Council for Economic Education
The Columbian Exchange
What did you have for dinner last night? Many scholars ask that question without considering the history behind the foods they eat. Using a simulation, scholars investigate how the foods they eat are the product of the Columbian...
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Trade Liberalisation: A Means of Promoting Growth in Developing Countries?
Students draw diagrams to show the effect of tariffs and quotas on imports. They write about comparative advantage and the benefits to countries of free trade. They share their ideas with the class.
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Exploring the Triangle Trade and The Middle Passage
Young scholars explore the economic factors surrounding slavery in the United States, such as the Triangle Trade. In this American History lesson, students analyze primary sources such as narrative accounts and pictures, to gather...
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Economy vs. Humanity Exploring the Triangle Trade and The Middle Passage
Young scholars examine the economic factors of the Triangle Trade as they related to slavery in the US. They use primary sources to study the experience of Africans as they traveled through the Middle Passage.
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Why Nations Trade
Students examine how international trade affects a nation's economy. They read and analyze two handouts, research a scenario from the handout, determine the chronological order of the scenarios, and answer questions about a case study.
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Introduction to Economics
Students discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
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Primary Sources and Archaeology in the Study of Ancient Mediterranean Trade
Tenth graders begin the lesson plan by plotting trade routes, major empires and items traded. Using primary sources, they examine their own values regarding trading items for royality. They participate in a role-play exercise in which...
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Ancient Mediterranean Trade Fair
Sixth graders begin the lesson by discussing how artifacts are located. In groups, they define the terms supply, demand, resources and trade and discuss how the United States is affected by International trade. They use this...
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Hafta Do NAFTA?
Young scholars examine the benefits and problems of U.S. participation in the North American Free Trade Agreement. In two groups, students represent the campaign team for a presidential candidate, one for and one against NAFTA, and...
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Trading Around the World
Students role play as international traders from different continents. They negotiate prices and resolve trade barriers to better their understanding of free trade.
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Economies
Students discover different economic systems. In this global economy lesson, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other systems. This...
Federal Reserve Bank
Once Upon a Dime
The 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...
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SLAVE TRADING AND SMALL TOWNS
Students research the ways slavery shaped social and economic life in the South after 1800, the different economic, cultural, and social characteristics of slavery after 1800, and how the Atlantic slave trade finally ended.
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NAFTA Trade Unit
Learners research the geography, economics and government of Canada and how that affects US/Canadian trade relations. In this NAFTA lesson, students play a game, read about Canadian history, and creat a graph.
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Reaganomics Debate
Students examine the effectiveness of 'trickle down' economics. In this "Reaganomics" lesson, students use readings, analogies, discussion and debate to understand basic economic concepts. Students will analyze the what they think are...
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Mission Possible: Energy Trade-offs
Teams of electrical engineers work together to develop plans for increasing electricity to a fictitious, but growing community. They consider different sources of electricity, both renewable and nonrenewable, the cost of building and...
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Trade Happens Between People
Learners work together in groups to participate in a trading game. They are allowed to trade with different people in each round. They discover free and restricted trade.
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Where Does It Come From?
Fifth graders explore free trade. In this free trade lesson, 5th graders discover which commonly found products are made in the United States and which originate from other countries. Students explore which countries are better at...
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Hey, Hey! Ho, Ho! Why Do We Need the WTO?
Students participate in various hand-on activities as they study six international institutions that play important economic roles in the areas of international trade and finance.
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Mercury Emissions: "Cap and Trade" Game
Students identify the role of government in protecting the environment, and participate in a game where they run a profitable or unprofitable power plant in changing market conditions. They summarize the pros and cons of emissions credit...
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Japan's Economic Miracle
Students explore the concepts of price and demand. In groups, pupils simulate the purchase and selling of land in Japan. They create a loan, and make decisions to buy or sell as the economic market fluctuates. Classmates discuss their...
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The US-Taiwan Textile Trade Case
Young scholars explore the issues of free trade and protectionism by role-playing. In particular, they will learn how these terms apply to an understanding of U.S.-Taiwan trade in textiles. After a lecture/demo, students break into...
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RUNAWAY JOURNEYS MIGRATION
Students analyze the influences on urban life in the early and late 19th century, different economic, cultural, and social characteristics of slavery after 1800, the rise of racial hostility, and the ending of the Atlantic slave trade.
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One Dollar Around the World
Twelfth graders collaborate via ePals with another student from another country. They compare the value of a dollar with its power of acquisition in other countries. They list one dollar items and find the corresponding price in other...