Grade 12
History/Social Science
(Economics)
Standard 12.1

Students understand common economic terms and
concepts and economic reasoning.


 
Resources
Lesson Plans
Assessments

Previously Published Data

Cleveland Federal Reserve Economic Research
http://stats.bls.gov:80/
Description: Up to date macroeconomic resource for teacher to research all facets of economy in terms of the labor and employment. 
Comments: This is for a teacher or highly motivated student to use as a source of research. It is a direct government resource and can be used for many types of activities.
Resource Type: Other
Graphics Content: High



Previously Published Data

Land Use Competition
http://score.rims.k12.ca.us/
activity/land_competition/
The city of Rancho Cucamonga has been given the task of developing a 4 square mile area into a productive venture. The area in question is located between Rochester and the 15 freeway, bordered on the south by Highland. There is freeway access and an active railroad line (cargo only). Sewer lines and various other services must be added. Your plan should be able to cover the cost of these additions, and you must convince the community and the planning commission why you represent the best use for the area. A lender must be found that will allow you maximum flexibility and sufficient funds. Your time frame to submit a plan is 10 days.
Author: Michael Arenas
 

Show Me the Money
http://score.rims.k12.ca.us/
activity/showmoney/
What kind of currency will the world need in the future? Will electronic "money" work or will we still need currency? You decide.
Author: Leanne Westphal
 

Balloon Factory - A Division of Labor Simulation
gopher://bvsd.k12.co.us:70/00/
Educational_Resources/
Lesson_Plans/Big%20Sky/
social_studies/CECsst.73
Conduct a "balloon race" to test the effectiveness of the division of labor system compared to the domestic system. Divide the class into two groups of workers to design, cut out, and assemble paper models of hot air balloons. Make the balloons in five steps. Some students work alone and some in groups of five students who work according to the division of labor system, with each student specializing in only one of the five steps. 
Author: Frances Glenn 
 

Civil War Andersonville Prison: An Economic Microcosm
http://ecedweb.unomaha.edu/
ecedweek/lesson2.htm
How did prisoners in Andersonville Prison cope with the scarce resources they had to provide for their needs? Learn how people deal with scarcity in the face of unlimited economic wants by devising command or market conomic systems. 
Author: Focus on Economics: U.S. History
 

Explorations in Economic Supply and Demand
http://ecedweb.unomaha.edu/
Dem_Sup/demand.htm
Use the Internet to help Bob find the right place to shop and develop a realistic list of clothes for college when, just before school starts, he suddenly finds that he must pay for everything himself . 
Author: Kim Sosin
 

Give and Take
http://ecedweb.unomaha.edu/
lessons/fems3.html
How can both the girls and boys basketball teams have access to the scarce resource of prime gymnasium time for their games? Latoya and Jeff were asked by their coach to help schedule the intramural tournament. Here is your chance to help them. 
Author: Middle School Economics
 

Is the Tassle Worth the Hassle?
http://ecedweb.unomaha.edu/
ecedweek/lesson15.htm
What are the opportunity costs of getting an education? Learn about economic choice, opportunity costs and incentives.
 

Opportunities and Costs
http://www.fee.org/
education/lessons/
9903/lee.html
The true cost of doing something is the value of whatever opportunity one must give up in order to do it. Like all values, such opportunity costs are subjective and difficult to measure in terms of dollars or any other units. Most importantly, since time, energy and resources are scarce, any and every choice involves a cost; some use of scarce resources must be foregone to put them to the most desired use. Apply these concepts to the issue of health care.
Author: Dwight R. Lee



No assessment criteria was found for this standard