Can Monsters Improve Your Standard of Living? ๐ŸŽƒ

In this lesson, students learn about the factors that support economic growth by deciding how to spend tax revenues generated by monster tourism โ€” a Halloween-themed scenario that makes abstract macroeconomic concepts concrete and engaging for middle school students.

Grade Level 6โ€“8
Time Required 60 minutes
Virtual-Friendly No
Standards Economic Growth

What Students Do

Students take on the role of community decision-makers allocating tax revenue from a monster tourism boom, evaluating spending options based on their potential to improve productivity and raise the standard of living. By the end of the lesson, students will be able to:

  • Define taxes, economic growth, and productivity.
  • Explain how increases in productivity contribute to economic growth and a higher standard of living.
  • Identify spending projects that could improve a community's productivity.

Get the Lesson

A full 60-minute lesson plan and accompanying slides, including the monster tourism scenario, student materials, and teacher notes aligned to National Standards for Economics Education Standard 15: Economic Growth.