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Economics Lesson Plan for Students : Opportunity Cost (Grades 2-8)

Chart, histogram

Goals: To gain a basic understand of how opportunity costs apply to everyday life. Objectives: 1. Understand costs of goods and services comparatively. 2. Learn basic principles of money management. 3. Understand the basics of trade. What you’ll need Students will need to be provided with cut-outs of 5 items …

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Imbalanced Economics in MLB: The 1950s


Much has been written and talked about in the past several years about the uneven economic conditions in major league baseball. We use terms like the “Evil Empire” and “big markets/small markets” to describe what generally is being accepted as an imbalance in the competitiveness of the sport. I use …

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