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The Magic of Markets
Students examine how exchange is trading goods and services with people for other goods and services or money. They examine how people voluntarily exchange goods and services because they expect to be better off after the exchange.
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Expected Value
High schoolers discuss what expected value is, they are introduced to the concept of varyting payoffs. Students use a computer simulation of a "real world" example where expected value is used.
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The Latin American Mercado
Students spend a week learning the importance of the marketplace in Latin American life. They study and create products for their market and then role-play vendors and sellers for two days, practicing their bargaining skills and their...
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Risk Taker - Probability Web Quest
Students complete an on line, teacher created, webquest to study the origin of probability, theoretical and simulated probability; computing the probability of two independent events; and mutually exclusive events. They make a Venn...
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Schools for Sale
Students explore the concept of for-profit companies running schools. In this privatizing schools lesson, students simulate a meeting of school board members, community leaders, and other stakeholders to determine the privatization of a...
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Number The Stars
Students read a book about prejudices that occur in our daily lives. They describe characters in the book. Students discuss real life events of World War II and the Holocaust. Students simulate hiding Jews from the German soldiers. ...
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Prohibition Then; MADD Today
Students examine consumer traits. For this economics lesson, students examine the separate histories of Prohibition and Mothers Against Drunk Driving. Students participate in a classroom simulation to discover how the movements dictated...
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Payment Parliament
Students investigate how the economy works by role playing in their class. In this money management activity, students read parts from a script for use in a role playing activity simulating the Federal Reserve and their payment...
Practical Money Skills
Saving and Investing
You have to have money to make money, especially in the world of banking and investments. High schoolers learn about interest rates, saving and investment options, and ways to stay aware of their money's security and earning ability with...
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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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Economics: Who Benefits from Competition?
Young scholars examine competitive markets and complete a simulation called "The More. the Merrier." In the simulation they assess how goods are more available when competition increases. Students investigate how competition and the...
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Expected Value
Students explore expected value, are introduced to the concept of varying payoffs, and have used a computer simulation of a "real world" example where expected value is used
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Toxic Waste in Grand Banks
Students investigate the issues of economic prosperity, environmental concerns, government intervention in the market economy and responsible civic participation in solving community problems.
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Words in the News: Switzerland's Secret Weaon
Students are asked questions about the World Cup and Switzerland. They practice using new vocabulary words. They read an article about marketing campaigns for the event and answer questions.
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The Depression Domino in "Byway" Arkansas
Young scholars examine the effects of the Great Depression on the town of Byway, Arkansas. They read text, participate in a simulation of living in Byway during the Great Depression, and create a list showing how occupations were...
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Gone Fishin'
Students explore fishing and the food web. They simulate the role of fisherman using candy as fish and use provided materials to create a fishing device. Afterward, they complete data tables to organize the day's catch and report the...
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A Command Economic System
Students 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.
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Spending Log
In this money management worksheet, students will track their spending and income for one week. After tracking their income and expenses, students will complete 6 short answer questions about the results.
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Practice Buying Stocks
In this practice buying stocks worksheet, students utilize a chart to answer five comprehension questions about buying stocks and then participate in selling stocks.
Federal Reserve Bank
Turn Your Radio On
After listening to and analyzing a series of FDR's Fireside Chats, groups create their own recordings, and using New Deal programs, address a current economic condition.
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Design a Bobsled
Students apply their knowledge of friction, drag, mass and gravity as they design, build, and test mini-bobsleds.
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Murder in the First Degree - The Death of Mr. Spud
Secondary learners investigate exponential functions in a real-world scenario. They collect data on the temperature of a cooling baked potato, enter the data into lists, and graph the data using a scatter plot before finding an...
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Folk and Popular Culture
Good enough for a college class, this resources discusses multiple aspects pertaining to the issues with globalization and the differences between pop and folk culture. It defines major terminology, provides concrete examples, and...
Federal Reserve Bank
What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
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