Presents a classroom activity in which students work in groups to develop a national budget. Requires students to consider economic factors such as inflation, unemployment, and taxation. Includes charts and a national budget work sheet. (CFR)

Argues that inefficiency resulting from government regulation is the natural result of a process that does not have efficiency as its primary goal. Presents three examples of government regulation as supporting evidence. Concludes that efficiency is more likely to come from elected policymakers than from bureaucrats working in regulatory agencies.…

Describes a classroom experiment that demonstrates under what conditions the parallel market rate approximates the free-market value of the domestic currency. Students act as foreign exchange traders in a developing country. Provides results of the experiment and discussion questions. (CMK)

Addresses the issue of global education in the community college, stating that because of the expanding global economy, community colleges must redefine their role, as well as address the need to internationalize some disciplines, institute more efficient language programs, and include more study abroad programs for both students and faculty in…

This student activity book and teacher's guide address specific economic terms and concepts correlated to specific student learning objectives. The concepts presented are those essential to any student developing a basic understanding of economics. Each lesson follows a specific format with a basic core of information, comprehension questions,…

These teacher developed case studies taken from the business world are presented to help secondary students develop an understanding of economics and of the decision-making process. The studies describe real business situations. All historical and current facts are provided, and students must analyze the data and make business decisions. Teacher…

Included in this student booklet are a variety of learning activities for secondary students which will aid their understanding of the United States economic system. Basic concepts are introduced which show how a market mechanism resolves the conflict between finite resources and infinite desires, how supply and demand interact, and how…

This document is the teacher's guide for SO 008 864. Developed for secondary students, the materials aid students in the understanding of the United States economic system. Along with the narrative found in the student materials, the guide presents objectives, concepts, procedures, and evaluation for completing the unit. The materials are arranged…

Students in Economics 519 at Purdue University have been guided to seeing economics in things--in their experiences, in their readings, and in their conversations--and to apply economic analysis appropriately in considering them. This course outline illustrates one technique employed which reaches the objectives of effective economics education,…

In this standard, students learn how economies, large and small, function. Supply and demand are covered in depth, and students learn to identify the production, consumption, and circulation of different types of resources in local, state, national, and world economies. Students also learn about employment and personal finance, as well as the…

Discusses methods to help the public recognize the geologic aspect of societal problems. Suggests using methods that will arouse immediate interest and demonstrate relevance in direct and personal ways. (MVL)

Presents an example that illustrates the connection between taxation of private goods or services and provision of public goods or services. Demonstrates that the burdens of taxation in the private sector can in theory be offset by gains in consumer surplus in the public sector, providing a more balanced view than can be found in many introductory…

Contends that, despite ongoing criticism, Allen's arc elasticity formula remains entrenched in the microeconomics principles curriculum. Reviews the evolution and continuing scrutiny of the formula. Argues that the use of the geometric mean offers pedagogical advantages over the traditional arithmetic mean approach. (CFR)

Reports that economist Paul Krugman identifies three types of economic writing. Asserts that the major principles of macroeconomics can be synthesized into "Five Rules of Thumb" which can help to interpret economic news. Presents and discusses these five rules and includes a survey summary of journalists and economists on this issue.…

Maintains that teachers and textbook graphics follow the same basic pattern in illustrating changes in demand curves when product prices increase. Asserts that the use of computer graphics will enable teachers to be more precise in their graphic presentation of price elasticity. (CFR)