Lesson Plan
Curated OER

Chapter 21: Consumer Behavior and Utility Maximization

For Teachers 10th - 12th
Who knows why consumers act the way they do? After viewing this presentation, your class will - and they will also know how to optimize consumer behavior. Prepare your young captains of industry for their place in the world of business...
Lesson Plan
Curated OER

The Rising Cost of Health Care: Is there an explanation?

For Teachers 12th
Twelfth graders explore rising health care costs and the Law of Diminishing Marginal Utility. They participate in an activity that demonstrates the Law of Diminishing Marginal Utility. Students read the may 27, 2005 Economic Letter and...
Lesson Plan
Curated OER

Spraying Strawberries

For Teachers 9th - 12th
Students examine the concept of dimishing marginal productivity. They role play the role of a farmer who has to decide how many times to spray his strawberry crop. They complete a chart and discuss the results.
Lesson Plan
Curated OER

Spraying Strawberries

For Teachers 10th - 12th
Students decide how many times to spray a strawberry crop. They apply marginal analysis and discover the "law of diminishing returns."
Lesson Plan
Curated OER

Marketing Occupations

For Teachers 11th - 12th
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
Lesson Plan
Curated OER

The Great Depression

For Teachers 9th - 12th
Students use Using specific examples, compare and contrast how President Hoover and President Roosevelt responded to the Great Depression through relief, recovery and reform. They evaluate whether their attempts were successful.
Lesson Plan
Council for Economic Education

Econ Ed Link: Utility

For Teachers 9th - 10th
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.