Introduction to Economic Thinking Lesson

The following journal and lessons are intended to be used as a general introduction of economic thinking to your students. They anticipate the questions that the students will be considering during the six monthly units and begin the process of developing the framework for sound decision making.


Write your answer to each of these questions:

  • What am I choosing?
  • What am I giving up when I choose?
  • How am I affecting myself and others with the choices I am making?
  • What matters to me when I am making a choice?
  • What do I do best?
  • How can I make better choices?


Choose one of the following lessons to introduce your students to economic reasoning:

From Virtual Economics, v.3:

  • Economics in Action: 14 Greatest Hits for Teaching High School Economics (HS)
  • 1-56183-086-0; Lesson 3 – Using Economic Reasoning to Solve Mysteries
  • Capstone: Exemplary Lessons for High School Economics (HS)
  • 1-56183-515-3; Unit 1: Lesson 1 – Economic Reasoning: Why Are We a Nation of Couch Potatoes?