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
Fight of the Century: Keynes vs. Hayek Round Two
In a witty and entertaining video, world-renowned economists John Maynard Keynes and Friedrich Hayek come to life and debate impact of government spending on the economy through the medium of a rap song and metaphor of a boxing match.
10 mins 10th - 12th Social Studies & History CCSS: Adaptable
Fiscal Policy and Stimulus
A country with high recessionary and inflationary gaps has several options to stimulate growth. A video focused on fiscal policy inspires young economists to explore the ways a government can influence, regulate, and stabilize (or...
12 mins 9th - 12th Social Studies & History CCSS: Adaptable
20th Centrury Capitalism and Regulation in the United States
The speaker in this lecture takes the viewer on a journey through the world of modern finance, from the era of Rockefeller and Vanderbilt to the 2008 financial crisis. Exploring the presence of the American government in the economy,...
14 mins 8th - 12th Social Studies & History
New Review 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
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
New Review Behavioral Economics
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