
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…

Lesson 3: When Disaster Strikes, What Can Government Do?
download EOD Lesson 3 Outline (including graphs and source citations) Concepts: incentives public choice thoery public good bureaucracy comparative advantage…

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…

Lesson 2 Activity: The Market for Thingamajigs – Price Gouging?
download Market for Thingamajigs activity guide, including handouts download pdf version of game handouts Introduction: Understanding how markets work and…

Lesson 2: When Disaster Strikes, What Can Markets Do?
download EOD Lesson 2 Outline (including graphs and source citations) Concepts scarcity price incentive supply supply shock determinants of supply demand…

Lesson 1: Are Disasters Good for the Economy?
download EOD lesson 1 outline including graphs and source citations Concepts: human capital economic growth technology physical capital per capita…

Lesson 7 Activity: Foreign Currencies and Foreign Exchange
Download Foreign Currency Activity: Teacher Guide, Handouts, Visuals (.doc file) Overview Many international exchanges of goods and services are facilitated…

Lesson 7: International Monetary Exchange
Download Lesson 7 Guide Concepts Currency exchange Exchange rate Floating exchange rates Demand Supply Market clearing price Transaction cost Content…

Lesson 6: The Balance of Payments Always Balances
Download Lesson 6 Guide Concepts Balance of payments Capital account Current account Export Import Trade deficit Trade surplus Content Standards…

Lesson 4 Activity: Giant Sucking Sound
Activity: The “Giant Sucking Sound” – Job Woes or Trade Flows?* Download Giant Sucking Sound Activity: Teacher Guide, Handouts, Visuals (.doc…

Lesson 4: Trade and Jobs
REVISED/UPDATED 2019 Download Updated Lesson4 Guide Lesson Overview Economic change is not easy. Whenever economies change, even if the overall…

Lesson 3: Trade & Labor: Sweatshops
Download IIT Lesson 3 Guide Lesson Overview Popular media and rhetoric often assert that international trade results in the exploitation of…

Lesson 2 Activity: The Euro
Activity: The Euro – Currency Exchange and Transaction Costs Download Euro Activity: Teacher Guide, Handouts, Visuals (.doc file) Lesson Overview: Students…

Lesson 2 Activity: Tic-Tac-Toe Tariff
Free Trade… Fair Trade… Who pays the tariff? Download Tic-Tac-Toe Tariff Teacher Guide, Handouts and Visuals doc file (or pdf). Virtual…

Lesson 2 Activity: U.S. Sugar Policy
Activity: U.S. Sugar Policy: A Sweet Deal? Download Sugar Activity: Teacher Guide, Handouts, Visuals (.doc file) Lesson Overview This reading-based…

Lesson 2: Bridges & Barriers to Trade
Download IIT Lesson 2 Guide Lesson Overview In spite of general recognition that trade creates wealth, the history of international…

Lesson 1 Activity: The Magic of Markets
Download Magic of Markets Guide Overview: Trade is the voluntary exchange of goods and services. People engaging in trade must…

Lesson 1 Activity: Tag Check
Activity: Tag Check Download Tag Check guide Virtual Lesson Slides Concepts: opportunity cost interdependence incentive (price) specialization comparative advantage Content…