Montana State University Electronic Learning Modules

The eighteen Economic Learning Modules (ELMs) are specifically designed for teachers with little or no formal economic training. Modules one through nine emphasize basic principles of economics. The ten to eighteen modules apply the principles to issues relevant to Montana students.   Each module is complete with a basic concept description for teachers, an outline of content standards covered, lesson procedures, and overheads.   Activities help students easily grasp the material and quiz/discussion questions are presented that will help measure student learning and retention of the concepts.  

Educators who present these modules will introduce their students to economics and improve their understanding of the world.   Economics helps provide the tools necessary for critical thinking and the reasoning power that will help students to make better decisions throughout life.

Great appreciation is extended to the many teachers that helped test, edit, and modify the modules to ensure a high quality product that is both teacher and student friendly.

Thanks to the support of Montana State University Department of Agricultural Economics and Economics professors who helped author and build the ELM’s including Ms. Holly Fretwell, Dr. Randy Rucker and Dr. Myles Watts.

1. Scarcity
2. Opportunity Cost
3. Exchange and Trade
4. Comparative Advantage
5. Incentives Matter
6. Prices
7. Supply
8. Consumer Choice & Demand
9. Market Equilibrium
10. The Minimum Wage
11. China and Montana
12. Gas Prices
13. Property Rights
14. Externalities
15. The Economics of Poverty
16. Business Economy
17. Rubbish or Resource
18. Ethanol & Petroleum
1. Scarcity
2. Opportunity Cost
3. Exchange and Trade
4. Comparative Advantage
5. Incentives Matter
6. Prices
7. Supply
8. Consumer Choice & Demand
9. Market Equilibrium
10. The Minimum Wage
11. China and Montana
12. Gas Prices
13. Property Rights
14. Externalities
15. The Economics of Poverty
16. Business Economy
17. Rubbish or Resource
18. Ethanol & Petroleum