You can calculate planar and geodesic areas
Add Geometry Attributes—Data Management toolbox | ArcGIS Desktop
Drop the notion that geodesic is 'more accurate'. That completely depends on the size of the study area and the projection being used. If you are working on a province/state wide study, then the 'extents' are critical. Also, what do you mean by 'accurate' perhaps %age wise? Most projections that are used wisely, will have a specified value?.
Albers, Lambert Conformal conic... big areas... UTM less big (6 degree wide zone) MTM/State Plane smaller still (3 degree wide zone and 1/10,000 potential distance 'error')
Don't ignore the abstraction. It is important and widely overlooked.
To make things worse, they will try to measure things on Google Earth or AGOL using a 'webbie' projections like Web Mercator, which is the last thing one should use (but everyone uses it don't they !?!? )
Precision and accuracy... slippery concepts. How well do we really know the shape of earth? 1927 to 1983 big leap. New ones on the horizon? I suspect yes. It may improve locational precision, but a real reflection of land based distances... no, since distance will be a traversal along an ellipsoid.
Everything is an abstraction. That is what should be taught 