| Level |
Lesson
|
Concepts |
Lesson Description
|
Content Areas |
Nebraska Standards |
National Standards
|
| Grades: K-2 |
Why We Save |
Choice, Money/Exchange, Saving, Spending, Opportunity cost |
Lesson 8, Personal Finance Economics K-12: Pocketwise. (PDF Format) Copyright ©1996, National Council on Economic Education, New York, NY 10036. Used with permission. |
Personal finance |
NE Standards: SS 1.6, 1.7,1.8 |
US Standard: 1, 2, 5, 11;
Benchmarks:
|
| Grades: 1-3 |
If you Give a Mouse a Cookie |
Goods and Services |
A little mouse shows up at a young man's house. The young man gives the mouse a cookie and starts a chain of events. Learn about unlimited wants, and goods and services. . ©SPEC Publishing. |
Language Arts |
NE Standards: SS 1.6 |
US Standard: 1, 3;
Benchmarks: 1, 2, 3, 4, 5, 6, 7
|
| Grades: 1-3 |
The Goat in the Rug* |
Producers/Production, Resources-Human/Natural/Capital |
Geraldine, a goat, tells the story of a Navajo weaver who produces a rug using the goat's mohair. Learn about economics: producers, resources (natural, human, capital), intermediate goods; and Language Arts: Categorizing, sequencing, noting details, writing personal narrative. ©SPEC Publishing. |
Language Arts |
NE Standards: SS 1.6, 1.7 |
US Standard: 1, 3;
Benchmarks: 9, 10, 11, 12, 14, 15, 73
|
| Grades: 3-5 |
Why Do I Want All This Stuff? |
Demand, Consumers/Consumption |
Lesson 4, Personal Finance Economics 3-5: Smart Saving and Spending. Copyright ©1996, National Council on Economic Education, New York, NY 10036. Used with permission. |
Personal Finance |
NE Standards: SS 4.8 |
US Standard: 2, 7, 8;
Benchmarks:
|
| Grades: 4-6 |
Homer Price (the Doughnuts)* |
Resources-Human/Natural/Capital, Factors of Production, Productivity |
The doughnut machine goes on a rampage making hundreds of doughnuts. Learn about capital resources, increasing productivity, law of demand, quantity demanded, and Language Arts: using reference materials, oral expression, organizing and sequencing information. ©SPEC Publishing. |
Language Arts |
NE Standards: SS 1.6, 1.7, 4.8, 4.9 |
US Standard: 1, 7;
Benchmarks: 1, 2, 3, 4
|
| Grades: 4-6 |
Nebraska Entrepreneur Success Stories, Lesson 1, (PDF) |
Entrepreneurs |
Selected lesson from a curriculum guide focusing on Nebraska entreprenuers. (PDF format) Creating your Own Career: Economics Lessons for Secondary Teachers, Authors: Derry Trampe, Chuck Parker, Tammie Fischer, and Mary Lynn Reiser.
©Nebraska Council on Economic Education |
Economics, history |
NE Standards: SS 4.2, 4.3, 4.8 |
US Standard: 14;
Benchmarks:
|
| Grades: 4-6 |
Nebraska Entrepreneur Hometown Heros, Lesson 10, (PDF) |
Entrepreneurs |
Selected lesson from a curriculum guide focusing on Nebraska entreprenuers. (PDF format) Creating your Own Career: Economics Lessons for Secondary Teachers, Authors: Derry Trampe, Chuck Parker, Tammie Fischer, and Mary Lynn Reiser.
