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Learn economic concepts from real-life economists featuring examples from their daily lives.
Students learn about scarcity, alternatives, choices, and opportunity costs by reading "So Few of Me" by Peter H. Reynolds. The class participates in an activity to help Perdita figure out her morning schedule at summer camp.
In this lesson, students learn about opportunity cost, saving, savings goals and a savings plan by reading The Pickle Patch Bathtub by Frances Kennedy. Students will develop savings plans that lead to their own savings goals.
Choosing a savings account is an important financial decision that can help people achieve their financial goals. Banks offer customers a variety of options when it comes to savings accounts.
Many of even the most prepared young people could not have anticipated the effects of the COVID-19 pandemic. Learn about some of the pandemic’s economic impacts on young people and their families and some information and tips for financial planning in the February 2021 Page One Economics®: Focus on Finance.
With the rising cost of postsecondary education, it may seem unrealistic to save for all or even some of the costs. The costs of postsecondary education are more than tuition and fees for the courses.
PR’s Planet Money is a podcast about the economy for people who think they aren’t interested in economics. Over 10 years and more than 1,000 episodes, the podcast has drawn millions of regular listeners through humor, storytelling and an accessible style.
Consumers often measure whether they got a good deal on a purchase by the difference between the original price and a sales price. The bigger the difference is, the better the deal feels.
In this lesson, students play the role of producers in two fictional countries, Acca and Dur. Students use production cards to construct production possibilities tables and graphs. These tables and graphs are used to discuss productivity, opportunity costs, and comparative advantage. Producers in each country discover that if they specialize and trade, they are able to produce and consume more goods than they would have been able to produce and consume on their own.
Seas, Trees, and Economies is a set of lessons for students in middle grades—grades 6-8. These lessons are written to help students understand the relationship between our natural environment and the economy as well as to describe how the environment and the economy jointly provide us with the goods and services that we want. The lessons provide students with the tools they need to recognize the fundamental trade-offs, to explain how and why choices are made, and to explain how people can make better choices regarding the use of natural resources and the disposal of wastes that production and consumption unavoidably create. Most lessons employ simulations and other active-learning strategies to engage students in the learning process and to provide experiences to help them discover why things happen as they do.