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Paraffin-alia
  • Currently 3.00/5
 
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, ... more »
Grades: 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
The Road to Emerald City Is Paved with Good Intentions
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'The Wizard of Oz' is perhaps the most popular film ever made. Generations of families have enjoyed this classic tale of Dorothy's struggle to return home from a faraway land. What is not well known, however, is that 'The Wonderfu... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Time Value of Money
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Suppose your brother or sister owed you $500. Would you rather have this money repaid to you right away, in one payment, or spread out over a year in four installment payments? Would it make a difference either way? more »
Grades: 6-8, 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
The Early 1980s: A Tough Time For Home Builders and Mortgage Bankers
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Have you ever thought of how much it might cost you to finance the purchase of a home? The home's purchase price is likely to be many times the yearly income of the typical household. If families waited until they had accumul... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Economic Freedom, Political Freedom: Their Meaning, Their Results
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The Declaration of Independence, the Constitution and the first ten amendments to the Constitution (the Bill of Rights) reflect the United States founders' desire for individual freedom and their opposition to the centraliza... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Y2K, Currency, Banking, and the Fed
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Almost everybody has heard about the Y2K problem. It has raised fears about everything from the security of our water supply to the threat of missile attacks triggered by computer glitches. Some of these threats seem pretty f... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Jesse 'The Body' Wants to Give Money Away!
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During his campaign for governor of the State of Minnesota, former professional wrestler Jesse "The Body" Ventura, promised to return to the taxpayers of Minnesota the budget surpluses that had been accumulating in the state. Upon... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Population Growth: Friend or Foe?
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The environment has recently been the focus of much research and discussion. Because productive resources are limited, it is important that we use resources wisely to ensure that resources will be available for use in future... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Social Security Gains Two More Years
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You've heard your parents talk about Social Security, and perhaps you have a grandparent who counts on receiving a Social Security check every month. Will you be able to count on Social Security, too? Many people believe tha... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
US and EU Go Bananas Over Trade
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Your task is to become more informed about the 'Banana War,' to develop an understanding of the issues at stake, and to compose an e-mail letter the the World Trade Organization outlining what you think should be done about the... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Economic Indicators
  • Currently 4.00/5
 
How do economists make their forecasts about the U.S. economy? What are the economic indicators that help forecast economic activity and business cycles? In this lesson you will be able to retrieve up-to-date, key economic statist... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Rationing Transplants: An Ethical Problem
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On November 1, 1999, Walter Payton, former Chicago Bears running back, died waiting for a liver transplant. Payton's death re-opened the nation's attention to the issue of organ donation. The National Organ Transplant Act of 1984 ... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Money is What Money Does
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Throughout history, a wide variety of items have served as money. These include gold, silver, large stone wheels, tobacco, beer, dog teeth, porpoise teeth, cattle, metal coins, paper bills, and checks. All of these types of money... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
To Keep the Strike Going or to End It? That Was the Question
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According to the Merriam Webster's Collegiate Dictionary, tenth edition, the term "strike" is defined as a "temporary stoppage of activities to protest against an act or condition." This is what the NBA players... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
The Euro Makes its Debut
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On Jan. 1, 1999 11 European countries united in the European Monetary Union. The new single currency bloc includes almost 300 million consumers and creates the second-largest economy in the world. How will this new union affect th... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
One Country / Two Systems
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It has been one and a half years since British rule ended in Hong Kong and control of the city was returned to China. Under the Joint Declaration, Hong Kong is guaranteed a high degree of autonomy from China for fifty years a... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
If You Hear a Hoot, Then This Site is Kaput
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Should the Endangered Species Act of 1973 be left alone so the legal system is left to decide the toughest cases? Should the Endangered Species Act of 1973 be revised in order to increase economic growth without endangering listed... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
The American Standard of Living - For Better or For Worse
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Is the distribution of income in the United States becoming more unequal? Does the average American today have a higher or lower standard of living than the average American of a generation ago? Will the next generation have a hig... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Economy in Transition: The Ukraine
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Seven years into its life as an independent state, Ukraine seems to be lagging behind other post-Soviet countries in economic development. News stories describing living conditions and political infrastructure are indicative of an... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson
Eco-terrorism in Vail, CO
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The Earth Liberation front admitted responsibility for blazes set early Monday morning, October 20, 1998 in the ski village of Vail, Colorado. What are some other viewpoints on the Vail expansion and eco-terrorism? Are ther... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

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