Other Web Sites - This page lists web sites offering a wealth of lesson plans for teaching economics, in addition to these lesson plans. Available through the Indiana Council for Economic Education . This lesson provides examples of individual and group decision making with specific situations involving opportunity costs, pp. Back - Students examine the demise of the buffalo and the incentives related to conserving them. Students consider why cowboy culture continues to exercise influence on popular media and society, even in urban America, when the days of the cowboy lasted for only 25 years.
Students identify examples of incentives that influence human behavior.
After a discussion of racial barriers, students examine the incentives that influenced the decisions of baseball club owners and African-American players. Students look at the public good quality of many natural resources and the effect of that quality on how resources are used. Students discover that society in general does not place an infinite value on a life. Although the buffalo was nearly extinct, they are back. Great Tulip Boom - Students perform a simulation of the tulip bulb market in 17th century Netherlands in order to understand the role of speculation in economic booms.