The National Council on Economic Education recommends the following content standards for high school economics courses. Suggested activities from econoclass.com and other websites are listed next to each standard.
- Scarcity (Also see: Opportunity Cost: A Primer)
Birka, Debate: School uniforms, Saving Lives with Economics
- Marginal Cost/Benefit (Also see: Marginalism: A Primer)
- Allocation of Goods and Services (Also see: Allocating Goods & Services: A Primer)
- Role of Incentives
The Law of Unintended Consequences, The Economics of Fashion
- Gain from Trade
- Specialization and Trade
- Markets--Price and Quantity Determination
- Role of Price in Market System (See also: Elasticity: A Primer)
The Frozen Price Game, Supply and Demand Drill, ThinkEconomics: Changes in Supply, Demand, and Market Equilibrium.
- Role of Competition
- Role of Economic Institutions
- Role of Money
- Role of Interest Rates
- Role of Resources in Determining Income (Also see: Supply & Demand in Labor Markets)
- Profit and the Entrepreneur
- Growth
Turn your Calculator into a Time Machine
- Role of Government (Also see: Externalities: A Primer and Competition and Market Power: A Primer)
The Distributive Justice Game, The Problem with Regulations
- Using Cost/Benefit Analysis to Evaluate Government Programs
Debate: Recycling, Debate: Motorcycle helmets, Saving Lives with Economics
- Macroeconomy-Income/Employment, Prices
- Unemployment and Inflation
Spending and Output Strings, Wizard of Oz, Creating a Student Price Index
- Monetary and Fiscal Policy
The National Budget Simulation, Budget Explorer, Look Who's Footing the Bill!
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