©Nebraska Council on Economic Education |
Economics, history |
NE Standards: SS 4.2, 4.3, 4.8 |
US Standard: 14;
Benchmarks:
|
| Grades: 4-6 |
Popcorn Economics |
Scarcity |
Lesson using popcorn to teach, and to help students experience, scarcity. Lesson by Mary Suiter, adapted from a lesson found in Kaleidascope, USA. Published by the Center for Entrepreneurship and Economic Education, UM-St. Louis. |
Economics |
NE Standards: SS 4.8, 8.3.5 |
US Standard: 1;
Benchmarks:
|
| Grades: 4-6 |
The Real McCoy* |
Productivity, Entrepreneurs |
Elijah McCoy was an African-American inventor who successfully designed an automatic oil cup that may have inspired the popular phrase, "the real McCoy." Learn about increasing productivity and patents. ©SPEC Publishing. |
Language Arts |
NE Standards: SS 4.2, 4.3, 4.8 |
US Standard: 1, 12, 14;
Benchmarks: 1, 2
|
| Grades: 6-8 |
M and M Interesting. |
Trade-offs, Opportunity Cost, Incentives |
Lesson 4, Personal Finance, Economics 608: Money in the Middle. Copyright ©1996, National Council on Economic Education, New York, NY 10036. Used with permission. |
Personal Finance |
NE Standards: SS 8.3.5 |
US Standard: 2, 6, 15;
Benchmarks:
|
| Grades: 6-8 |
Give and Take** |
Opportunity Cost, Trade-offs, Choice |
After reading about a problem, students identify alternative solutions, trade-offs made in choosing each alternative, and the opportunity cost of selecting each option.. Students describe trade-offs and create a graphic. Unit 1, Lesson 2 from Focus: Middle School Economics, ©National Council on Economic Education. |
Mathematics |
NE Standards: SS 8.3.5 |
US Standard: 1, 2, 4;
Benchmarks: 1
|
| Grades: 6-8 |
Popcorn Economics |
Scarcity |
Lesson using popcorn to teach, and to help students experience, scarcity. Lesson by Mary Suiter, adapted from a lesson found in Kaleidascope, USA. Published by the Center for Entrepreneurship and Economic Education, UM-St. Louis. |
Economics |
NE Standards: SS 4.8, 8.3.5 |
US Standard: 1;
Benchmarks:
|
| Grades: 6-12 |
What is a stock, or who owns McDonald's?** |
Profit, Choice |
Students will explore the fundamentals of stock ownership. They discuss how stock owners share the risks and rewards of purchasing stocks. Lesson 3 from Learning for the Market: Integrating the Stock Market Game Across the Curriculum, ©National Council on Economic Education. |
Business, Social studies, Language Arts |
NE Standards: SS 8.3.5 |
US Standard: 2, 4, 14;
Benchmarks: 1
|
| Grades: 6-12 |
Why Nations Trade** |
Barter/Trade, Opportunity Cost, Comparative Advantage |
After discussing the concept of comparative advantage, students in small groups engage in a simulation on the economic costs and benefits of trade. Lesson 3 from Focus on Economics: Geography, ©National Council on Economic Education. |
Economics, Geography |
NE Standards: SS 12.3.12, 12.3.13 |
US Standard: 5, 6;
Benchmarks: 1, 3, 4
|
| Grades: 6-12 |
Nebraska and the World (PDF) |
Barter/Trade, Role of Government, Barriers to Trade |
A resource guide and ten lessons for teachers focusing on the role of international trade in state development in Nebraska. by Tammie Fischer and Mary Lynn Reiser.
©UNL Center for Economic Education. |
Economics, Geography, Government |
NE Standards: SS 12.1.2,12.1.3 |
US Standard: 5,6,16;
Benchmarks:
|
| Grades: 6-12 |
How has the Constitution shaped the economy in the U.S.? |
Markets, Prices, Role of Government, Competition |
Class discussion and small group task identifying the six characteristics of a market economy and the provisions in the constitution that support a market economy. Unit 1, Lesson 1 from Focus on Economics: Civics and Government, ©National Council on Economic Education. |
Economics, Government |
NE Standards: SS 8.3.5 |
US Standard: 7, 16;
Benchmarks: 2, 5, 6, 7
|
| Grades: 6-12 |
What are the economic functions of government?** |
Role of Government |
Class discussion and small group task identifying six economics functions of government and examples of these functions using current events. Unit II, Lesson 4 from Focus on Economics: Civics and Government, ©National Council on Economic Education. |
Economics, Government |
NE Standards: SS 8.3.6 |
US Standard: 16;
Benchmarks: 1, 2, 3, 4, 5, 6, 7, 8
|
| Grades: 6-12 |
Limiting trade** |
Barter/Trade, Barriers to Trade |
Students learn about various types of trade restrictions and their effects by applying a model to determine who will benefit and who will be hurt by a tariff. Lesson 6 from Focus on Economics: Geography, ©National Council on Economic Education. |
