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Multipliers and the Mystery of the Magic Money

Students learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and...
Key Concepts: Economic Institutions, Fiscal Policy, Markets and Prices

The Penny Problem

Students will research the cost of making the penny and the use of the penny. They will come up with...
Key Concepts: Economic Institutions, Money

Unemployment in My Hometown

Students use the Bureau of Labor Statistics website to track unemployment rates for their community, and after researching information about...
Key Concepts: Employment and Unemployment

What Does A Dollar Really Buy?

Students will describe the purpose of a price index, and how it is calculated. Then students will describe the weaknesses...
Key Concepts: Fiscal Policy

Comparative Economic Systems

Students research the economic systems of a communist country and a third-world country and compare them to the US, guided...
Key Concepts: Economic Systems

A Fair Wage

Income for most people is determined by the market value of the productive resources they sell. What workers earn depends,...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Business Costs and Revenues…

'You Paid How Much for That Ticket?'

Have you ever been the victim of discrimination? That is, have you ever been treated differently from other people based...
Key Concepts: Business Costs and Revenues, Demand, Markets and Prices

'Be All You Can Be'...For Minimum Wage?

Perhaps you have seen the catchy TV ads for the various branches of the United States military. You know, the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Division of Labor/Specialization…

Save the Moonflowers

Margaret Mee (1909-1988) was a botanical artist who often traveled up the Amazon River alone in search of rare flowers...
Key Concepts: Goods and Services, Markets

Where Does the Money Come From?

With very few exceptions, the U.S. federal government does not have an "income" to spend providing goods and services. The...
Key Concepts: Roles of Government

Pennies Make Cents

Students will review the history of trade before money and will investigate the history of money. Students will locate information...
Key Concepts: Money, Trade, Exchange and Interdependence

Changes in Change

This lesson begins with students visiting a web site that gives them practice in counting money. The second site goes...
Key Concepts: Economic Institutions, Goods and Services, Money

Old Business, New Business

In this lesson students are introduced to several businesses from the past. They see that, while the names for these...
Key Concepts: Balance of Trade and Balance of Payments, Business, Demand…