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Satisfaction Please! (Part 2)

Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to...
Key Concepts: Consumers, Economic Institutions, Incentive…

Fewer Watts and Fatter Wallets

Students learn about incentives for alternative energy programs and the role played by non-price determinants in energy choices.
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Incentive

Agent Pincher: The Case of the UFO

Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes...
Key Concepts: Balance of Trade and Balance of Payments, Foreign Exchange, Money…

Credit for Beginners

This lesson focuses on teaching students the basics about credit. It explains why credit is important, how to keep good...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis

The Grasshopper and the Ant

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest...
Key Concepts: Balance of Trade and Balance of Payments, Consumers, Decision Making/Cost-Benefit Analysis…

Sand Art Brownies

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a...
Key Concepts: Decision Making/Cost-Benefit Analysis, Scarcity

What Face do you Use?

The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for...
Key Concepts: Money, Trade, Exchange and Interdependence

Collecting for Fun . . . and Profit?

Art, baseball cards, coins, comic books, dolls, jewelry and stamps are just a few examples of the many things people...
Key Concepts: Balance of Trade and Balance of Payments, Demand, Investing…