Economic Concepts Teacher Resources
Find Economic Concepts lesson plans and worksheets
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The Fed Explained
Animated videos, colorful graphics, and catchy examples help young economists gain an understanding of the Federal Reserve and its role in the Reserve System. The nine resources in the collection cover such basic economic concepts as...
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Identifying Economic Concepts in Literature
After reading Annie and the Old Ones, the class chooses an idea they agree with about Annie's actions and explain their opinion to a partner or the class. They work together to identify at least one economic concept from the book. This...
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Globalization: Threat or Opportunity for the U.S. Economy?
Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...
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The Economics of WALL-E
If you've seen the popular Disney Pixar animated film WALL-E, did you catch the film's allusions to key economic concepts as the tragedy of the commons, collective ownership, personal incentive, and consumerism? It's all there, and...
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Intro: Basic Economic Concepts
Before delving into the bank of instructional videos that this economics instructor has to offer, check out an introductory video in which he offers a quick overview of the topics he will be covering in the particular unit.
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Supply and Demand Curves - Basic Economic Concepts
Why does quantity demanded decrease as prices increase? Watch this video to compare the downward sloping curve of the law of demand with the upward sloping curve of supply, as well as to review such concepts as the substitution effect,...
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Real Life Economics 101
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
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Monopolies and Anti-Competitive Markets
Take your knowledge of monopolies off the board game and into economic concepts with an engaging video from Crash Course Economics. It explains the philosophy behind government regulations of monopolies and horizontal integration, the...
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The Supply and Demand Game - Carbon Tax and Cap and Trade
A lesson plan on supply and demand provides four activities to help high school academics understand economic concepts such as taxes, supply, and demand. Young historians also participate in a group discussion following the activities to...
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Ben Franklin: Highlighting the Printer
By studying Benjamin Franklin's work as a printer, your class will have a fantastic opportunity to learn about the economic concepts of entrepreneurship, human capital, and investment.
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Making the Classroom Desk a Trading Desk
Create a stock market simulation to motivate pupils and make economic concepts meaningful.
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The Economics of Ghostbusters
How do the men of Ghostbusters represent entrepreneurship, the market economy, and government oversight? This video provides unique insight into the risks of startup companies, as well as the foundational features of a market economy,...
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EconMovies 2: Monty Python and the Holy Grail (Marginal Analysis)
Who knew that so many of the hilarious moments from Monty Python and the Holy Grail would be perfect for illustrating one of the most important concepts in economics: marginal analysis. In the second video of this fantastic series, your...
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Diversification and Risk
After being given a portfolio of investments, your young economists will learn how to assess the relative risk of the portfolio's products and understand the importance of diversification, relating these economic concepts to real-life...
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The Story of the Federal Reserve System
Prevent the Federal Reserve System from becoming a dry topic for your middle and high schoolers by using an informative, engaging resource! The cartoon takes your class on a journey with aliens from the planet of Novus to observe the...
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Unintended Consequences
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
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The Economics of Dallas Buyers Club
How do entrepreneurship and crony capitalism intersect with federal regulation and the Food and Drug Administration in Dallas Buyers Club? This is a fascinating video that covers a wealth of economic concepts while referencing the recent...
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Comparative Advantage Practice: Output and Input Questions
Delve into the economic concept of comparative advantage and guide your learners through the process of completing a corresponding input and output chart, using instruction and tips from this resource as a reference.
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Green Eggs and ...Economics?
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
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Economics Concepts
Students relate economics and government policies. In this instructional activity, students explore the relationship between economics and government policies. They understand how the economy works and can make better decisions as it...
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Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
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Popcorn Economics
Scarcity of resources is a fundamental economics concepts that kids need to understand. You'll use a large bag of popcorn to demonstrate this concept. Have the class come up row-by-row to fill their snack bags with popcorn. By the last...
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Baseball Economics 201
Is it possible to be an underpaid millionaire? Using the economic concepts behind the salaries of Major League Baseball's athletes, scholars investigate profit and production. By comparing the success of a baseball team as tied to wins,...
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Once Upon a Dime: Middle School Lesson Plan
Once Upon a Dime ... a group of middle schoolers wanted to learn about economics! Teach them complex economic concepts like supply and demand through a resource that effectively simplifies the explanations. Pupils work through various...