Decisions Decisions

from SCORE H/SS!

http://rims.k12.ca.us/activity/decisions/

Description: Bob Jones, a young business executive not unlike yourself, has lost his life in an untimely boating accident. He has left a wife, three young children, a huge pile of debt, and a $500,000 life insurance policy. As a financial consultant, it is your responsibility to help the widow invest the insurance money wisely so that the family can resume a normal life and the children can be supported through college. You must make the right decisions. Standards 12.2.4, and 12.5.3

Author: David R. MacDonald, Fillmore Middle School

Lesson ID: 298

Ad Dissection 101

http://ideas.wisconsin.edu/ad101/

Description: According to David Shenk, author of Data Smog, you'll watch an average of 22,000 hours of television before graduating from high school. These hours contain over a quarter of a million commercials, and it is these commercials that dictate what you should wear, how you should look, how you should act, and what you should have. In this activity, you will be taking on the role of a scientist to "dissect" and examine ads to discover the various ways consumers are manipulated. Then you will learn a simple process for deciphering the meaning of an ad. discover the different advertising claims and appeals advertisers use to entice us to purchase their products. For your final task, you will work as a media consultant to design an ad which parodies another ad, or you will create an advertisement which helps consumers recognize how they are being manipulated. Standard 12.8.2 and economics 12.2.5

Author: Mr. Anderson

Lesson ID: 22

Explorations of Economic Supply and Demand

http://ecedweb.unomaha.edu/Dem_Sup/demand.htm

Description: Bob is really excited about next year at the University, which starts in two weeks! But his parents just dropped a bombshell: he is going to have to buy all of his own clothes for the fall semester. Oh no, he's never paid for his own clothes! And he really wants more of his favorite blue jeans. And Bob wants lots of pairs so he won't have to do laundry between visits home! Then Bob looks at his tattered and outdated sneakers and wonders how long they will last. What good are great blue jeans if the sneakers are too weird? Sigh. Time to do some research and figure out how to manage this. Standards 12.1.1 and 12.2.5 economics

Author: Kim Sosin, UNO Center for Economic Education

Lesson ID: 378

Frozen Price Game , The

http://www.sonoma.edu/econ/cee/games.html

Description: This game demonstrates the advantages of price allocation over other methods. A hurricane has caused a major power outage, and that this has increased demand and decreased supply in a city's ice market. In the first round, the price of ice is frozen at the pre-hurricane level and allocated on a first-come, first-served basis. In the second round, the ice is allocated by price, with no waiting. Standards 12.1.1, 12.2.1, 12.2.2, 12.2.4, 12.2.5, and 12.2.6

Author: Lori Alden, The Social Studies

Lesson ID: 433

How Can Entrepreneurs Control Costs?

http://ecedweb.unomaha.edu/lessons/euse1.htm

Description: Help Alex decide how to set prices in his shoe store to cover both his fixed costs and variable costs and still make a profit. Standards 12.2.2, and 12.2.6

Author: Entrepreneurship and the U.S. Economy, National Council on Economic Education

Lesson ID: 518

Lemonade Stand

http://www.coolmath-games.com/lemonade/

Description: Lemonade Stand is a classic game that teaches the basics about how supply and demand affect business. In this game, it is your job to run a street-corner lemonade stand and to try to make some money doing it. Your business decisions affect supply and demand, and therefore, your profitability This game may be played with a wide range of sophistication. Standards 2.4.3, and 12.2.2

Author:

Lesson ID: 643

Nothing to Buy

http://www.econedlink.org/lessons/index.cfm?lesson=EM177

Description: In two groups, students compare the Soviet-era marketplace and the present-day Russian marketplace. With an appropriate "wallet" and list of goods to buy, each group must purchase enough goods to support their family of five for one week for the amount of time and money available. With only one Saturday to do their shopping (8 hours,) the many long lines of the Soviet era will put a damper on purchases. (This is a great lesson for Language Learners.) Standards 10.9.7, 11.9.5, and Economics 12.1.1, 12.1.3, 12.2.1 general.

Author: Cross-Curriculuar Connections, EconEdLink

Lesson ID: 763

Powerful Consumers: Exploring Boycotts Past and Present

http://www.nytimes.com/learning/teachers/lessons/20000327monday.html?searchpv=learning_lessons

Description: Explore the concept of a consumer boycott andpotential results that boycotts may bring. Then work in small groups to examine boycotts from multiple perspectives and create posters illustrating your research. Useful resource to learn about the tools of labor and specifically the United Farm Workers union. Standards 11.6.5, 12.3.1 civics, 12.2.5 and 12.4.1 economics

Author: Elyse Fischer, The New York Times Learning Network, Sanda Balaban, The Bank Street College of Education in New York City

Lesson ID: 843

United States v. Microsoft

http://www.crf-usa.org/bria/bria16_2.html#gates

Description: You are part of the antitrust case against Microsoft. Courts impose what are called "remedies" to correct illegal corporate behavior and to restore competition. As part of a group you will consider a set of possible remedies. Each group may adopt one remedy, a combination of them, or one of its own. The groups should then each prepare reasons and arguments for their remedy to present to the rest of the class. Standard 12.2.7

Author: Constitutional Rights Foundation

Lesson ID: 1170