Cartels and Competition
Video Demonstration: Concepts: Materials: (See activity guide under support materials for all handouts, procedures, and visuals.) Procedure: 1. Form 6…
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…
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: 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 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 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 6: Incentives, Innovations, and Roles of Institutions
Introduction This lesson uses examples, video clips and a risk-reward mini activity to teach the relationship between innovation and economic…
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…
Lesson 7: International Monetary Exchange
Concepts Currency exchange Exchange rate Floating exchange rates Demand Supply Market clearing price Transaction cost Content Standards Standard 6: Students…
Lesson 7 Activity: Foreign Currencies and Foreign Exchange
Overview Many international exchanges of goods and services are facilitated by the exchange of the currencies of the trading countries. …
Lesson 6 Activity: The Balance of Trade Among States
Concepts Balance of payments Export Trade deficit Capital account Import Trade surplus Current account Content Standards Standard 5: Students will…
Lesson 6: The Balance of Payments Always Balances
Concepts Balance of payments Capital account Current account Export Import Trade deficit Trade surplus Content Standards Standard 5: Students will…
Lesson 5 Activity: Trash
Lesson Overview In this role play, students consider the costs and benefits to both the sellers and the buyers of…
Lesson 5: Trade and the Environment
Economic Concepts Commons or common property Opportunity cost Incentives Property rights Content Standards Standard 1: Students will understand that: Productive…
Lesson 4 Activity: Giant Sucking Sound – Job Woes or Trade Flows?*
*Developed by Dr. Ken Leonard and Kathy Ratté, based on The Job Jungle, an activity written for FTE by Prof.…
Lesson 4: Trade and Jobs
REVISED/UPDATED 2019 Lesson Overview Economic change is not easy. Whenever economies change, even if the overall change is positive, some…