16 results found
Why Are Some Social Media Sites Free to Use? (Page One Economics)
If companies always try to maximize profits, why are so many social media sites free to use? Learn how these platforms operate, as well as what positive and negative “network effects” are at play, in this May 2023 issue of Page One Economics.
What Should College Athletes Be Paid? Market Structure and the NCAA (Page On Economics)
This issue of Page One Economics looks at how the market structure underlying college athletics has taken this debate all the way to the Supreme Court.
"How Does Where You Live Influence How You Live?" A Lesson Plan on Redlining
Learn about the history of redlining and its impact on wealth and health inequalities using historical maps and other primary sources. This three-module lesson plan includes handouts, video links, and a podcast to examine the connection between homeownership and disparities in wealth and health.
Professional Basketball Can You Join the Association Lesson for Grades 9 to 12
Students apply economic concepts to a professional basketball association. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Basketball Association or (ii) a member of the Professional Basketball Association Expansion Committee deciding whether new teams are admitted.
Splat the Cat Takes the Cake Lesson for Grades 2 to 3
In this lesson, students participate in a market activity in which a market for cake ingredients is set up to demonstrate the process of using a spending budget. They listen to the story Splat the Cat Takes the Cake and answer comprehension questions through a student-led Q&A. By participating in the opening market activity and reading the story, students use what they have read and learned to conclude that the ingredients Splat used were purchased with money that was earned. They participate in a read-aloud activity to identify specific long-vowel sounds and earn Splat bucks. They use the Splat bucks to purchase materials to decorate a cake and track their spending.
The Economics of Flying How Competitive Are the Friendly Skies
Years ago, airline passengers enjoyed more legroom and in-flight extras—for a price. Find out in the November 2018 issue of Page One Economics how deregulation increased competition, lowered prices, and created crowded flights.
Entrepreneurs Infographic
Use this infographic to show your students what it means to be an entrepreneur.
Factor Markets Simulation
This fun lesson simulates how firms determine the profit-maximizing quantity of labor to hire in a perfectly competitive labor market.
Professional Baseball—Can You Join the League? Lesson for Grades 9-12
In this active learning lesson, students apply economic concepts to a professional baseball league. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Baseball League or (ii) a member of the Professional Baseball League Expansion Committee deciding whether new teams are admitted.
Economic Systems Infographic Activity
Use this worksheet with questions and activities to reinforce the key concepts associated with command and market economies featured in the infographic.