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The Trading Game In this lesson, students will learn about the gains from trade. Students will participate in a trading game that will demonstrate that trade can make... Grade: 6-8 9-12    Published: 07/26/2010

Transportation: They Say We Had a Revolution (Part 2) Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the ... Grade: 6-8 9-12    Published: 06/03/2009

Transportation: They Say We Had a Revolution (Part 1) Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the ... Grade: 6-8 9-12    Published: 01/30/2008

International Trade Creates More and Better Jobs This lesson explores the relationship between productivity and international trade. Specifically, this lessons shows why there should be fewer trade r... Grade: 9-12    Published: 05/17/2005

To Buy or Not To Buy While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Consumers seem to be besiege... Grade: 6-8 9-12    Published: 06/25/2004

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Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 6 of the 6 lessons are related to this lesson. The top 5 are listed below. 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... Section 1: Income and Choices Participants will understand the importance of spending less than they receive. Participants will understand how competition based on productivity determines the wages and salaries that people receiv... Section 2: Financial Institutions Participants identify the advantages and disadvantages of using financial services from alternative financial institutions and services from mainstream banks. Participants identify the services provi... Section 4: A Roof Over Your Head Participants will understand the benefits and drawbacks of homeownership. Participants will understand the process of buying a home, from before house-hunting to closing and occupancy. Participants ... 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...

The Wide World of Trade Grade: 6-8   Published: 2003 6 of the 11 lessons are related to this lesson. The top 5 are listed below. Lesson 8: Something's in the Way The class is divided into two groups that participate in a simulation making two types of postcards. In the first round, each group specializes and then considers possible results from trading for th... Lesson 9: Why Restrict Trade? Students learn some things about steel and identify a variety of products that are produced with steel. They participate in an activity to help them analyze the costs and benefits of a tariff. Stude... Lesson 3: Everyone Is Interdependent In this lesson, students learn about resources from around the world that are used in the production of a specific product -- Hershey's Kisses. Students then determine the identity of a mystery produ... Lesson 2: Special Friends Pairs of students play the roles of two friends who have chores to complete before they can spend time together. Through trial-and-error, students discover the benefits of specialization and trade. ... Lesson 7: Mutual (and Comparative) Advantages Using numerical examples and bar graphs, students see why it benefits two countries to specialize in the production of one of two products and then trade with each other, even if one country has the r...

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 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 8 - Productivity Working in small groups, the students participate in a production simulation to determine the effects of specialization on labor productivity, the division of labor, and investment in human capital an... 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... Lesson 6 - The Economic Way of Thinking: Three Activities to Demonstrate Marginal Analysis This lesson consists of three activities that demonstrate different applications of marginal analysis. You may use the activities separately or do them together in one class period. In the first activ...

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide Grade: 9-12   Published: 2003 9 of the 45 lessons are related to this lesson. The top 5 are listed below. Unit 7: Lesson 45 - International Trade: How Do We Measure Trades Across Political Borders? Many popular misconceptions evolve from reading balance of payments reports. Newspaper stories warn us of the perils of a deficit in the U.S. trade balance and a surplus in the Chinese trade balance ... Unit 7: Lesson 40 - Why Do People Trade Across National Borders? This lesson involves students in a trading simulation that grows in complexity. Students use this experience to investigate the consequences of voluntary trade among individuals in increasingly large... Unit 7: Lesson 41 - Why People Trade: Comparative Advantage The students decide why people buy foreign goods, and they practice measuring the comparative advantage of different producers. Unit 7: Lesson 42 - Foreign Currencies and Foreign Exchange Students participate in a simulated foreign exchange market. The exercise provides an opportunity for students to use supply and demand analysis to explain how flexible exchange rates are established... Unit 7: Lesson 39 - Why Go Global? Students examine an economic mystery regarding the importance of U.S. participation in the global economy. They participate in a demonstration regarding imported clothing. They use the Guide to Econ...

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual Grade: 9-10   Published: 2002 3 of the 15 lessons are related to this lesson. They are listed below. Unit 2: Lesson 6 - Changing Productivity In a production simulation, students experience several ways of producing something; they also measure productivity. Unit 1: Lesson 1 - Making Choices Students are introduced to the nature of choice making by confronting thorny problems individually and in groups. Unit 2: Lesson 7 - Human Capital and Productivity In a math demonstration, students demonstrate how capital resources and improvements in human capital can increase productivity.

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 2 of the 15 lessons are related to this lesson. They are 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... Lesson 7: The Mathematics of Nonlinear Economic Shapes: The Production Possibilities Curve Because the resources (such as raw materials, minerals, energy, labor, equipment, machinery, etc.) that are used to produce goods and services are limited in their availability, we cannot have all tha...

Civics and Government: Focus on Economics Grade: 9-12   Published: 1996 2 of the 16 lessons are related to this lesson. They 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 4: Lesson 15 - Why Would Governments Limit International Trade? In preparation for the lesson, students identify imported products which they and their families buy. On the first day of the lesson, the class discusses the benefits of specialization and trade amon...

Financial Fitness for Life: Shaping Up Your Financial Future - Grades 6-8 - Teacher Guide Grade: 6-8   Published: 2001 2 of the 17 lessons are related to this lesson. They are listed below. Theme 3: Lesson 10 - Let Lenders and Borrowers Be Financial intermediaries perform an important function in our economy. Financial institutions accept deposits from those who want both a safe haven for their funds and income from the use of their fu... Theme 3: Lesson 8 - Who Pays and Who Receives? In this lesson, students learn that banks are businesses and, as such, seek to make a profit. One way banks do this is by charging borrowers a higher rate of interest than the interest that is paid t...

Middle School World Geography: Focus on Economics Grade: 6-8   Published: 2004 1 of the 9 lessons are related to this lesson. It is listed below. Lesson 6 - Joining Together That Which Has Drifted Apart In this lesson, the students learn about the physical forces that move people on different continents further apart and the economic forces that bring them together. They read about the formation and ...

Financial Fitness for Life: Bringing Home the Gold - Grades 9-12 - Teacher Guide Grade: 9-12   Published: 2001 2 of the 22 lessons are related to this lesson. They are listed below. Theme 1: Lesson 2 - The Economic Way of Thinking Lesson 2 introduces students to the economic reasoning process or the "economic way of thinking." Students reason through two situations, using The Handy Dandy Guide, a primer on economic reasoning. Theme 4: Lesson 11 - What Is Credit? Credit decisions are among the most important choices that young people will make. This lesson provides an overview of what credit is and some of the advantages and disadvantages of using credit. St...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 1 of the 16 lessons are related to this lesson. It is listed below. Theme 1: Lesson 3 - What Is Money? This lesson focuses on two types of money -- paper money and coins. The students identify money and its value (ability to buy things) while participating in a money-matching activity. The students g...