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Intro to Free Enterprise + Advantages and DisadvantagesStudents will be introduced to the free market economic system, and the advanatges and disadvantages of it. They will complete and reading worksheet, accompanied by response questions at the end of each page.
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Comparing Economic SystemsStudents will read and discuss multiple, different economic systems. They will compare and contrast economic systems in an organizer, and by filling out a questionaire.
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Market Signals and Government DirectivesStudents will do a quick reading, followed up by an essay of their response to a scenario with market signals, and government directives. No prior knowledge on the topic is needed for this quick lesson.
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Capitalism and PovertyStudents will analyze capitalism across the world, comparing poverty rates and finding possible correlations. Students will participate in writing and discussion activities. This lesson is quite lengthy, feel free to cut down the lesson, otherwise this lesson should take 2 class periods.
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Other Useful Sources
MacroeconomicsEssential Questions:
How should businesses and governments respond to changes in the business cycle? Why are poor people poor? |
STOCK MARKET GAME Play Ms. Eckert's stock market game.
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Business CyclesEssential Questions:
Why are poor people poor? |
LESSON: Business Cycles
Take notes on Ms. Eckert's presentation, then complete the Business Cycle Activity. LESSON: Recession and Poverty
Take notes on Ms. Eckert's presentation. Watch the videos below to reinforce your learning. LESSON: The Line
Watch the documentary below on poverty in America and complete the Questions as you go. LESSON: GDP
Take notes on Ms. Eckert's presentation, then read the GDP Article. LESSON: Inflation
Take notes on Ms. Eckert's presentation, then read Inflation Article and respond to main idea questions. |
Government RoleEssential Questions:
Is the economic system in the United States fair? What can history tell us about the extent to which government should regulate trade? |
LESSON: Government Role and Fiscal Policy
Take notes on Ms. Eckert's presentation, the read the Fiscal Policy Article and respond to questions. Watch the video below and respond to the speakers argument. Do you agree? LESSON: Monetary Policy
Take notes on Ms. Eckert's presentation, then listen to the NPR podcast below. Do you agree with the summation? LESSON: Macroeconomic Theories
Complete Schools of Thought Activity before class. Take notes on Ms. Eckert's presentation, then complete the Federal Budget Activity. |
Global TradeEssential Questions:
Is the economic system in the United States fair? What can history tell us about the extent to which government should regulate trade? |
Click to go to interactive map.
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