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Lesson Plan: Economics - Role of Profit and Relationship to Risk

Title
: "Role of profit and relationship to risk”

Designed for Grades: 11-12

Estimated Time: 50 minutes

National Standards: Complies with NBEA Economics 2023 STANDARD: Analyze the role of core economic institutions and incentives in the U.S. economy.

Objectives:

III.1.1. Describe the role of profit in our economy and the relationship of profit to risk and uncertainty.

Materials:

●       White Board or Smart Board
●       Case Studies (10)
●       Student laptops with internet connections

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