Economics, Geography |
NE Standards: SS 12.1.2, 12.1.3, 12.3.13 |
US Standard: 1, 5, 6, 17;
Benchmarks: 1
|
| Grades: 6-12 |
Places and production** |
Economic Indicators |
Students calculate the US GDP and various examples from South America. Using this information, they make inferences about per-capita income. Lesson 7 from Focus on Economics: Geography, ©National Council on Economic Education. |
Economics, Geography |
NE Standards: SS 12.3.13 |
US Standard: 10, 18, 19;
Benchmarks: 1, 2
|
| Grades: 9-12 |
Understanding Exchange Rates |
Exchange Rates |
Selected lesson from a curriculum guide on international trade and Nebraska (PDF format), Nebraska and the World, Lesson 5 on Exchange Rates. Published by UNL Center for Economic Education |
Economics |
NE Standards: SS 12.3.13 |
US Standard: 7,11;
Benchmarks: 0
|
| Grades: 9-12 |
How can entrepreneurs control costs?** |
Factors of Production, Entrepreneurs |
Students examine the difference between fixed and variable costs, make predictions and recommend actions for a hypothetical business. Lesson 20 from Entrepreneurship and the U.S. Economy, ©National Council on Economic Education. |
Business, Accounting, Economics |
NE Standards: SS 12.3.11 |
US Standard: 9, 14;
Benchmarks:
|
| Grades: 9-12 |
How can business make money from tariffs?** |
Incentives, Barriers to Trade |
Students investigate the impact of tariffs on businesses and consumers during the 1880s by looking at a political cartoon, solving a short math problem, and comparing protectionism between time periods. Lesson 7 from Focus on Economics: United States History, ©National Council on Economic Education. |
Economics, American History |
NE Standards: SS 12.3.13 |
US Standard: 4, 17;
Benchmarks: 1
|
| Grades: 9-12 |
Prohibition Then; MADD Today** |
Choice, Incentives |
Students read short histories of Prohibition and MADD (Mothers Against Drunk Driving) and work in small groups to evaluate the consequences of these policies on consumers' behavior. Lesson 9 from Focus on Economics: United States History, ©National Council on Economic Education. |
Economics, American History |
NE Standards: SS 12.3.11 |
US Standard: 1, 2, 4;
Benchmarks: 2, 4
|
| Grades: 9-12 |
Civil War Andersonville prison |
Scarcity, Economic Systems |
Development of an economic system for a Civil War prison camp; Allocation of scarce resources. Learn about scarcity, economic wants, command economic systems, market economic systems, and markets and price. ©Nebraska Council on Economic Education |
Economics, History |
NE Standards: SS 12.3.11 |
US Standard: 1,2,3;
Benchmarks:
|
| Grades: 9-12 |
Is the Tassle worth the Hassle? |
Choice, Opportunity Cost, Incentives |
Analysis of the costs and benefits of educational choices. Learn about economic choice, opportunity cost, and incentives. ©Nebraska Council on Economic Education |
Economics, Consumer Econnomics |
NE Standards: SS 12.3.11 |
US Standard: 1,2,4;
Benchmarks:
|
| Grades: 9-12 |
School for Sale |
Public Goods, Incentives, Economic Goals |
Examination of the case for privatizing a public school. Learn about public goods, private goods, costs, incentives, and economic efficiency. ©Nebraska Council on Economic Education |
Economics; Government |
NE Standards: SS 12.3.12 |
US Standard: 16;
Benchmarks:
|
| Grades: 9-12 |
Demand and Supply On-line |
Demand, Supply, Equilibrium Price |
Basic discussion of demand and supply and the determinants of demand and supply. Includes self-quiz for students on understanding shifts in demand and supply. ©Kim Sosin |
Economics |
NE Standards: SS 12.3.11 |
US Standard: 7,8;
Benchmarks:
|
| Grades: 9-12 |
Nebraska Entreprenuers: Creating Your Own Careers |
Entrepreneurs, Productivity, Profit |
Ten lessons focusing on the characteristics of entreprenuers in the economy. Several lessons deal with Nebraska entreprenuers. ©Nebraska Council on Economic Education |
Economics |
NE Standards: SS 8.3.5, 12.3.11 |
US Standard: 14;
Benchmarks:
|
| Grades: 9-12 |
Consumer Credit: Buy Now, Pay Later, and More. |
Choice, Opportunity Cost, Credit |
Lesson 10, Personal Decision Making: Focus on Economics. Copyright ©1996, (PDF Format) National Council on Economic Education, New York, NY 10036. Used with permission. |
Personal Finance |
NE Standards: SS 12.3.11 |
US Standard: 1, 2;
Benchmarks:
|
