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…
Lesson 3 Activity: Standing Up For Sweatshops
Lesson Overview Based on a natural inclination to compare the lives of sweatshop workers to our own, many people react…
Lesson 3: Trade & Labor – Sweatshops
Lesson Overview Popular media and rhetoric often assert that international trade results in the exploitation of workers in developing countries…
Lesson 2 Exercise: U.S. Sugar Policy – A Sweet Deal?
Lesson Overview This reading-based activity is a combination guided discussion and paper-and-pencil exercise examining the impact of trade barriers on…
Lesson 2 Activity: The Euro – Currency Exchange and Transaction Costs
Lesson Overview: Students are given one of three types of currency and encouraged to participate in a market for a…
Lesson 2 Activity: Tic-Tac-Toe Tariff
Free Trade… Fair Trade… Who pays the tariff? LESSON DESCRIPTION: In this simulation students are citizens in Country X and…
Lesson 2: Bridges & Barriers to Trade
Lesson Overview In spite of general recognition that trade creates wealth, the history of international trade is largely a series…
Lesson 1: The Basics Still Apply: Domestic or International, A Market Is a Market
Concepts scarcity incentives specialization rational choice voluntary exchange comparative advantage opportunity cost Content Standards Standard 1: Productive resources are limited.…
Lesson 1 Activity: Tag Check
Concepts: opportunity cost interdependence incentive (price) specialization comparative advantage Content Standards: Standard 1: Productive resources are limited. Therefore, people cannot…
Lesson 1 Activity: The Magic of Markets
Overview: Trade is the voluntary exchange of goods and services. People engaging in trade must be willing to bear a…
Lesson 5: Debts, Deficits, and Debasement: Using Public Choice Economics to Understand Public Debt
Lesson Overview In this lesson, students take on the roles of elected representatives serving on the House Budget Committee. As…
Lesson 4 Appendix: State and City Budget and Financial Reporting
Lesson Overview Understanding the financial standing of state governments is not easy. Balanced budgets don’t have to balance and reading…
Lesson 4: Where are the Numbers? – Tracking the Words and Tracking the Deeds
Lesson Overview An African proverb says, “when deeds speak, words mean nothing,” or more familiarly, “actions speak louder than words.” …
Lesson 2: Where Does our Money Go?
Lesson Overview In this lesson, students learn how and where the Federal Government spends money. Using the Lesson 2 Activity…
Lesson 3: Is our Federal Debt Sustainable?
Lesson Overview The federal debt of the United States has grown rapidly in recent years, and projections show that trend…