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Economics Teacher Resources
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Is economic growth necessary to remain a relevant world power? These slides discuss the definition and implications of growth economics, complete with global comparisons and ways to account for growth. Graphs and charts are easy to read and understand, even for the beginning economist.
Analyze the issues that affect the state of the economy. Have your class explore media reports about recent economic recessions, the housing bubble, and loan defaults in order to chart information about recessions and participate in an activity based on the labor market. This activity is a good way to practice evaluating claims in a text. All links and handouts are included. Use this resource to emphasize textual evidence to support an argument.
Here is a wonderful, four-lesson plan on economics. The discipline comes to life in your classroom by having it become a socieity with an economic structure. This remarkable, 24-page lesson has everything you need to successfully implement the activites. Embedded in the plan are worksheets, quizzes, collaborative assignments, and a brilliant template of an economic society that can be used through the entire school year.
Budding economists use hard data to analyze the current changes in the CPI. They identify factors that change inflation rates, such as policy and economic conditions. They also describe the impact inflation/deflation has on various consumer groups in the US economic system. A very thorough and comprehensive lesson.
Here is a great tool to help you introduce basic economics to your upper graders. You'll find four separate activities that work alongside each of the defined terms and concepts. Each activity helps learners better understand basic economic principles through application. Wants and needs, circular flow, opportunity costs, production, labor, and scarcity are all covered.
A joke or cartoon is only funny when you get the punch line. Learners apply their understanding of economic theory to analyzing economic jokes, quotes, and cartoons. They watch and discuss a video clip of Paul Solman entitled, "Stand-up Economists Play off FInances for Laughs," then they analyze several economic jokes and cartoons. A good concept-application lesson plan, your pupils will enjoy learning.
Using January 2012 economic data, learners will review changes in employment and unemployment rates in the US. They'll determine which economic factors influenced these changes, and describe the impact unemployment has on various individuals and groups. Data, hyperlinked resources, and focused vocabulary are all included.
What do sports have to do with economics? A lot, if you're talking about professional sports franchises. Learners investigate the costs, revenue, and incentives in investing in professional sports teams. They'll use data from Forbes magazine and a worksheet to complete their investigation.
Focus on the third quarter estimate of the US real GDP. Kids will determine current GDP growth, identify the GDP, discuss the relationship between the GDP and various economic indicators, and predict future economic conditions. Vocabulary, background information, charts, and web links are all included.
Learners identify key economic indicators to understand real GDP growth. They calculate the historical and recent GDP, assess GDP data in relation to business cycles, and make predictions about the impact of currect GDP growth. Discussion questions, charts, background data, and web links are included.
Forty-one pages of economics lecture notes provide an excellent resource to supplement your lessons. This includes explanations and graphics on major principles such as scarcity, supply and demand, production factors, and growth and productivity. There are also a few activities to engage the class. Fairly high quality, with few typographical errors.
Using real economic data, the class discusses changes in the unemployment rate, as seen in December 2011. They analyze the provided data, discuss the included background information, review vocabulary, and write an essay on the relationship between the GDP and the unemployment rate.