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Lesson 1, Part 2 Activity: Will the Real Capitalism Please Stand Up?
Will the Real Capitalism Please Stand Up? “Will the Real Capitalism . . .?”download .doc file Lesson Overview The traditional, “comparative systems” approach to categorizing national economies proves less than…
College Credit for EFAH
…the FTE/UCCS portal at https://www.uccs.edu/lases/programs-a-l/fte. Choose Economic Forces in American History (Student Program) from the course listing. Download the registration directions and follow the steps listed in the downloaded document….
Lesson 4 Activity: Giant Sucking Sound
…and nations have a comparative advantage in the production of goods or services if they can produce a product at a lower opportunity cost than other individuals or nations. Comparative…
Lesson 1 Activity: Are Disasters Good for the Economy?
…“The Broken Window Fallacy” (Visual # 4) Group Directions (Visual #2) – 1 per student group Video Demonstration https://www.youtube.com/watch?v=kVpgZrNj9IA Procedures: 1. Show students visual #1 and develop the vocabulary. Emphasize…
Lesson 4: How Incentives Affect Innovation
…takes a single individual to own a cell phone or computer for whole groups of communities to benefit. . . . This community access model is also proving to be…
Lesson 5: The Tragedy of the Commons
download EWE Lesson 5 (.doc file) Concepts: Incentives Property rights Tragedy of the commons Content Standards: Standard 10: Institutions evolve in market economies to help individuals and groups accomplish their…
Lesson 2 Activity: Tic-Tac-Toe Tariff
…trade. NOTE: The Dum Dum flavors listed in handout 1 are the 2018 flavors. Check the Dum Dum website for current flavors and update handout 1 if necessary. https://www.dumdumpops.com/vote-for-flavors Arrange…
Lesson 1: When Is a Basketball a Substitute for Water?
download EWE Lesson1 (.doc file) Concepts Choices Incentives Law of demand Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 8: Prices send signals and provide…
The Bread Market!
Download Bread Market Teacher Guide, Handouts and Visuals doc file (or pdf). An emergent order activity to accompany the poem and video “It’s a Wonderful Loaf,” by Russ Roberts. LESSON…
Lesson 3 Activity: The More, the Merrier
…Page numbers refer to the downloadable version of this activity. All handouts and visuals included in the download file linked above. Activity 4 Slide Deck – https://docs.google.com/presentation/d/1H5ZLOw2ymzAmU8eIkZEBs47Vsk7isasWND8b3zG-DNs/edit?usp=sharing Several (6-8) boxes…