Lesson 1 Part 1: What is Poverty and Who are the Poor?
Part 1: What is Poverty and Who are the Poor? Concepts absolute poverty income relative poverty wealth National Voluntary Content…
Socialism: Myths vs Realities
Program content will examine key themes and issues of socialism that middle and high school teachers can use to understand…
Lesson 6: Estonia
Introduction In this lesson, students learn how Estonia is a testament to the productive and ennobling power of freedom. After…
Lesson 9: Money and Inflation
Introduction In this lesson students learn that anything that performs the functions of money can be money (even macaroni!). As…
Activity: The Wheat Activity
Lesson Description: In this simulation students are workers producing wheat. The students will use their available capital (pencils) to produce…
Activity: Foreign Currency and Foreign Exchange
Overview Many international exchanges of goods and services are facilitated by the exchange of the currencies of the trading countries. …
Activity: A Pollution Solution
Lesson Overview In this activity, students acting as owners of companies emitting proscribed substances engage in a market for tradable…
Activity: Farmers and Fishers
Video Demonstration: Concepts: Content Standards: Standard 4: People respond predictably to positive and negative incentives. Standard 5: Voluntary exchange…
Activity: The Fish Game
Video Demonstration: Lesson Description: In this lesson, students catch fish in the classroom lake, first, when the fish are owned…
Activity: The Job Jungle – A Labor Market Game*
*Copyright © 2001 Raymond P.H. Fishe – used by permission. Foundation for Teaching Economics. Permission granted to copy in whole or…
Activity: In the Chips — A Market in Computer Chips
Introduction: Understanding how markets work and the role of prices within markets is an important key to being able to…
Activity: Cartels and Competition
Video Demonstration: Concepts: Materials: (See activity guide under support materials for all handouts, procedures, and visuals.)
Activity: The Magic of Markets – Trade Creates Wealth
Overview: Trade is the voluntary exchange of goods and services. People engaging in trade must be willing to bear a…
Lesson 10: International Markets
Introduction In this lesson students apply the model of supply and demand to international markets for goods and services and…
Lesson 8: Setting the Rules – Costs and Benefits of Government Action
Introduction This lesson gives students the opportunity to apply the economic way of thinking to the political arena. After exploring…
Lesson 7: Property Rights – Is the Environment Different?
Introduction In this lesson students apply the tools of economic analysis to environmental problems. Through the analysis of historical and…
Lesson 5: Labor Markets
Introduction The focus of this lesson is on the choices made by buyers and sellers of labor services, and the…
Lesson 4: Markets in Action
Introduction This lesson has two goals: The first is to expand students’ understanding of markets by discussing government-imposed frictions that…