Global Economy, Global Trade

How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...

What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.

Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...

Have you ever traded something? How do you know you got a good deal? Scholars use case studies and research to determine the role of globalization in fair trade. Class members examine consumer demand and competition bring to light the...

Can we eradicate extreme poverty with globalization? How far can the planet support a growing global industry? High schoolers watch an engaging video about some of the most important questions in the economic world today—and view some of...

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...

Economic principles and world history are beautifully woven together in this history presentation on medieval Indian Ocean trading. The narrator discusses the unprecedented self-regulation executed by merchants along the Indian Ocean...

When should the government step in for the greater public good? Watch a video that details what happens when market externalities need some help sorting themselves out, and whether those regulatory steps are beneficial or not.

"It's the reason we have a thriving global market place, offering us the infinite variety of things, and it's the reason we can move cargoes from remote parts of the world at minimal cost." Learn about how small-town truck driver Malcom...

Learners, in groups, research the issues surrounding one of several controversies involving food and globalization. Then they debate their position and show a PowerPoint presentation at a mock summit meeting.