Lesson Plans

To find FTE activities and lessons, please select from the different search options.  Search by topic, FTE economic reasoning proposition, Voluntary National Content Standard, or History Content Standard.

Comparative Advantage

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…

Comparative Advantage

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…

Decision Making

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…

Demand

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…

Demand

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…

E.R.P. #1

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 Featured Image
Demand

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 Featured Image
Demand

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 Featured Image
Cost-Benefit Analysis

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 Featured Image
Comparative Advantage

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 Featured Image
E.R.P. #5

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 Featured Image
E.R.P. #2

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 Featured Image
E.R.P. #2

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 Featured Image
Cost-Benefit Analysis

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 Featured Image
Competition

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 Featured Image
Cost-Benefit Analysis

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 Featured Image
Cost-Benefit Analysis

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 Featured Image
Comparative Advantage

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…