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\n\"ECONOMIC\n\n
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\nCurated OER\n
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\nECONOMIC SYSTEMS\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents list and explain the three types of economic systems as well as the three economic questions that every economic society must answer at one time or another. In addition, they identify the five features of our market economy.\n
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\n\"Economic\n\n
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\nCurated OER\n
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\nEconomic Systems\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nHigh schoolers examine and identify the different economic systems throughout the world. In groups, they develop their own economy basd on their own values and principles. They are given a problem scenerio to solve with the components...\n
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\n\"Elements\n\n
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\nCurated OER\n
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\nElements of an Economic System\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.\n
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\n\"Economic\n\n
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\nCouncil for Economic Education\n
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\nEconomic Systems of the Incas and Aztecs\n

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\n\nFor Teachers\n\n5th - 8th\n\nStandards\n
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\nThe Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...\n
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\n\"The\n\n
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\nCouncil for Economic Education\n
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\nThe Economic System of Medieval Europe\n

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\n\nFor Teachers\n\n5th - 8th\n\nStandards\n
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\nHow are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...\n
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\n\"A\n\n
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\nCurated OER\n
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\nA Command Economic System\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents discover the Command Economic System, which is found in countries like the Former Soviet Union, North Korea, and China.  Students identify five characteristics unique to the Command Economy.\n
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\n\"Bead\n\n
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\nCurated OER\n
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\nBead Game Simulation\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents have the opportunity to participate in the three basic economic systems, (market, command, and tradition).\n
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Instructional Video13:48
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\n\"When\n\n
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\nKhan Academy\n
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\nWhen Capitalism is Great and Not-So-Great\n

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\n\nFor Students\n\n8th - 12th\n
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\nComparing and contrasting Capitalism and Socialism, this lecture outlines many nuances between the two economic systems, including the ideas of meritocracy and \"fairness.\" A discussion about the effects of either system gone \"unchecked\"...\n
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Instructional Video10:47
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\n\"How\n\n
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\nCurated OER\n
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\nHow the Federal Reserve Works, Part 5\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nHow can we ensure economic growth in the United States? We need to reevaluate the economic system we're currently working with. So what is the alternative? Some key speakers share their opinions on the issue here, in the conclusion of...\n
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eBook
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\n\"Once\n\n
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\nFederal Reserve Bank\n
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\nOnce Upon a Dime\n

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\n\nFor Students\n\n6th - 12th\n\nStandards\n
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\nThe story of \"Once Upon a Dime\" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...\n
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\n\"The\n\n
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\nCurated OER\n
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\nThe Business of Agriculture\n

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\n\nFor Teachers\n\n4th - 8th\n
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\nLearners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...\n
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Worksheet
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\n\"Problems\n\n
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\nCurated OER\n
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\nProblems on Market Structure and Business\n

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\n\nFor Students\n\n9th - 12th\n
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\nIn this economics instructional activity, learners respond to 10 short answer questions regarding free market economic systems and business.\n
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Lesson Plan
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\n\"Circular\n\n
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\nCurated OER\n
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\nCircular Flows\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nTo study circular flow, learners use the plans to trace through a series of interconnected economic and financial flows to explain the workings of the American economy. They use the model developed to comprehend the effects of Federal...\n
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Instructional Video9:39
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\n\"Market\n\n
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\nCrash Course\n
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\nMarket Economy: Crash Course Government and Politics #46\n

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\n\nFor Students\n\n9th - 12th\n\nStandards\n
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\nIn a true market economy, the government has no role—or does it? Scholars investigate the role United States government and politics play in the economic system of the nation. The 46th video in a 50-part series introduces the concept of...\n
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\n\"Federal\n\n
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\nCurated OER\n
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\nFederal Reserve Activity\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nGroups of four high schoolers take a look at the Federal Reserve, and study the impacts associated with the tweaks they make to our economic system. Each group is given a true economic scenario from our nation's past, and must compile a...\n
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PPT
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\n\"Reaganomics:\n\n
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\nCurated OER\n
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\nReaganomics: A fix to the unemployment and inflation of the time\n

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\n\nFor Teachers\n\n12th - Higher Ed\n
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\nThe 1980's was an interesting time for the American economic system. This presentation relates the lead to and the effects of Reaganomics, Trickle down economy, and Clintonomics. Embedded links, works cited, and images are included. A...\n
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\n\"Introducing\n\n
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\nCurated OER\n
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\nIntroducing the Classroom Economy\n

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\n\nFor Teachers\n\n3rd - 5th\n
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\nStudents discuss the definition of economics and study how current and historic societies have had economic systems. They determine necessary classroom jobs and attach ddaily or weekly salaries to those positions. Students are introduced...\n
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\n\"The\n\n
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\nCurated OER\n
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\nThe Stock Market: Risks & Rewards\n

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\n\nFor Teachers\n\n9th - 10th\n
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\nIn order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...\n
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\n\"Economics:\n\n
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\nCurated OER\n
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\nEconomics: People as Producers and Consumers\n

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\n\nFor Teachers\n\n6th - 8th\n
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\nStudents examine the dual roles of producers and consumers in people by creating fictional stories that include examples of both. Their stories include descriptions of the tools and skills needed for the jobs of their characters and...\n
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\n\"Why\n\n
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\nCurated OER\n
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\nWhy We Trade: Exchanging Goods and Services\n

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\n\nFor Teachers\n\n1st - 2nd\n
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\nStudents conduct simple bartering and trading activities and consider how product value can be altered by the market.\n
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Lesson Plan
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\n\"How\n\n
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\nCurated OER\n
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\nHow Has the Constitution Shaped the Economic System in the United States?\n

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\n\nFor Teachers\n\n6th - 12th\n
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\nStudents examine the characteristics of market economies. In this United States economics lesson, students analyze the Constitution to understand how it contributes to the market economy established in the United States. Students...\n
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eBook
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\n\"Principles\n\n
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\nRice University\n
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\nPrinciples of Microeconomics for AP® Courses 2e\n

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\n\nFor Students\n\n9th - Higher Ed\n
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\nAn informational textbook covers key principles related to microeconomics, such as consumer behavior and using models to understand economic issues. Young scholars also complete self-check questions at the end of each section to check...\n
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eBook
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\n\"Principles\n\n
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\nRice University\n
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\nPrinciples of Macroeconomics for AP® Courses 2e\n

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\n\nFor Students\n\n9th - Higher Ed\n
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\nThe informational textbook covers topics like supply, demand, price ceilings, and markets for goods and services. Scholars also review vocabulary and test their knowledge of the material with the assessments provided within the...\n
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\n\"Andersonville\n\n
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\nCurated OER\n
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\nAndersonville Prison: A Civil War Economic Microcosm\n

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\n\nFor Teachers\n\n9th - 11th\n
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\nLearners develop the concept of economic systems. In this economic system instructional activity, students create command and market economic systems.\n
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