This curriculum unit is the third part of a three-part curriculum. The focus of this unit is on the U.S.-Japan economic relationship. Increasingly, the world resembles numerous, linked sub-economies fitting into an overall global economy. The making of almost any product relies in some way on international trading. In an increasingly economically…

This lesson plan was developed through "Economics International," an international program to help build economic education in the emerging market economies. It provides a lesson description; appropriate age level; economic concepts; content standards and benchmarks; related subject areas; instruction objectives; time required for…

This economics unit of study consists of 10 lessons. Each lesson sets out key terms (such as demand, scarcity, monetary costs, property rights, and cost/benefit analysis); outlines the national content standards addressed; lists objectives; provides teaching and discussion ideas; suggests sample interactive discussion problems and sample small…

Reiterating that students have become a potent market force, explains how teachers can introduce the concept of consumer law. Gives three examples of hypothetical situations in which contracts, warranties, and ethics are discussed. (GG)

Discusses "Economics Is FUN-damental," a collection of six musical skits designed to address economic concepts in a manner meaningful and relevant to elementary students. The skits, performed by fourth and fifth graders, are designed to relate economic concepts such as scarcity and supply and demand, to real life situations. (LS)

Comments on some fundamentals of trade, suggesting that the world economy has become essentially one transnational unit. Discusses the extent to which Japan and the United States are economically linked. States that protective measures against goods produced abroad are not a solution to any nation's economic problems. (KO)

Considers alternative methods for using the computer in the intermediate macroeconomics course. Presents a flexible approach to using computer spreadsheets to illustrate the principal elements of macrotheory. Shows that the ability to fully integrate algebraic, numerical, and graphical presentations with electronic spreadsheets adds a significant…

Examines computer software currently available with most introductory economics textbooks. Compares what is available with what should be available in order to meet the goal of effectively using the microcomputer to teach economic principles. Recommends 14 specific pedagogical changes that should be made in order to improve current designs. (LS)

Presents a case study of a dry cleaning firm that can be used as a classroom activity. Provides a 12-question exercise based upon data collected. Activities are designed for both individuals and groups. (KO)

Considers how design and technology may contribute to the development of students' economic understanding. Defines design and technology and the connection to economic understanding through values. Suggests that technology teachers need to be made aware of a broad range of contexts that can be used to develop economic understanding through…

Expands on an earlier article which states that economies of scale cannot exist unless the production function exhibits increasing returns to scale. Argues that this is correct only to the extent that the firm faces constant input prices as output expands. Concludes that the assumption that product and input markets are competitive may be…

Offers a rationale for social studies and home economics teachers to collaborate to promote global awareness and citizenship. Identifies principles common to the two disciplines. Explains how teachers of the two subjects can work together to explore various aspects of a given issue. Includes a sample lesson plan. (SG)

This excerpt from "A New View: Economics and the Zoo," by Diane J. Coleman and Joyce R. Monger, gives teaching suggestions for teaching economic concepts using the zoo as a case study. It gives texts of three readings for students on the purposes of zoos, evaluating a zoo's accomplishments, and economic decision making through analysis of typical…

Presents a case study of radio broadcasting that could be used with students in an investigation of competition and regulation. Discusses the British Broadcasting Act and its attempts at privatization, encouragement of competition, and deregulation of markets. Includes questions and the Hotelling Model of a market to explain the situation in radio…

Presents results of a study to determine the effectiveness of the Stock Market Game in contributing to students' learning about financial markets. Suggests that the biggest advantage of the game it its ability to motivate students. Includes the test that was used by the study to determine how much the students had learned. (DK)