Classical and Keynesian Views of the Economy
In this economic worksheet, students answer questions and examine graphs representing the two views on economics. Students are then asked to write about their own opinion.
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“In Memoriam:” Influential Economists and Their Theories
Here is a great activity that will help your class members review the theories of classic economists regarding markets, competition, and individual initiative. After dividing into groups, learners will plan a eulogy to celebrate the life...
9th - 12th Social Studies & History CCSS: Adaptable
Learning About the Federal Budget: “Get a Pencil, You’re Tackling the Deficit!”
Your class members have been selected by the president to help solve the budget crisis as part of a special deficit commission. After learning about fiscal policy, economic theories, and the federal budget through a detailed PowerPoint...
10th - 12th Social Studies & History CCSS: Adaptable
An Intro to Keynes’s The General Theory of Employment, Interest and Money
How quickly can an economy recover from a shock? John Maynard Keynes challenges the classical economist view of a self-correcting economy with his 1936 work, The General Theory of Employment, Interest and Money. A short view features the...
3 mins 9th - 12th Social Studies & History CCSS: Adaptable
Understanding how consumers think is key to staying in business. Show high schoolers how their buying behavior really does affect the way the economy works with an informative video from Crash Course Economics. The video illustrates the...
11 mins 9th - 12th Social Studies & History CCSS: Adaptable
Debt Loops Rationale and Effects
Now that scholars understand more of currency imbalance and artificially suppressed currency, Sal discusses motivations of the different actors. He briefly touches on the difficulty of unwinding a cycle like this once it has begun....
12 mins 11th - Higher Ed Social Studies & History