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…
Lesson 6: Estonia
Introduction In this lesson, students learn how Estonia is a testament to the productive and ennobling power of freedom. After…
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…
Is Capitalism Good for the Poor?
The lesson plans and student activities in Is Capitalism Good for the Poor? (CAP) have been carefully designed and written by…
Lesson 5 Activity: The Ultimatum Game
Activity Demonstration Video Concepts self-interest markets Content Standards This activity addresses parts of the following content standards in economics. Note…
Lesson 5: Character Values and Capitalism
Concepts incentives rule of law standard of living property rights economic growth National Voluntary Content Standards in Economics The background…
Lesson 4 Activity: It’s Not Rocket Science
Concepts incentives profit invention competition property rights innovation Content Standards This activity addresses parts of the following content standards in…
Lesson 4: How Incentives Affect Innovation
Concepts incentives profit competition entrepreneurship economic growth innovation National Voluntary Content Standards in Economics The background materials and student activities…
Lesson 3 Activity: The More, the Merrier
Activity Demonstration Video: Introduction The friendly invitation, “the more, the merrier,” may not have originated to describe market competition, but…
Lesson 3: Beneficiaries of Competition
Concepts market entrepreneurship competition incentives property rights human capital National Voluntary Content Standards in Economics The background materials and student…