Economics 9-12 WebResources

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    Economics 9-12

    SSEF1 The student will explain why limited productiveresources and unlimited wants result in scarcity,

    opportunity costs, and tradeoffs for individuals, businesses,and governments.a. Define scarcity as a basic condition that exists when unlimitedwants exceed limited productive resources.b. Define and give examples of productive resources (factors ofproduction) (e.g., land (natural), labor (human), capital (capitalgoods), entrepreneurship).c. List a variety of strategies for allocating scarce resources.d. Define opportunity cost as the next best alternative given up

    when individuals, businesses, and governments confront scarcityby making choices.

    Web Resources

    The EconEdLink website has a lot of great tools and resources specificallydesigned for teaching economics concepts in a k-12 setting. Broken up bygrade level, the video list is expansive and updated often. The second linkis to a specific video on the site that covers human capital, unemploymentand how the two concepts are related. This video does a good job ofaddressing parts of SSEF1 b.http://www.econedlink.org/interactives/economic-interactive-search.php?type=educatorhttp://www.econedlink.org/interactives/index.php?iid=242&type=educator

    This slideshare presentation gives the very base definition of opportunitycost, addressing part d. of the standard. The presentation also includes asimple activity that encourages students to apply the concept ofopportunity cost to everyday life.http://www.slideshare.net/HeatherP/spending-and-opportunity-cost

    WelkersWikinomics is a great site for economics help, not only did Welkerscreate the Economics Classroom site, Welkers also created this fantasticblog that covers various high school economics concepts.http://welkerswikinomics.com/blog/category/scarcity/

    This fantastic site has mini lessons that cover specific economic concepts.

    http://www.econedlink.org/interactives/economic-interactive-search.php?type=educatorhttp://www.econedlink.org/interactives/economic-interactive-search.php?type=educatorhttp://www.econedlink.org/interactives/economic-interactive-search.php?type=educatorhttp://www.econedlink.org/interactives/index.php?iid=242&type=educatorhttp://www.econedlink.org/interactives/index.php?iid=242&type=educatorhttp://www.slideshare.net/kolmhofer/economics-in-one-lesson-10905311http://www.slideshare.net/kolmhofer/economics-in-one-lesson-10905311http://welkerswikinomics.com/blog/category/scarcity/http://welkerswikinomics.com/blog/category/scarcity/http://welkerswikinomics.com/blog/category/scarcity/http://www.slideshare.net/kolmhofer/economics-in-one-lesson-10905311http://www.econedlink.org/interactives/index.php?iid=242&type=educatorhttp://www.econedlink.org/interactives/economic-interactive-search.php?type=educatorhttp://www.econedlink.org/interactives/economic-interactive-search.php?type=educator
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    Areas are first separated by grade level and then by concepts. The first linkis a specific lesson covering production and supply using an embeddedYouTube video. The second link is to an interactive flash card page forMicroeconomics terms. Both are great resources for high schooleconomics.

    http://www.econclassroom.com/?p=2965http://www.econclassroom.com/?page_id=3702

    Overview of supply side economics and the impact of supply side policy oneconomic indices. Presentation does a great job of covering definitions andtheories, and while these are the same for the US the presentationspecifically covers the UK economy.http://portal.sliderocket.com/AQEDC/OhioLinux-Open-Source-Economics

    Slide show does a good job of covering some of the basic concepts of

    economics, including choices and production. The images that wereselected could have been better, but all in all, an informative and usefulpresentation.http://animoto.com/play/Os0lNSwbhrjccDIg7DVw9A

    Not an in depth presentation but a solid visual tool for students toreference while becoming familiar with economics terms. The world cloudis light and easy to use.http://www.tagxedo.com/art/800a91aa3f554d15

    Vimeo video that covers the concept of opportunity cost as applied tointernational trade. The video is very clear with a near professionalproduction quality and the examples are accessible and straight forward.http://vimeo.com/40035512

    Very interesting lecture about human choices. Economics is, at it's core, astudy of choice. This video does a good job of explaining that and helpsstudents to understand that economics is not just the stock market. Greatresource.http://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.html

    Great schematic that shows how natural resources are used tomake everyday products, specifically pizza. Each step is described andseparated based on how it applies to the factors of production - land, labor,or capital. Colorful and well displayed, this is one of the best one pagepresentations that I found.http://jachavez.edu.glogster.com/hon-econ/

    http://www.econclassroom.com/?p=2965http://www.econclassroom.com/?p=2965http://www.econclassroom.com/?page_id=3702http://www.econclassroom.com/?page_id=3702http://portal.sliderocket.com/AQEDC/OhioLinux-Open-Source-Economicshttp://portal.sliderocket.com/AQEDC/OhioLinux-Open-Source-Economicshttp://animoto.com/play/Os0lNSwbhrjccDIg7DVw9Ahttp://animoto.com/play/Os0lNSwbhrjccDIg7DVw9Ahttp://www.tagxedo.com/art/800a91aa3f554d15http://www.tagxedo.com/art/800a91aa3f554d15http://vimeo.com/40035512http://vimeo.com/40035512http://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.htmlhttp://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.htmlhttp://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.htmlhttp://jachavez.edu.glogster.com/hon-econ/http://jachavez.edu.glogster.com/hon-econ/http://jachavez.edu.glogster.com/hon-econ/http://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.htmlhttp://www.ted.com/talks/lang/en/sheena_iyengar_on_the_art_of_choosing.htmlhttp://vimeo.com/40035512http://www.tagxedo.com/art/800a91aa3f554d15http://animoto.com/play/Os0lNSwbhrjccDIg7DVw9Ahttp://portal.sliderocket.com/AQEDC/OhioLinux-Open-Source-Economicshttp://www.econclassroom.com/?page_id=3702http://www.econclassroom.com/?p=2965
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    Smartboard notes along with audio of the accompaning lecture thatcover the topic, "What is Economics?". The entire site contains multiplesmartboard recordings and is a fantastic resource for instructionalsupplement to actual course notes and lectures.

    http://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1h

    Additional Links:

    http://vimeo.com/channels/262024http://edu.glogster.com/category/Economics/http://library.thinkquest.org/J003305F/http://library.thinkquest.org/C005121/http://www.livescribe.com/cgi-

    bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vT

    http://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1hhttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1hhttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1hhttp://vimeo.com/channels/262024http://vimeo.com/channels/262024http://edu.glogster.com/category/Economics/http://edu.glogster.com/category/Economics/http://library.thinkquest.org/J003305F/http://library.thinkquest.org/J003305F/http://library.thinkquest.org/C005121/http://library.thinkquest.org/C005121/http://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vThttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vThttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vThttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vThttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=nTjNhslSv5vThttp://library.thinkquest.org/C005121/http://library.thinkquest.org/J003305F/http://edu.glogster.com/category/Economics/http://vimeo.com/channels/262024http://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1hhttp://www.livescribe.com/cgi-bin/WebObjects/LDApp.woa/wa/MLSOverviewPage?sid=zj4SknT1Nw1h