Lesson 1: Opportunity Cost
Concepts: Opportunity Cost Scarcity Capital Goods Choice Consumer Goods Communism Content Standards and Benchmarks (1, 3 and 15): Standard 1:…
Lesson 5: Are Disasters “A Disaster” for Lesson Planning?
download EOD lesson 5 outline (including source citations and links) Teaching About the Next Disaster The concepts, models, and analytical…
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…