Free Enterprise -- Product Cost
High schoolers are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with the class.
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GDP and Fiscal Policy Monopoly
Using the classic game of Monopoly and a revised set of rules provided in this resource, your class members will discover how GDP is calculated and practice enacting expansionary or contractionary fiscal policies. What a great way to...
10th - 12th Social Studies & History CCSS: Adaptable
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...
9th - 12th Social Studies & History CCSS: Designed
The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination
Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for higher...
9th - 12th Math CCSS: Designed
Get out of the textbook and into real economic issues with an innovative video. Crash Course Economics takes learners through a tour of macroeconomics and applies the three major factors of macroeconomics—gross domestic product,...
14 mins 9th - 12th Social Studies & History CCSS: Adaptable
Economic Systems and Macroeconomics
What works better: a planned economy or a market economy? Join the global debate with a Crash Course video about macroeconomics and the differences between economic systems. With quotes from Adam Smith and Karl Marx guiding instruction,...
10 mins 9th - 12th Social Studies & History CCSS: Adaptable
Markets, Efficiency, and Price Signals
Holiday gift-giving seasons can be lucrative for an individual business, but does a profitable season bode well for the market as a whole? A video from Crash Course Economics discusses how giving gifts to people who are uninterested in...
11 mins 9th - 12th Social Studies & History CCSS: Adaptable
The Invisible Hand
How did economist Adam Smith shock the world in 1776? By telling the world that the best way for a government to control an economy is to not control it, and to leave people to buy and sell freely. Use this brief video as a way to...
1 min 11th - 12th Social Studies & History CCSS: Adaptable
Free Enterprise: A Context for Technology
Introduced your class to the topic of free enterprise and its relationship to personal freedom. As a class, they brainstorm the ways in which what they do affects the free enterprise system and how technology can make the transition...
9th - 12th Social Studies & History