Economics · Week 3 · Scarcity, Choice, and Markets

Why Incentives Work

Comparing monetary and nonmonetary incentives and discovering which motivators actually move students toward their own goals.

Self-managementGrade 12About 20 minutesGrade 12, one semester

Open this activity All Economics activities

Students will: Students distinguish monetary from nonmonetary incentives and explain how a change in an incentive changes behavior.
SEL skill: Choose a motivator and a plan to stay on track toward a goal
What it looks like: Students practice choosing a motivator and a plan to stay on track toward a school goal.
Content focus: Why incentives work
Format: Partner exchange

Self-management

Self-management means handling your emotions, thoughts, and actions so you can reach your goals. More self-management activities

What you get

A teacher guide with what to say, step by step, plus student pages and a supports page for students with diverse learning needs, including those with IEPs. Print or Project it, or assign it in Google Forms and Google Docs for Google Classroom. Your first 10 activities are free.

Standards

12.1.3: CA History Social Science Content Standard, Grade 12: Principles of Economics (standard 12.1, item 3)
CA HSS Analysis Skill: HI2 Recognize the complexity of historical causes and effects, including the limits on determining cause and effect. (Historical Interpretation)
C3 Framework (national): D2.Eco.1.9-12 Analyze how incentives influence choices that can lead to policies with different costs and benefits for different groups.
Literacy in history: RH.11-12.1 Cite specific textual evidence to support analysis of primary and secondary sources.

Fits these textbook chapters

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