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- Viola H., Teacher
- Lafe, AR
Economics Teacher Resources
Find teacher approved Economics educational resource ideas and activities
Here is a nice idea, have your young entrepeneurs form their own companies. Each company is given a paper bad to locate and place resources in that they can use to create products their businesses sell on Sale Day. They identify and analyze economics terminology, earn play money, create prints and video ads, plus develop a jingle and display for sale day. Sounds like learning fun to me.
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.
It's hard to think of a 16 or 17-year-old being able to speculate about the impact of current economic conditions based on GDP data and business cycles, but that's just what they're going to do. This lesson provides background information, tons of web links, statistical data and solid activities to build a real world understanding of how the US Economic system works.
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.
Here is a great way to study vocabulary specific to economics. Each of the 12 flashcards includes a blank space to be filled in as the learner is taking notes. After the lecture is complete, they will have actively engaged in note taking while also preparing themselves handy flashcards for future use.