Students will research a resource used in the creation of a capital …
Students will research a resource used in the creation of a capital good that has led to conflict in another country. Examples could include the mining of minerals, oil, and monocrop agriculture. They will collaborate to create an engaging news broadcast that presents their findings and answers the driving question.
Student teams will work together both inside and outside the classroom to …
Student teams will work together both inside and outside the classroom to complete a “GooseChase” scavenger hunt. Students will demonstrate mastery of the basic principles of international trade.
Students will gain an understanding of the role money plays in the …
Students will gain an understanding of the role money plays in the US economy. The lesson begins with a simulation of a barter economy and discussion of the need for money. The students will then learn about the characteristics, functions, and types of money through discussion and reading an informative comic book about money.
In this cooperative learning exercise, students are separated into groups representing one …
In this cooperative learning exercise, students are separated into groups representing one of two countries. Each group determines the allocation of hours across goods to maximize utility. Then, the groups/countries get together and try to negotiate trades that will increase their total utility. Because one country has an absolute advantage in both goods, students learn the role of comparative advantage in the gains from trade.
In this lesson, students will become familiar with the fundamental concepts of …
In this lesson, students will become familiar with the fundamental concepts of international trade and foreign exchange of currency. Students will participate in a simulation of international trade followed by reading a comic book and viewing a short video about globalization and trade.
In this activity, students read an article and answer a series of …
In this activity, students read an article and answer a series of questions related to the basics of international trade and its importance to the economy.
This experiment illustrates the value of exchange to students. Students each receive …
This experiment illustrates the value of exchange to students. Students each receive an initial allocation of candy which they are asked to rank in terms of the satisfaction it provides them. They are then allowed to engage in trading with other students. After each round of trading, students are asked to reevaluate the satisfaction they derive from the new set of candy that they have. Through this process, students see that they are made better off from exchange.
No restrictions on your remixing, redistributing, or making derivative works. Give credit to the author, as required.
Your remixing, redistributing, or making derivatives works comes with some restrictions, including how it is shared.
Your redistributing comes with some restrictions. Do not remix or make derivative works.
Most restrictive license type. Prohibits most uses, sharing, and any changes.
Copyrighted materials, available under Fair Use and the TEACH Act for US-based educators, or other custom arrangements. Go to the resource provider to see their individual restrictions.