Can teachers promote true economic understanding among students by adding a dose of psychology? Fans of behavioral economics, with its unique blend of psychology and economics, think so. Blending a bit of behavioral economics into social studies lessons provides answers to the ever-present questions that permeate every classroom,"What does…

This article presents detailed instructional plans for a two-day, high school-level lesson on wealth distribution in society. The terms "income" and "wealth" are defined and compared, and the significance of studying wealth is discussed. Resources for the lesson are identified, and a pedagogical mode is outlined in relation to…

Weather phenomena across the United States have provided heightened attention to climate change in headlines such as "Heavy Rain and Floods: The 'New Normal' with Climate Change?" ("Christian Science Monitor," Aug. 14, 2014); "Delay Action on Climate Change by 10 Years and Costs Rocket 40%"…

The rise of China, as well as any of the emerging economies, has much to offer students and teachers of social studies--especially in the fields of history and economics. Traditionally, history education in the United States has emphasized Western civilization and provided instruction for educators with that end in mind. In an era of increased…

This article presents an overview of major factors contributing to the Great Recession of 2007-2009. Descriptions of teaching resources and ideas for lesson plans are provided.

When highly visible lapses in ethics occur, education gets some of the blame. Principals in the U.S. subprime mortgage crisis and the Enron scandal had been educated at Harvard and other elite business schools, where professional and moral ideals had arguably been replaced by a focus on profits at the expense of ethics. A long-standing tradition…

This comprehensive, reader-friendly text demonstrates how personal connections can be incorporated into social studies education while meeting standards of the National Council for the Social Studies. Praised for its wealth of strategies that go beyond social studies content teaching--including classroom strategies, pedagogical techniques,…

The 2009 Nevada Legislature approved Senate Bill 317 (SB 317) requiring that Nevada's public high schools, including charter schools, provide instruction in financial literacy. In an effort to assist school districts with implementation of instruction in financial literacy, the Nevada Department of Education assembled a task force (Financial…

History matters. It matters not only because people can learn from the past, but because the present and the future are connected to the past by the continuity of a society's institutions. Today and tomorrow's choices are shaped by the past. And the past can be made intelligible only as a story of institutional evolution. This story focuses on the…

This introductory lesson on teaching economics concepts contains sections on the following: purpose; objectives; time; materials needed; and step-by-step classroom procedures. The focus is on the economic problem of scarcity and opportunity costs. Attached is an original skit, "There's no such thing as a free lunch," and a chart that…

This lesson plan offers students the opportunity to participate in the three basic economic systems (market, command, and tradition). By working in each of the systems, students will internalize the fundamental values present in each system and will gain insights into the basic advantages and disadvantages of each system. The lesson plan provides…

This lesson plan features a classroom simulation that helps students understand a command economic system. The lesson plan states a purpose; gives student educational objectives; suggests a time duration for the activity; lists materials needed; and outlines a step-by-step teaching procedure. Instructions for a research and writing homework…

This economics education publication focuses on the U.S. stock market and the risk and uncertainty that an individual faces when investing in the market. The material explains that risk and uncertainty relate to the same underlying concept randomness. It defines and discusses both concepts and notes that although risk is quantifiable, uncertainty…

Bringing mathematics and economics together to connect them in students' minds gives students very important skills they can use in their lives. This book is intended for high school mathematics teachers, with lessons designed to reinforce the mathematics concepts and processes taught by using examples from economics. The book consists of 15…

Thirty years ago a cashless society was predicted for the near future; paper currency and checks would be an antiquated symbol of the past. Consumers would embrace a new alternative for making payments: electronic money. But currency is still used for 87% of payments, mainly for "nickel and dime" purchases. And checks are the payment…