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Practical Money Skills
Making Decisions
A set of quizzes and assessments would make a great companion to your lesson on making decisions and opportunity risks. Learners watch a PowerPoint before answering multiple choice questions about interest rates, saving money, and the...
Curated OER
Making Choices
Second graders explore financial decision making. In this introductory economics lesson plan, 2nd graders listen to the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst, and discuss making financial choices based on...
Visa
Savvy Spending: Sharpening Money Decisions
Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource...
Curated OER
Susan's Choice
Young economists explore opportunity cost by counting how much money Susan has in her piggy bank. From here, they are challenged to help Susan make a choice about what she can buy with her money.
Council for Economic Education
You Can BANK on This! (Part 2)
This is part two in a four-part instructional activity on banking and personal finance. In this instructional activity, learners analyze whether or not they have made a good purchase, then discuss how to make an informed decision about a...
Federal Reserve Bank
Glo Goes Shopping
Making decisions can be very difficult. Show your class one way to evaluate choices with this lesson, which is inspired by the book Glo Goes Shopping. Learners practicing using a decision-making grid with the content of the story and a...
Visa
Making Decisions
What economic factors can influence personal and financial decisions? In an effort to understand opportunity costs and the time value of money, pupils engage in role-playing activities and discussion, as well as view a PowerPoint...
Curated OER
Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
Curated OER
Scarcity, Choice and Decisions
Students study the basic economic trilogy (scarcity, choice, and costs). In this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...
Practical Money Skills
Making Money
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough lesson on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Federal Reserve Bank
Choices Are Everywhere: Why Can’t We Just Have It All?
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics.
Beyond Benign
Decision Graphic Introduction
E is for economics, environment, and social equity. The fifth installment of a 15-part series has scholars first considering ecological impacts, such as determining how much water it takes to produce a can of soda. They then use decision...
Curated OER
Making Choices
Pupils solve word problems relating to economic choices. In this economic choices lesson, students discuss the importance of budgeting and how to save money. Pupils complete a economic choices worksheet.
Curated OER
Making Good Money Choices
Students determine how to spend donated money. In this money choices lesson, students explore the needs of the community. They determine the best use of donated funds for a good cause or charity. Students play a bingo game to reinforce...
Curated OER
Money Smart Choices
Students make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal budgets.
Curated OER
Scarcity and Choice
Students participate in a role play as producers of two goods, allowing students to experience scarcity. They make choices about using their scarce resource to produce both or one of two goods. Then they construct...
Practical Money Skills
Shopping Wisely
Work on making good shopping choices with a fun economics project. Kids analyze the differences between brand names and generic products, bigger and smaller units for purchase, and different places they can shop for different items.
Curated OER
Smart Consumers, Smart Choices
Learners see what it means to be a smart consumer by engaging in a level-headed analysis of budget, opportunity costs and self-regulation. They compare prices within a service field, and weigh the choices of spending money on that item.
Curated OER
Making Good Money Choices
Student explore an economic-decision making model to decide where to donate money they have collected. In this philanthropic money lesson, students develop a plan for raising money and then decide how to best spend it for the most...
Curated OER
Calculating Simple Interest
Interest can be both a best friend and an enemy...show your learners how it can manifest through this set of 10 word problems. For each, they calculate time, principle, interest, or rate and choose an answer from multiple choice...
Curated OER
Making Good Money Choices
Students identify the needs of their community. In this communities lesson, students use a decision-making model worksheet to determine what community service project they should donate to. Students count the money they have to donate...
Curated OER
Global Warming
A series of independent learning activities teaches learners about global warming as it relates to economics and industrialization. The culminating project requires them to create a multimedia presentation identifying the problems,...
Curated OER
Lesson on economic value of education
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"
Council for Economic Education
Sand Art Brownies
Which is better, Coke or Pepsi? Pupils analyze the concept of substitute goods as they investigate the choice to purchase alternate products for better prices. Fun and practical, the engaging shopping exercise helps savvy scholars get...