Lesson 1: Are Disasters Good for the Economy?

…Economic Policy Research Discussion Paper Series No. 3791, February, 2003. http://www.cepr.org/pubs/dps/DP3791.asp (3-30) Editor. “Plague and Economics.” Economist, Dec. 23, 1999. http://www.economist.com/diversions/millennium/displayStory.cfm?Story_ID=346790 Eyewitness to History. “The Black Death, 1348.” http://www.eyewitnesstohistory.com/plague.htm (3-21-07)…

Lesson 4: When Disaster Strikes, What Can We Do?

download EOD lesson 4 outline (including source citations) Concepts: comparative advantage incentives competition Federal Reserve System money liquidity personal exchange commercial(impresonal) exchange Content Standards: Standard 6: When individuals, regions, and…

Lesson 2: Where Does our Money Go?

Download Lesson 2, Activity and Handouts Download Lesson 2 Slides Lesson Overview In this lesson, students learn how and where the Federal Government spends money. Using the Lesson 2 Activity…

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Lesson 2: Bridges & Barriers to Trade

…At the completion of grade 12, students will know Individuals and nations have a comparative advantage in the production of goods or services if they can produce a product at…

Lesson 1: Our National Debt

…debt was even larger than GDP in 2023.) See U.S. Debt Clock for current numbers: https://www.usdebtclock.org/ Who owes more? State governments combined, Local governments combined, U.S. Consumers combined, or the…

Lesson 3: Is our Federal Debt Sustainable?

…the alternatives against measurable criteria. Resources The Fiscal Ship as a Teaching Tool https://www.brookings.edu/wp-content/uploads/2019/06/Fiscal-Ship-Game-Guide_new-1.pdf How to Play the Fiscal Ship https://www.youtube.com/watch?v=QSWUcaT4GGA Fiscal Ship Classroom Guidelines http://teach.fiscalship.org/EduLandingPage_FiscalShip_files/classroom_guidelines.pdf Lesson 3 Essential Understandings…

Historical Overview (2012 update)

…World Economy: Historical Statistics, Maddison 2003. World Population, GDP and Per Capita GDP, 1-2003 AD, Maddison, 2007, http://www.ggdc.net/maddison and http://www.ggdc.net/MADDISON/oriindex.htm for 2008 data. Western Europe $427 $772 $977 $1,202 $2,892…

2015 Federal Reserve Conference Lectures and Readings

…Powers for the Federal Reserve?” draft for the Journal of Economic Literature Cambridge, Massachusetts, December 2009. http://www.nber.org/feldstein/fedpowers.pdf Downloads: Dorn Lecture Slides (ppt download) Audio file is not connected to the…

Lesson 2 Activity: Nobody Knows Everything

download Nobody Knows Everything activity guide download Powerpoint slides Lesson Overview Based on television game shows in which contestants are pitted against an audience group, this activity is designed to…

Lesson 4 Appendix: State and City Budget and Financial Reporting

…Illinois Comprehensive Annual Financial Report 2019. https://illinoiscomptroller.gov/financial-data/find-a-report/comprehensive-reporting/comprehensive-annual-financial-report/fiscal-year-2019/ Handout 1: States’ Fiscal Health Check-Up Directions: Compare the fiscal health of 4 states at https://www.data-z.org/. Include a state that ranks in the…