There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more. An all-in-one learning object repository and curriculum management platform that combines Lesson Planet’s library of educator-reviews to open educational resources with district materials and district-licensed publisher content. If you are preparing your economics class for a final exam, this tool could be very helpful. This lecture-based video covers the value of money, monetary exchange, production consumption economy, and exchange rates. Identify the difference between a need and a want. Lesson Plan 2: Circular Flow and the National Economy. The last two slides include two multiple choice questions. Wants and needs are the basis of most economic exchanges. Economics Education Lesson Plans grades K-5. Share My Lesson members contribute content, share ideas, get educated on the topics that matter, online, 24/7. Kids examine what economic factors affect the unemployment rate, and what data shows for different US... Trade, exchange, and price are the focus of this basic economic video. Share My Lesson is a destination for educators who dedicate their time and professional expertise to provide the best education for students everywhere. TIME VALUE OF MONEY Economic business cycles and predictable market change can be tracked using statistical data. Individuals create their own economic humor to present to the class—with the assistance of Daryl Cagel's online... Economics can be hard to explain and not very interesting for learners. Intellectual property is a whole new, fast growing field of law. Scholars analyze underemployment and what it takes to potentially out-price yourself for a job. Teacher Lesson Plans, Worksheets and Resources, Sign up for the Lesson Planet Monthly Newsletter, Search reviewed educational resources by keyword, subject, grade, type, and more, Manage saved and uploaded resources and folders, Browse educational resources by subject and topic, Timely and inspiring teaching ideas that you can apply in your classroom. It discusses the economic and societal benefits of graduating from college, the reasons for increased... Introduce basic economics to your students with this PowerPoint, focusing on goods and services. First, learners read a short selection about how economies are organized.... Is it possible to be overqualified for the current job market? The seven-episode collection defines intellectual property, and covers the complexity of... Before beginning any lesson, learners need to have a basic understanding of the terminology commonly used in that content area. Teaching Economics Using Children's Literature (Philadelphia Fed) Trouble is Brewing in Boston (interactive lesson, colonial economics) Teaching Economics as if People Mattered. In this Economic Bill of Rights lesson plan, 12th graders explore consumer rights, individual economic decisions, and basic economic principles. Animated videos, colorful graphics, and catchy examples help young economists gain an understanding of the Federal Reserve and its role in the Reserve System. Lesson Plans To find FTE activities and lessons, please select from the different search options. A short video lesson outlines economic growth and researches job trends.... Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Free Lesson Plans for Economics. Address the question that nearly all high schoolers ask themselves with a helpful economics video. Humor offers a great tool teach the basics of economics to scholars via video clips, satire, and political cartoons. Save time lesson planning by exploring our library of educator reviews to over 550,000 open educational resources (OER). Once your economists understand the basics about buying and selling, introduce them to the 3 types of economies with this reading comprehension learning exercise. Share My Lesson members contribute content, share ideas, get educated on the topics that matter, online, 24/7. Each slide provides clear information regarding new imperialism occurring from 1875-1948. Economics after the Great Depression and the effects of the Great Depression on the US economy are covered in 10 questions. These lessons, lesson plans, and worksheets will introduce your students to consumer economics and very basic economic principles, while reinforcing other basic skills such as money recognition and basic math. 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,... Twelfth graders examine government spending. Economic theory is used to describe whether exchange occurs, which relates to human wants and mutually beneficial exchange. Read all about the various types of unemployment and the United States is are currently at the low-point of an unemployment cycle. Share My Lesson is a destination for educators who dedicate their time and professional expertise to provide the best education for students everywhere. What is Economics? Jokes, Quotations, and Cartoons in Economics, Basic Economics Lesson 3 - Prices and Production, Focus on Economic Data: US Employment and the Unemployment Rate, March, 2012, Basic Economics Lesson 2 - Exchange and Prices, Economics Lesson 4: Understanding Markets, Episode 8, Segment 2: The PPF Illustrates Underemployment, Economic Expansion, and Economic Growth, Imperialism: Beginnings and Basic Structure, Factors of Production and Economic Decision-Making, Supply and Demand Curves - Basic Economic Concepts. A comprehensive online edtech PD solution for schools and districts. Lesson Plan. It includes examples of both economic factors from food to helping sick people. A great presentation awaits young historians as they delve into the causes, types, and motives for British Imperialism. Build basic economic vocabulary with this resource. Economics Education Lesson Plans grades 6-12. WHAT IS ECONOMICS? Basic Economics Lesson 1 - Humans Act For Teachers 9th - 12th Basic economics, according to this narrator, is based on human actions. Lesson Plans from the Federal Reserve Bank of Philadelphia. Videos (Over 2 Million Educational Videos Available), Women's History Activator: Eleanor Roosevelt. Note: The video is not very engaging. The basic ideas is that non-physical property or a novel idea can be owned owned. This video does a good job of explaining economic theory with clear examples, but it doesn't captivate its viewers.