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Traditional Versus Shadow Banking
Here is a detailed breakdown of the traditional banking system, including the roles that intermediaries play as brokers and in making loans, as well as an introduction to the parallel system of shadow banking.
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Foreign Economics
Why do so many countries export cars? Economists examine this and other foreign economics principles through this introductory activity. A brief text explains international trade, then lists the top 11 leaders in global trade, along with...
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Financial Crises, Reform, and Central Banking: Establishing the Federal Reserve
From the First and Second Banks of the United States to the founding of the Federal Reserve, discover how the American nation attempted to reform its financial history throughout the years.
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GDP: Does It Measure Up?
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional worksheet that details the expenditure method and four components for...
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What Are the ‘Ingredients’ for Economic Growth?
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
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Constitutionality of a Central Bank
Considering the expressed and implied powers of Congress, was it constitutional for the United States to establish the Second National Bank in the early nineteenth century? What is the constitutionality of the Federal Reserve System?
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Natural Disasters: From Destruction to Recovery
What are the major economic implications, both good and bad, of natural disasters? Discover the effect that natural disasters can have on labor market conditions, capital, household incomes, and opportunities for reconstruction in local...
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The Legacy of the Olympics: Economic Burden or Boon?
Do the economic benefits of major sporting events such as the Olympics or the World Cup outweigh the expected costs? Using fundamental economic terms, discover the explicit and implicit costs and benefits for countries that host these...
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Then and Now: Fed Policy Actions During the Great Depression and Great Recession
Review the Great Depression in the United States from an economist's perspective, examining roots of the crash, government policy actions, and policies instituted by the Fed.
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What Makes The Good Life
What makes a good life? What makes life hard? Get your class thinking about the global picture with this extensive packet. They read quotes from around the world, analyze statistical data from every continent, then read and answer...
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“Dewey Defeats Truman”: Be Aware of Data Revisions
Discover the impact and importance of data releases about current economic conditions in the United States. Your class members will learn about data revision and the GDP, and how these figures can alter people's views on the economy.
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Deflation: Who Let the Air Out?
Why do decreasing prices (deflation) restrain economic growth, and why is this a real concern? Here you'll find reading materials and a related worksheet that gets right to the heart of this question, using recent events and real...
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Financial Regulation: A Primer on the Dodd-Frank Act
Get the lowdown on the most sweeping financial regulatory reform since the Great Depression: the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
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Time Inconsistency: Today’s Actions = Tomorrow’s Regrets
Why do we choose instant gratification over maximizing lifetime satisfaction? How is this reflected in government and macroeconomics? Learn how one research analyst proposes individuals and governments can accomplish greater lifetime...
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Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and education.
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The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?
How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in the United States.
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Supply & Demand (Economics)
In this economics worksheet, students answer six questions about supply and demand by using the provided word bank.
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Cartoons for the Classroom: The Credit Crisis
Political cartoons are interesting and motivating, and they provide a great opportunity for critical informational analysis. This resource includes background information on the current credit crisis, a political cartoon, and three...
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Money and Inflation: A Functional Relationship
What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading...
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Choices Are Everywhere: Why Can’t We Just Have It All?
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics.
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Wait, Is Saving Good or Bad? The Paradox of Thrift
Could saving really harm the economy? Discover the paradox of thrift and how decreases in consumption can affect economic recovery and various markets and industries.
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Writing A Check
In this economics worksheet, 6th graders are provided with three checks to practice writing in the components of a check. Students will write in all pertinent information including address, date, check amount, and signature.
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Sample Check and Deposit Slip
In this economics worksheet, students learn life skills by learning to fill out a check, a check register and a deposit slip. Students study the samples before completing their own examples on the blank forms.
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A New Business: Vinnie's Pizzeria and the Lessons of Supply and Demand
In this supply and demand worksheet, learners read about supply and demand and the impact these can have on a new business. They then answer the 9 questions in the packet. The answers are at the end of the packet.