Economics Lessons

Welcome to our page on economics! We believe that understanding the principles of economics is essential to building a strong foundation in financial literacy. Our resources are designed to provide a comprehensive understanding of economics, including microeconomics, macroeconomics, and personal finance. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to make informed decisions about their financial future. From understanding supply and demand to exploring global markets, our materials will help students develop a deep understanding of economic principles and their real-world applications.

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    How to Prepare for a Recession

    Learn the basics of how to prepare yourself for a recession, economic loss, or potential job loss. Learn important steps and tips to help prepare and protect yourself for a decline in the economy, a layoff, job loss, unemployment, or other related event. CONCEPTS Use this video lesson on the topic to discuss the financial … Continue reading How to Prepare for a Recession



    Types of Money | Commodity, Representative, Fiat, and Bank Money

    What is money? Economists differentiate among several different types.  Learn about the four main types of money including commodity money, representative money, fiat money, and bank money. Also learn why intrinsic value is important for understanding the types of money. CONCEPTS Use this video lesson on the topic to discuss the basic economic concepts of … Continue reading Types of Money | Commodity, Representative, Fiat, and Bank Money


    Main Functions of Money

    Learn what is money and what are its four main functions. Money serves all these functions: it is a medium for exchange, store of value, unit of account, and standard for deferred payments. CONCEPTS Use this video lesson on the topic to discuss the basic economic concepts of Money Barter Inflation PROCEDURE Hand out the … Continue reading Main Functions of Money



    Introduction: Economic Reasoning

    Provides an overview to the economic way of thinking, which is the underlying theme in the Personal Financial Literacy standards. Teaching Objectives: Identify the steps in economic reasoning. Define the terms associated with economic reasoning. Demonstrate the ability to apply economic reasoning. Demonstrate the ability to use the PACED Decision-Making Model. Suggested Grade Level 6th … Continue reading Introduction: Economic Reasoning