Incentive and choice Teacher Resources

Second graders explore financial decision making. In this introductory economics lesson, 2nd graders listen to the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst, and discuss making financial choices based on wants and...

Students examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.

How does the modern television show House of Cards and its dramatization of a power-hungry congressman in American government illustrate public choice theory—the concept that politicians retain personal interests after being elected into...

Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish....

Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...

Learners write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.

Class members begin this engaging economics activity by listing all the resources used in the production of a car, and use that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources,...

Students examine the voting behavior of people during a presidential election to determine costs and the benefits of voting and how this behavior is influenced by incentives.

Economic business cycles and predictable market change can be tracked using statistical data. Try a 10 question quiz to test your class on economic indicators, business cycles, and the GDP.

Learners examine how price affects decisions about purchasing goods and services and how positive and negative incentives influence behavior in the market economy. In this impact of price and purchasing decisions lesson plan, students...

One page of multiple choice and matching questions assess understanding of basic economics concepts like free enterprise, private property rights, and profit motive. Even though this quiz is intended to accompany a specific textbook, it...

Have you just finished a chapter on the four stages of production? If so, you'll be able to hand out a short pop quiz. There are 10 questions total, all related to production economics. 

Students use economic reasoning to analyze both the short-term and long-term benefits and opportunity costs of educational choices, identify incentives that may influence students' career decisions and solve an "economic mystery"

Pupils explore profit and risk. In this economics lesson, students read about McDonald's and Nabisco stock and discuss the risks and rewards of stock ownership. Printable worksheets ask questions about rights of stock owners and the...

Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.

Give your honors economics class a head start with a three-page study guide focused on tax and spending in the US. There are 10 graphs to analyze along with 36 fantastic guiding questions. Maybe your A students can do your taxes this year!

Students participate in a scenerio in which they are assessed on the material in previous lessons. In groups, they prepare a presentation based on their solutions to the given problem. They develop their critical thinking skills applying...

Twelfth graders develop economic literacy of basic economic problems confronting all societies. Economic decision making, scarcity to make choices, economic confronts, market system, prices, demand curves and supply curves are all covered.

How does the economy affect the environment—and vice versa? A video from Crash Course Economics discusses the ways supply and demand for products made with non-renewable resources can result in the Tragedy of the Commons, or even in the...

Fifth graders design a web page. They include features he or she would typically like to see when visiting web pages. They title the topic of the web page "Features That Make a Great Web Site." They explain that there are incentives...

Young scholars identify what motive people. They will learn about both positive, and negative incentives. They will use this knowledge to make predictions about how people will behave. They will apply this knowledge to economics.

From consumers and producers to profits and incentives, offer your learners an overview of the market economy and the concept of supply and demand. Here you will find reading materials that cover several fundamental terms of economics,...

High schoolers explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development lesson, students watch a video from the Nightly Business Report and explore what all it takes to make...

Twelfth graders study micro- and macro-economies. They examine theories about fiscal policy and the relationships between consumption and output, tax policy and government spending changes. They also consider how economic perspectives...