Specialization and Voluntary Exchange
Studnets participate in a trading simulation game in which they experience the effects of trade and how trade can increase wealth.
12th - Higher Ed Social Studies & History 9 Views 12 Downloads
What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.
9th - 12th Social Studies & History CCSS: Designed
International Trade and Exchange
Your class members will begin this great lesson on the interests of international free trade and exchange by participating in an exciting hands-on simulation. They will then proceed to read a comic book on the topic and complete guided...
10th - 12th Social Studies & History CCSS: Adaptable
Unit 7 Chapter 16-17 Test Review: Global Economy
International trade and the world economics are great topics in any economics class. Provide a study guide that will ensure your kids are on track when preparing for the next exam on the global economy. There are 34 questions related to...
11th - 12th Social Studies & History
Floating Exchange Resolving Trade Imbalance
In a hypothetical global trade scenario, Sal lays out an import and export relationship between the United States and China. Through supply and demand logic, he describes a situation where the US dollar would weaken and the Chinese Yuan...
4 mins 11th - Higher Ed Social Studies & History
Currency Effect on Trade
Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles,...
14 mins 11th - Higher Ed Social Studies & History
Currency Exchange Introduction
Learners are introduced to fluctuating currency exchange rates and the role therein of supply and demand. They understand the inverse relationship between supply and price based on these concepts, and view a hypothetical scenario...
12 mins 11th - Higher Ed Social Studies & History
Currency Effect on Trade Review
For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...
10 mins 11th - Higher Ed Social Studies & History