This resource, the CPI inflation calculator, uses the average Consumer Price Index for a given calendar year. This data represents changes in prices of all goods and services purchased for consumption by urban households. This index value has been calculated every year since 1913. For the current year, the latest monthly index value is used.

In this lesson, students listen to a story about P.B., who thinks money is missing from the peanut butter jar on his window ledge. Students also learn about currency equivalency and measurement concepts.

These questions are used to discuss bank, income, interest, saving, and spending in the story, The Case of the Shruken Allowance.

In this lesson, students will be able to describe the economic and entertainment purposes of the NC State Fair, create a premium list, and generate their own classroom fair.

In this lesson, students will identify a variety of jobs that people perform and determine for each job whether it provides a service or good and explain the importance of having businesses that provide services and goods in their community.

Now that we’ve spent time talking about what a community is and then exploring them, the conversation of this chapter is focused around the compelling question “How do people work together in a community?” On the one hand, this question appears rooted in civics, but the content we cover is rooted in economics. Students have already learned about needs and wants, and consumers and producers in earlier grades, and now we introduce an economic term “scarcity”. You may choose to review the concepts of needs vs wants before introducing this term.

This activity allows students to practice what they learned about the Factors of Production by creating their own business.  Students use economics vocabulary to help plan their business and identify the three main elements of the Factors of Production.  The activity includes an illustration component for students to illustrate the Factors of Production along with drawing a finalized version of their business.

Duke Professor and behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we're not as rational as we think when we make decisions.

Students design and conduct research to discover firsthand what type of fish is being sold in their community, where this fish comes from, and whether that fish is an overfished species. This lesson gives students a chance to do their own market research and discover first-hand what type of fish is being sold to the public. It also provides an introduction to fish as an important food source and as an industry controlled partly by supply and demand. The results that emerge from this lesson will likely lead your students to question the role of public education in seafood choices for sustainable fisheries.

Students learn that voluntary exchange is based on the fact that both sides expect to gain from trade and that exchange is made easier by the creation and use of money. Individuals and societies organize themselves to answer basic questions such as, How will goods and services be produced?

This resource provides information and links on major economic indicators of the United States.

This lesson will introduce students to identifying wants and needs, what is a budget, and how do personal preferences affect/influcne speending habits.

Understanding economics will help to make you a more successful person. Economics is a broad subject, just like any academic topic, that can be pursued from undergraduate programs at the university level, all the way to doctoral programs that require upwards of seven years of research to complete. However, our goal is to give you the most important basics of economic thinking so that you can not only earn an “A” in your high school economics class, but also learn how to be a more effective earner, saver, spender, and citizen.

In this economics unit you will explore how buyers and sellers meet together in markets to trade. Also you will look at the process of how prices are determined. Next, you will take a special look at what equilibrium is in economics as well as how it responds to a change in certain factors that affect supply or demand. Finally you will be asked to judge the fairness and efficacy of how equilibrium is reached in current American markets.

This resource is an article which provides reports from surveys about quality of life.

For this activity, students learn that a bank account offers security and a return on their savings.

Students will use an online game to learn how bartering works and why people chose to use money systems instead.

This resource explores the European Union's purpose, how it was set up, and the future of the euro. The lessons opens as a download.