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8 results

Adult education economics laboratories

Preview of Wage Per Hour & Lifestyle Choices - High School Economics

Wage Per Hour & Lifestyle Choices - High School Economics

In a fun investigative activity, students calculate their yearly expenses for their chosen life. Students will decide where to live, what type of car to drive, fuel, utility cost, cable/internet, entertainment, etc.. By the end they will discover how much per hour a person will need to earn in order to support that life. They will make connections between the lifestyle a person can live, level of education needed to live that lifestyle.
Preview of Budget Simulation

Budget Simulation

Give students a chance to experience what it means to have income and expenses. This budget simulation will help students find out the costs of living. This particular one does NOT simulate post-secondary educational costs. It will be assumed that the student has no costs in this regard (simulation WITH these costs will be offered soon!). This budget activity is meant to be used by high school, junior high, and middle school. It can be adapted to fit budget lessons for economics, business, BMA,
Preview of LIFE: An Economics Simulation

LIFE: An Economics Simulation

Teaching business skills, life skills, and the basic economic principle of earning more than you spend is both easy and fun with LIFE: An Economics Simulation. This comprehensive economics activity has it all. Students must...1.) get a career and start a budget. 2.) find an affordable house and then buy it.3.) furnish the home and determine what the utilities bill will be on a monthly basis.4.) buy food, clothing, other life necessities.5.) start a family.6.) fill out tax forms that look very si
Preview of Persuasion in Advertising: An Economics & Psychology Simulation

Persuasion in Advertising: An Economics & Psychology Simulation

Studying what and how people are persuaded in psychology and economics is interesting, but actually trying to this in a simulation / experiment is downright fun! This lab gives your psych / econ students some key background information into the world of advertising, and reiterates some important principles of psychology, and then it turns your students loose to explore these concepts further. The goal? Students are to write, act, edit, and then ultimately present, their own TV commercial. This a
Preview of Economics Simulation: Lemonade Stand

Economics Simulation: Lemonade Stand

The all-time classic! Teach your students basic economics principles with this wildly popular simulation. Students will want to try to increase profits over and over until they succeed. It's that fun! You will love the energy that this simulation brings to your economics lessons, and students will learn valuable skills concerning supply, demand, and price. Highly recommended for elementary, middle, high school, and college students.
Preview of Taste test lab- normal and substitute goods

Taste test lab- normal and substitute goods

Created by
Charlee Tubbs
This is a lab activity that is great for courses in economics (or home economics!). This lab is a food based "taste test" where you incorporate science with social studies- by having a blind taste test of three different foods (the given categories are cereal, chips and soda- but you can change this). Students will : have blind taste test, compare physical and flavor attributes, predict name brand (normal good) v. store brand (substitute good). Ties in writing and budgeting at the end of the as
Preview of Economics: Advertising Techniques

Economics: Advertising Techniques

This activity has two parts. Part one is background information. Where did modern concepts of advertising come from? What is the psychology used in trying to sell someone on an idea and/or product? These questions are addressed in this first part of the activity. The second part involves application. What does persuasion in advertising look like? How can you classify the different forms of persuasion? These questions are addressed in the second half of this activity. This activity is highly sui
Preview of Economics Laboratory: Factory Simulation

Economics Laboratory: Factory Simulation

Coupled with a dynamic, interactive web simulation, this lab activity takes students into the fascinating world of the factory. "Think you have what it takes to run a complex machine, control the flow of manufacturing and production, minimize waste and MAXIMIZE profits? And can you do this this while listening to campy 1990s 8-bit music? Let’s find out…" Getting students interested in what manufacturing may involve can be challenging, but this simulation takes up this challenge and succeeds w
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Find Economics resources | TPT

If you’re an educator or parent looking for printable or digital resources to help your student learn about economics, TPT has got you covered. We’ve got a comprehensive collection of economics and financial literacy resources available, including activities and lessons on trade, goods and services, and the stock market to name just a few. With plenty of TPT high-quality resources at your fingertips, you’ll be able to teach economics to your students in no time at all.

Economics activities to try

Here are a few examples of the different types of activities and lessons you can find on TPT to help teach students about economics:

Simulation Activities

You can introduce students to the world of investing, budgeting, and other economics-related activities through simulations. For example, have students research companies they want to "invest" in to show them how the stock market works. If you want to extend the lesson, you can have them periodically check in on their portfolios throughout the year to see how their investments are performing. Or, you could use a simulation to teach them about causes that led up to certain major historical events, like the stock market crash of 1929.

Budgeting Exercises

Help students understand the importance of managing their own financial resources by challenging them to create a budget. Give them a few hypothetical scenarios involving income, expenses, and financial goals. For example, you could ask them to plan a fictional character's monthly expenses, or have them create a budget to save for buying a house.

Trade Games

Through trading games, students can learn about importing and exporting, along with the impact of external forces and trade agreements. Ask students to work in teams and have them trade goods, record their imports and exports, and respond to charges (like tariffs and embargoes).

Cost-Benefit Analysis

Give students a real-world decision to make (e.g., building a new road, investing in a new technology, or buying property) and have them perform a cost-benefit analysis. To deepen the learning, you can ask them to justify their decisions with evidence.

Frequently asked questions for teaching economics

What is economics?

The study of economics is a social science that focuses on the production, distribution, and consumption of goods and services. When teaching economics, the goal is to help students understand how individuals, businesses, governments, and societies make choices about resource allocation. Economics explores various topics related to this, including supply and demand, cost and benefits, and scarcity, to name just a few.

What types of economics resources are available on TPT?

There are many different types of economics resources sold by Sellers on TPT — from budgeting activities to simulation games to units.

How do I find economics resources on TPT?

Educators can save time preparing economics lessons with resources created by experienced teachers. Simply start a search for economics resources on the TPT marketplace, and filter by grade level, price, and/or resource type to find materials that've been proven to work in classrooms like yours. No matter what you’re teaching, there are plenty of lessons and activities sold by Sellers on TPT that are tailored to meet your students' skill levels.