The Labor Market
Explain the basics of the labor market.
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Lessons & Activities
31-45 min
The Wealth Game—Factors for Success (Lesson 1A)
OVERVIEW
In this game, students are given an initial set of colored beads with defined values that determine their wealth. Their task is to increase the value of their wealth by trading with other students.
Related Resources
VIDEO Q&A
0-15 MIN
READING Q&A
16-30 MIN
Will Your Smartphone Get You a Job?
Explore the data behind app-driven employment and the workers who pursue it.
LESSONS & ACTIVITIES
16-30 MIN
Learning Activity: Westward Expansion & Marginal Productivity
Examine total, average, and marginal productivity rates.
FRED GRAPHS
Teaching with FRED
Teach data literacy and economics with FRED graphing activities.
LESSONS & ACTIVITIES
1 HOUR+
Barbie in the Labor Force
Review historical trends in women's share of the labor force.
LESSONS & ACTIVITIES
31-45 MIN
Human Capital
Examine the relationship between education and income.
More in This Series
CURRICULUM UNITS
1 HOUR+
Making Personal Finance Decisions Curriculum
Teach valuable personal finance lessons grounded in economic theory.
LESSONS & ACTIVITIES
31-45 MIN
Making Choices and Identifying Costs (Lesson 1B)
Introduce the PACED decisionmaking model.
LESSONS & ACTIVITIES
31-45 MIN
The Inventory Game—Net Worth and Cash Flow (Lesson 2A)
Learn about net worth, cash flow, and the relationship between them.
LESSONS & ACTIVITIES
31-45 MIN
Meeting Financial Goals—Rate of Return (Lesson 2B)
Show the two ways that investments can earn a return.
LESSONS & ACTIVITIES
31-45 MIN
Investing in Yourself (Lesson 3A)
Demonstrate the importance of human capital.
LESSONS & ACTIVITIES
31-45 MIN
Entrepreneurship—Working for Yourself (Lesson 3B)
Learn about common traits of entrepreneurs.
LESSONS & ACTIVITIES
31-45 MIN
What Are Taxes For? (Lesson 4A)
Explain why the government provides some goods and services.
LESSONS & ACTIVITIES
31-45 MIN
Understanding Taxes (Lesson 4B)
Learn about factors that make various taxes different.
LESSONS & ACTIVITIES
31-45 MIN
Making a Budget—It Is All Spending! (Lesson 5A)
Discover that all elements of a budget are essentially spending on goods and services.
LESSONS & ACTIVITIES
31-45 MIN
Budget Trade-Offs—A Penny Here and a Penny There (Lesson 5B)
Illustrate that budgeting is really an allocation problem.
