Summer Economics
Summertime is a great time to teach your kids the basics of money. And one of the best ways to do that is to make those lessons a lot of fun! We’re here to help with easy, engaging activities that will build your kids’ financial literacy.
Some huge musical acts are touring the United States this summer, but fans are experiencing sticker shock when it comes to ticket prices! While parents may remember spending $30-$50 to see their favorite act in concert when they were young, fans of Taylor Swift, Beyoncé, and other acts are spending hundreds, even thousands of dollars on concert tickets in 2023.
So why are ticket prices so high? We explore the factors that go into ticket prices, including supply and demand, scarcity, and the dynamic pricing model. This lesson is appropriate for middle and high school students.
Click the button below to download a PDF of this lesson.
