Economics, Business Lesson Plans
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- Baa,
Baa, Black Sheep, Have You Any Goods?- Students
will relate to their consternation and enjoy making predictions about
the solution they find to their dilemma.
- Barter,
Interdependence, and Specialization- Students will understand and
be able to describe the economic specialization and interdependence
involved in the production and consumption of goods and services.
- Canadian
Currency- In this lesson, students will learn about Canadian currency
and the ways in which it differs from American currency.
- Check
Balancing- To give students the opportunity to get familiar with
balancing a check book.
- Chocolate
Peas or Chocolate Chicken?- The students will define opportunity
cost of a decision as what has been given up.
- Citizen
Carter As President- Presidents often outline
their goals in their inaugural addresses.
- Conceptual
Analysis in Economics- The purpose of this activity is to involve
students in making decisions and pursuing their own interests within
a social and economic environment.
- Consumer
Borrowing and Saving- : To give students the needed background in
the positive and negative aspects of credit, its impact upon individuals
and the nation, and practical knowledge and understanding of the wise
use of credit.
- Consumption
Lesson Plans- Students will identify consumers as people who decide
what goods and services to use to satisfy wants.
- Crude
Awakenings- In this lesson, students first discover the tensions
that have recently caused the price of crude oil to skyrocket.
- Data
Processing- In this lesson, students explore the application of
Geographic Information Systems, or G.I.S., in a variety of businesses
and organizations.
- Diamonds
Are Forever Fueling Civil Wars- In this lesson, students first explore
the failures of the United Nations embargo on "conflict diamonds" from
Sierra Leone. Students then participate in a trading game in which they
explore the international trading system and the ways in which it rewards
and punishes countries.
- Division
of Labor- When studying about the Industrial Revolution and its
effects on workers and productivity a short simulation will help students
understand why the concept of division of labor was utilized in the
fledgling industries.
- Dot-Commerce-
In this lesson, students analyze the impact that
e-commerce has in their community, as well as in small traditional communities
that one might not expect to be part of the dot-com marketplace.
- Eisenhower
and the Cold War- Reporters may skew the news by playing up certain
parts of a news conference and playing down other parts.
- Eisenhower
and the Politics of Change- The United States faced several significant
domestic and international problems in the 1950s.
- Entrepreneur-
This activity involves students with economic factors at a local level.
- Europe's
petroleum problems- Determine the best solution for the petroleum
problem in Europe.
- For
Rent- Describe the relationship between available resources and
the production of goods and services.
- Free
Enterprise: Business Magazine Project- The project is a group assignment
that utilizes some aspects of cooperative learning. It has the capability
to allow students to include computer graphics and, if the technology
is available, hypermedia.
- Goods
and Services- Students will discuss the differences between goods
and services.
- Government
and Economics: The Ties that Bind- The purpose of this activity
is to expand the understanding of students in the areas of both economics
and government. It is to also show the relationship between these two
subjects and how, over the course of time, our views regarding these
two subjects has changed.
- Hack
Attack- In this lesson, students explore the
recent hacker attacks on e-commerce sites by comparing and contrasting
security issues in traditional commerce and e-commerce companies, determining
solutions for security issues that face both types of companies, and
assessing which type of company is more secure.
- Interpreting
Economic Indicators- Students will access US Census Bureau by locating
its internet site, and interpret individually five random listed indicators.
Students will then develop hypotheses as to the potential impact these
indicators had on the business cycle as compared to the GDP statistics.
- Introduction
to Business- The purpose of this activity is
to reinforce their knowledge of the current material we covered in class.
As an example lets say we covered material concerning wants/needs. An
activity as the one described below will allow me to check their understanding
of wants vs need.
- Investing
101- Students will identify and define key concepts in the Stock
Market. Play the Stock Market Game on the Harcourt Website.
- Island
Simulation- Students are required to prepare
a concept map to check their understanding of the topic - how it will
relate to their lives - significance of the activity.
- Manifestations
of the Manifesto- In this lesson, students explore
the workings of the FARC, a Marxist guerilla group in Colombia, as well
as learn the basics of Marxism.
- Micro
Economics: Personal budgeting- The purpose of the class is to show
students that life in the "real world" away from the secure confines
of home is drastically different.
- Opportunity
Costs- Students will be able to interpret the meaning of choices,
in particular opportunity cost, to develop their decision-making skills.
- Running
of the Bulls- In this lesson, students examine what might be in
store for Wall Street following the Nasdaq's 547.57 point plunge on
Tuesday, April 4, 2000. Students then evaluate how they might manage
a heavily laden high-tech portfolio before deciding how to invest an
imaginary $10,000 in the market.
- Savings Account Online
Guide- a site for anyone considering placing any money in an Savings
Account Online, regardless of the sum of money.
- Scarcity-
Students will understand that we all have more wants than we can satisfy;
scarcity requires us to make choices regarding our wants; our choices
are influenced by our tastes, values and habits; that choice-making
also involves understanding what the alternatives are, accepting consequences
and understanding that we can not have everything we desire.
- Summer
Wood- Students will demonstrate the process of bartering by exchanging
with another child an item that is more valuable to them.
- Supply
and Demand- This lesson allows for personal involvement in the concept
of supply and demand which helps the students see how it relates to
their everyday life.
- Supply
and Demand Lesson Plans- Students will understand that in a market
economy, the forces of supply and demand set the prices at which exchanges
take place. They will learn that people's wants stimulate production,
and that people benefit from trade.
- Taking
stock of the market- Determine the overall performance of the stock
market during their lifetime and make predictions about future performance.
- Teaching
Basic Banking Principles- An understanding of
banking is important for our students as we face the monetary situation
of the coming years. This lesson is a good tool for getting them started.
- The
Big Green Pocketbook- Students will demonstrate an understanding
of the historical development and current status of economic principles,
institutions and processes needed to be effective citizens, consumers,
and workers in American society.
- The
Color of Money- In this lesson, students explore the success of
members of racial and ethnic minorities in the business world through
discussing a related New York Times article.
- The
School Store- To understand the need to define categories of store
items as a fundamental part of the organization of the store.
- U.S.
debt reduced- Students will explain what is meant by national surplus
and national debt. Students will discuss the ways in which the national
surplus can be used, and how those choices can impact different groups
of people.
- U.S.
debt reduced- Students will explain what is meant by national surplus
and national debt. Students will discuss the ways in which the national
surplus can be used, and how those choices can impact different groups
of people.
- Uncle
Jed's Barbershop- Students will demonstrate an understanding of
the historical development and current status of economic principles,
institutions, and processes needed to be effective citizens, consumers,
and workers in American society.
- Understanding:
Cities- Looking at a 50-year span of census figures helps us see
trends within a city and across cities.
- Ups
and Downs of the Stock Market- To introduce students to the ups
and downs of the stock market.
- What
Is Currency? Lessons from Historic Africa- A great tie-in with history.
- Working
It Out- In this lesson, students participate in a simulation in
which they are arbitrarily assigned different work roles (cleaners,
line workers and supervisors) and compare their experiences to those
discussed in a New York Times article about the racial divisions that
exist among work tasks in a pork production plant.
- You
Can Bank on It- In this lesson, students learn about the impact
of the recent J.P. Morgan/Chase Manhattan merger.
- You
have to give up something!- The students will write down which items
were opportunity costs and why they chose those particular items.
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