This lesson plan helps students understand the role consumer demand plays in the market system, i.e., how interactions in the marketplace help determine pricing. Students will participate in an activity that demonstrates the concepts of demand, demand schedule, demand curve, and the law of demand. The lesson plan provides student objectives;…

Presents a diagram for figuring the value of time into an individual's labor-supply decisions and the time intensiveness of the individual's consumption patterns. Seeks to make the integration of differing time values with leisure income choices more understandable for students. (DK)

This issue focuses on commodities trading as an essential economic tool. Activities include critical thinking about marketing decisions and discussion on how futures markets and options are used as important economic tools. Discussion questions and a special student project are included. (EH)

This booklet focuses on the economic concept of "value added" to goods and services. A student activity worksheet illustrates how the steps involved in processing food are examples of the concept of value added. The booklet further links food processing to the idea of value added to the Gross National Product (GNP). Discussion questions,…

The analysis of public goods is presented with a discussion of the rules for fertilizer and pesticide storage units in Indiana. A basic rule summary is presented with descriptions of the types of dikes that might be considered for containment. Estimated costs are projected along with the number of contained liquid fertilizer spills by size in…

Analysis of the world market and trade deficits and surpluses are used to examine global economics. The GATT (General Agreement on Tariffs and Trade) is discussed and presented with the various perspectives on the agreement. A forecast for economics of the '90s and a quiz are included. (EH)

Comparisons of average food prices and hourly wages based on 40-hours work week in various capital cities of the world are presented. Such factors as mechanization, chemicals, and improved genetics have resulted in greater productivity, fewer but larger farms, and hardier plants and animals. The economic effects are discussed as they are felt by…

Forty-seven elementary school teachers, librarians, curriculum specialists, and administrators participated in a research oriented education course that consisted of 15 television programs designed to help elementary school teachers and students analyze and understand economic concepts. Teachers also: (1) viewed programs with students; (2) used a…

This curriculum guide is intended to provide classroom teachers with an easily adaptable consumer education program that is appropriate for use with students in grades K-adult. In the first part of the guide, various consumer educational concepts are listed by grade and then by subject area. Discussed next are the suggested scope and sequence of…

Recommends reviewing the 1958 debate between P. A. Samuelson and J. R. Minasian over the controversy involving tax-financed television versus pay-TV. This exercise is a lively way to introduce students to the issue of exclusionary devices for public goods. Includes graphical analysis and excerpts from the original debates. (MJP)

Correlated to the Economics and Entrepreneurship Teaching Strategies Master Curriculum Guide, this book features 66 student activities, case studies, comprehension quizzes, and lessons related to economic concepts. Designed for high school students of economics, social studies, and business education, this curriculum guide combines study of basic…

Briefly defines and provides some background on Eugen von Bohm-Bawerk's "marginal pairs" theory of pricing. Asserts that Bohm-Bawerk's theory is a good introduction to the Austrian school of economics and illustrates the differences between this approach and neoclassical economic theory. Includes several graphs and tables of data. (MJP)

This resource book is intended for a one-semester model course for high school economics for eleventh- and twelfth-grade students. The seven units in the book are linked to content ordinarily found in microeconomic and macroeconomic courses. Each unit contains 5 to 11 lessons, an author's note to the teacher, an author's letter to the students,…

This unit utilizes an interdisciplinary approach to economics education for children in middle school. The focus is on consumer awareness and there are four sections of learning activities and suggestions, one for each of the core disciplines: language arts, social studies, science, and math. The unit gives students experiences with concepts…

Sharply criticizes current free market practices especially in light of the globalization of capitalism. Maintains that a laissez-faire approach to the allocation of resources and consumer choices is no longer relevant in a world defined by an increasing disparity between rich and poor. (MJP)