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Additional Lessons 11 - 20 of 285 for Economists
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11. Government and Economics: The Ties That Bind
...cts and how, over the course of time, our views regarding these two subjects has changed. Its third purpose is to show the relationship of these ideas to current political and economic issues. Objectives: Students will be able to: 1. Explain and present to their classmates the concepts explained by economists since the time of Adam Smith, put these concepts into historical perspective and, where applicable, relate these ideas to current issues. 2. Understand that both political and economic systems are ever changing and that a change in either one of these systems may cause a change in the other as well....
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Grade Level: 9-12
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12. EconEdLink | EconomicsMinute | Who Is Working?
...nt this lesson Email this lesson Email this lesson Write a review of this lesson Review this lesson Find other related lessons Find related lessons EconomicsMinute Who Is Working? Key Economic Concepts: Labor Labor force Role of government Unemployment Description: This lesson teaches students what economists mean when they talk about people who are employed, unemployed, and not in the labor force. It discusses the Current Population Survey and asks students to pose as government survey workers to determine the employment status of 10 people given in the lesson. Students also create a bar graph and a lin...
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Grade Level: 6-8
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13. EconEdLink | EconomicsMinute | Fiscal and Monetary Policy Process
...nk A premier source of classroom tested, Internet-based economic lesson materials for K-12 teachers and their students EconEdLink Online Lesson Student's Version Print this lesson Print this lesson Fiscal and Monetary Policy Process Introduction: As the American economy slid into recession in 1929, economists flag graphic relied on the Classical Theory of economics, which promised that the economy would self-correct if government did not interfere. But as the recession deepened into the Great Depression and no correction occurred, economists realized that a revision in theory would be necessary. John May...
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Grade Level: 9-12
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14. EconEdLink | EconomicsMinute | The Economics of Voting
...w this lesson Find other related lessons Find related lessons EconomicsMinute The Economics of Voting Key Economic Concepts: Incentives Description: Why do so many voters stay away from the polls on election day? This is a puzzle to many people interested in the well-being of our democratic system. Economists try to explain this outcome. They suggest that voters are acting rationally in the sense that the costs associated with voting (such as advance registration, rearranging work schedules, getting to the polls, and gathering information on the candidates) appear to outweigh the benefits (influencing th...
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Grade Level: 9-12
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15. EconEdLink | EconomicsMinute | What Do You Get for Your $1,800,000,000,000?
...int. They also need to be computer literate (but not experts). What does the U. S. Federal government do with the money it collects and what is the source of that revenue? Many people have opinions on what the government should spend its money on, and this activity provides some of the data used by economists to formulate an informed opinion. Gathering actual U.S. Government figures and organizing that information simulates how economists collect and interpret data. Resources: Definitions of national income accoutns at this powerpoint. "NIPA (National Income and Product Accounts)" http://www.bea.gov/bea/...
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Grade Level: 9-12
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16. Scarcity, Opportunity Costs, and Economics Choices
...individuals and societies make economic choices. RATIONALE: Before attempting to apply economic principles to practical situations, students must develop a clear understanding of the fundamental problem in economics: scarcity. LECTURE & DISCUSSION TOPICS: Day One Scarcity Trade - Offs Day Two What Economists Do The Purpose of Models Day Three Economic Systems Day Four Characteristics of the American Economy Day Five The Goals of the Nation MATERIALS AND EQUIPMENT: School computers with internet access, student texts, classroom space. ASSIGNMENTS: Click on the Assignments link below for a description of...
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Grade Level: 9-12
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17. Demand Curve Analysis
Meant to be read AFTER Part I Explorations in Economic Demand, Part II The Demand Relationship The Determinants Economists approach the analysis of demand for a product by considering each of the same determinants or elements Bob considered in Part I. These determinants are 1. Price of the good 2. Taste or level of desire for the product by the buyer 3. Income of the buyer 4. Prices of related products: substitute produ...
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Grade Level: K-12
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18. The Student Economist
...ents are continuing to use economic terms and that the store continues to be a means of ongoing economic education. SUPPORTING ALL LEARNERS Some students will require close monitoring by the teacher when acting as student economist for the first time. You may even choose to have students work as co-economists so they can write the economist report together. LESSON EXTENSION After recording students' earnings each week on a Student Earnings Log (PDF), the student economist can graph the amount each week on a Student Earnings Graph (PDF). This will help the student economist to further track the state of t...
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Grade Level: 3-5
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19. EconEdLink | EconomicsMinute | Keynes vs. Hayek: The Rise of the Chicago School of Economics
...ic freedom Market economy Role of government Description: Economic freedom is freedom from government intervention in the production and distribution of goods and services. After World War II, governments were trying to rebuild their economies from the ground up. They looked to the ideas of the top economists of their day for guidance. These ideas have shaped economic systems and the idea of economic freedom for many years. Lesson Objectives: Students will: Learn about differences between Keynes' and Hayek's economic philosophies. Describe economic freedom according to Hayek and the Chicago School of Tho...
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Grade Level: 9-12
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20. EconEdLink | EconomicsMinute | Economic Indicators
...il this lesson Email this lesson Write a review of this lesson Review this lesson Find other related lessons Find related lessons EconomicsMinute Economic Indicators Key Economic Concepts: Consumer economics Gross domestic product (GDP) Money supply Price Production Stock market Description: How do economists make their forecasts about the U.S. economy? What are the economic indicators that help forecast economic activity and business cycles? In this lesson you will be able to retrieve up-to-date, key economic statistics which will provide valuable hints about the state of the future economy. Lesson Obje...
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Grade Level: 9-12
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