Economic Systems
Contrast market and command economies.
Please take our 5-minute survey on educators' use of AI in the classroom. Thanks!
Back to All
New!
Reading Q&A
16-30 min
An Economic Guide to Giving the Perfect Gift
OVERVIEW
What are the goals of giving a gift? Economists suggest several ways of looking at the question, including level of efficiency and the monetary and social value for the recipient. In this edition of Page One Economics® learn how to use consumer surplus and social utility to measure a gift’s value. Print the article.
Related Resources
INFOGRAPHICS & COMICS
LESSONS & ACTIVITIES
0-15 MIN
Entrance and Exit Tickets for a General Economics Classroom
Short formative assessments for the general economics classroom.
MODULES
16-30 MIN
Supply
Describe the supply side of the market.
VIDEO Q&A
0-15 MIN
Introduction to Perfect Competition
Hear an example of the perfect competition market.
AUDIO Q&A
Econ Lowdown Podcast Series
21 Economics audio assignments for your classroom
LESSONS & ACTIVITIES
46-60 MIN
Understanding Price Elasticity
Introduce elasticity to your students.
More in This Series
READING Q&A
16-30 MIN
A Dollar's Worth: Inflation Is Real
Learn more about inflation, how it’s measured, and how the inflation rate is calculated.
READING Q&A
16-30 MIN
AI and the Future of Work: Opportunity or Threat?
Learn how AI can impact industries and affect jobs.
READING Q&A
16-30 MIN
Advertising: Dollars and Decisions
Review advertising history and strategies ads use to create demand.
READING Q&A
16-30 MIN
Advertising: Targets, Techniques, and Technology
Explain how advertising creates demand for products or services.
READING Q&A
16-30 MIN
All About the Business Cycle: Where Do Recessions Come From?
Introduce the business cycle and define its components.
READING Q&A
16-30 MIN
Banking Basics
Describe the differences between banks, online banks, and credit unions.
READING Q&A
16-30 MIN
Bankruptcy: When All Else Fails
Discuss earning income, budgeting, late payments, and collections.
READING Q&A
16-30 MIN
Baseball and the $700 Million Bet on the Time Value of Money
Explain the time value of money.
READING Q&A
16-30 MIN
Beyond Inflation Numbers: Shrinkflation and Skimpflation
Define shrinkflation and skimpflation.
READING Q&A
16-30 MIN
Beyond the Hype - An Intro to Crypto Assets
Introduce crypto assets, blockchain technology, and the emerging crypto universe.
