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Related Online Lessons
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Related Print Lessons The following lessons come from the Council for Economic
Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information. | Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult Published: 2004 3 of the 6 lessons are related to this lesson. They are listed below. Section 6: The Basics of a Market Economy Participants will identify the characteristics of people who build wealth. Participants will recognize the primary features of a market economy including voluntary exchange, private ownership, a pric... Section 5: Strategies for Wealth Building Participants will understand the concept of net wealth and how the decisions they make can cause their own net wealth to increase or decrease. Participants will explain why an early start in saving a... Section 3: Managing Credit Participants will identify the advantages and disadvantages of using credit. Participants will recognize what credit is, what it costs, and the basic steps involved in obtaining credit. Participants...
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 | Civics and Government: Focus on Economics Grade: 9-12 Published: 1996 7 of the 16 lessons are related to this lesson. The top 5 are listed below. Unit 4: Lesson 16 - How Can Economic Sanctions Be Part of U.S. Foreign Policy? Students examine the data on U.S. imports, exports, and foreign aid, and explore how economic sanctions can be used to attain overall U.S. foreign policy goals. In small groups they do research to de... Unit 2: Lesson 4 - What are the Economic Functions of Government? The six economic functions of government are presented to students. Students categorize a series of newspaper headlines as examples of each of the six functions and locate additional examples in curr... Unit 3: Lesson 12 - Why Isn't Income Distributed More Equally? On day one, students review a list of selected occupations and categorize them according to median income. They brainstorm a list of reasons for income differentials and then review a list of convent... Unit 3: Lesson 11 - What Can the Government Do About Unemployment? An understanding of the three types of unemployment and the various policies government can pursue to alleviate unemployment is developed. Students categorize examples of unemployed workers as struct... Unit 1: Lesson 1 - How Has the Constitution Shaped the Economic System in the United States? Students provide their own examples of the six characteristics of a market economy as they exist in the United States today. Then they see how the U.S. Constitution supports those characteristics by ...
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 | Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12 Published: 2003 4 of the 14 lessons are related to this lesson. They are listed below. Lesson 10 - The Circular Flow of Economic Activity In this lesson, the students read about market interactions and participate in a simulation. "Econoland" involves transactions between businesses and households in two kinds of markets: product marke... Lesson 5 - The Role of Government In a Market Economy Students brainstorm suggestions about which functions government should perform in a market economy and compare their suggestions with categories economists frequently use. They participate in a quiz ... Lesson 13 - Comparative Advantage and Trade in a Global Economy Students observe or participate in a role-play situation in which one person is better at both of two activities. They complete a work sheet that leads to the conclusion that specialization and exchan... Lesson 1 - Why People Trade Students participate in a trading simulation and use this experience to discover the benefits of free trade. In a class discussion, they relate the simulation to concepts of regional versus universal...
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 | Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12 Published: 2003 3 of the 45 lessons are related to this lesson. They are listed below. Unit 5: Lesson 24 - Government and the Environment Students examine and discuss visuals to identify an economic mystery regarding the failure of the Endangered Species Act. They are introduced to the concepts of market failure and government failure.... Unit 2: Lesson 7 - A Silver Market Students participate in a simulation activity that shows how a competitive market works. Although most markets for goods and services are not as competitive as the silver commodity market, the exampl... Unit 2: Lesson 13 - How Markets Allocate Resources Students read I, Pencil, by Leonard Read, to gain an understanding of Adam Smith's concept of the invisible hand of the marketplace. Students see that a system of market prices brings about cooperati...
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 | Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12 Published: 2001 1 of the 15 lessons are related to this lesson. It is listed below. Lesson 5: The Gains From Trade This lesson is an application of the supply and demand tools developed in lessons 1-4. In the earlier lessons, models of supply and demand were introduced to show students how (equilibrium) prices are...
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