In this humorous dialogue that can be read and acted out as a play in high school economics classes, Karl Marx, a spokesman for communism, and Adam Smith, the father of capitalism, debate (1) whether an economy should produce designer jeans and (2) who should own McDonald's restaurant. (RM)

This paper discusses the neoclassical and the Marxist traditions in economics and the current treatment of capitalist development in history textbooks. Beginning with an overview of the classical economists, Adam Smith, Thomas Malthus, and David Ricardo, the two traditions in economics are then discussed in terms of: (1) scope and focus of…

This book is designed to help students in grades 9-12 make better decisions as spenders, savers, borrowers, and managers of money. The learning experiences focus on personal finance and money management. The 10 lessons divided into 4 units include: (1) "Challenging Choices"; (2) "Learning, Earning, and Spending"; (3) "How…

This book is designed to help advanced placement students better understand microeconomic concepts through various activities. The book contains 5 units with 73 activities, sample multiple-choice questions, sample short essay questions, and sample long essay questions. The units are entitled: (1) "The Basic Economic Problem"; (2) "The Nature and…

Designed for high school economics students as a public service project of the American Fletcher National Bank, the booklet examines the fundamentals of the profit system in attempts to dispel common misconceptions held by students. A comparison is made between newspaper carriers and big business entrepreneurs by considering the risks made in…

This book, in conjunction with the student activities books for macroeconomics and microeconomics, is designed for teaching the Advanced Placement Economics course. The book contains five units for the microeconomic portion and six units for the macroeconomic portion of the text. Along with the many activities are sample multiple-choice questions,…

Designed for high school economics students as a public service project of the American Fletcher National Bank, the booklet examines America's decreasing productivity rate in terms of the efficiency. Natural resources, labor, skilled management, and capital are essential to the productive process. When there is an increase in the cost of the…

Designed for high school economics students as a public service project of the American Fletcher National Bank, the booklet examines the American free enterprise system as it relates to the traditional lemonade stand and its ability to make a profit. The parallel is made by considering some basic principles: (1) the constant need for capital to…

Designed to parallel five student seminars televised over the Cable-Satellite Public Affairs Network (C-SPAN), this handbook provides an overview of current economic issues for high school students. Selections cover inflation, the crisis in American productivity, unemployment in the United States, global economic interdependence, and the role of…

Designed for high school economics students as a public service project of the American Fletcher National Bank, the booklet examines the "supply-side" philosophy of economics of the Reagan Administration as compared to the "demand-side" emphasis of the past. The manipulation of the nation's economy by raising or lowering…

Designed for high school economics students as a public service project of the American Fletcher National Bank, the booklet examines the heavy burdens placed on our political-economic system and compares our economy to an overloaded electrical system about to "blow a fuse." In the last two decades, America has become a self-indulgent…