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Students learn about the five-step PACED decision-making process. Students complete a decision-making grid and participate in a taste test to determine the best mini pretzel. They learn about ways to complete a decision-making grid for criteria.
Everyday Economics videos
Learn economic concepts from real-life economists featuring examples from their daily lives.
So Few Of Me
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.
The Pickle Patch Bathtub
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.
Types of Savings Accounts Lesson for Grades 6 12
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.
Coping With COVID Crises Young Peoples Housing Choices and Preparing in Uncertainty
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.
Postsecondary Education Expenses Lesson for Grades 8 12
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.
Planet Money Podcasts for Econ Lowdown
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.
The Anchoring Effect
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.
Comparative Advantage Trading Pizzas and Brownies
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.