S. market economy.
- Understanding the Role and Importance of the Public and Private Sectors
People sometimes dismiss economics as being “all about” money or business. While the characterization is misguided, it is true that economics is interested in how people make decisions in the business environment. This lesson reviews the foundations for choice-making at the margin and connects economic reasoning to the world of business.