This context-rich problem helps students to apply the characteristics of imperfect competition to a real world setting.
Western Mining History presents Historical|Photographs of stagecoach transportation in the Old West. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.
The Foundation for Teaching Economics is pleased to make available to teachers the content outlines, classroom activities, and teacher materials (demonstration videos and lecture presentations) for each of our residential, one-day, and online curricula. Each curriculum topic link on the left connects you to an overview and table of contents. From there, you may: browse the lessons as web pages; access download links for lessons as editable word documents; use live source links to update statistical data; print instructions and student handouts for classroom activities; and, review and prepare for your classroom by reviewing activity videos and powerpoint lectures.
Want to learn about the Federal Reserve? Have no fear! In Plain English describes the structure and functions of the Federal Reserve System in an easy-to-understand interactive format.
Federal individual income tax must be paid to the U.S. government, but the amounts paid vary widely. The December 2016 issue of Page One Economics: Focus on Finance addresses basic facts about the tax—its history, purpose, and current structure.
Western Mining History presents a short tour of tent towns from the frontier west during the gold and silver rush. The resources shows Photos of miner's cabins and living conditions. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.
Western Mining History presents Historical|Photographs of stagecoach transportation in the Old West. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.
Independence, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.
Spreadsheets Across Curriculum module. Students build spreadsheets to examine the price of gasoline, 1978-2005. QL: using ratios and proportions to make comparisons.
The federal individual income tax is certain. The December 2018 issue addresses basic facts about the federal individual income tax and the new changes in taxation laws in the 2017 Tax Cuts and Jobs Act.
In this 5 minute video, students will examine what inflation is and how it can affect consumers and producers. This video will aid in mastery of standard EPF. 5 (b)
The fourth episode of our podcast series, The Economic Lowdown, discusses three aspects of inflation: what it is, what causes it and how it is measured. The episode also addresses related topics such as deflation, disinflation and the role of the Federal Reserve in monitoring inflation.
Students learn the concepts of money and inflation in the context of world history. They first participate in a role play to learn how debasement increased the Roman money supply and caused inflation in the Roman Empire. They receive a soldier’s wages in coins (candy) and participate in an auction, and then receive higher wages in debased coins (candy) and participate in a second auction. They compare the outcomes of the auctions and learn that inflation occurs when “too much money is chasing too few goods” and that this outcome characterized the economy during the last centuries of the Roman Empire. Finally, students analyze historical data and read historical quotes that show how people in the Roman Empire responded to inflation.
When tragedy strikes, how do people avoid bearing all of the costs of their loss? Learn more in the February 2017 issue of Page One Economics: Focus on Finance.
Insurance: Protecting Yourself from Damage is the sixth video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." This episode begins with examples of activities with varying amounts of risk and introduces insurance, explaining how it is used to transfer or reduce risk. With a story about a homeowner, students learn several key insurance related concepts and terms. The content for these videos was reviewed by members of the Missouri Insurance Education Foundation.
This activity provides a classroom impact evaluation exercise that serves as an introduction to the primary investigative tool of current Development economics.
In this teaching exercise students will extend the conventional economic framework for analyzing the causes and consequences of unemployment to incorporate insight from psychologists and sociologists. Thus, the exercise adopts the hierarchical approach to interdisciplinary learning. Students will explore theories from psychologists and sociologists that link joblessness to emotional well-being and discover how economists then connect the psychological status of a nation's workforce to their productivity. These linkages are then built into standard economic models for analyzing aggregate output and prices (i.e., aggregate supply aggregate demand) and for employment determination (i.e., marginal productivity theory of labor) to obtain a richer more complete understanding of the impact of a recession. The analysis reveals that recessions are expected to be deeper and of greater duration when an interdisciplinary analysis is conducted. Moreover, alternative (i.e., non-neoclassical) paradigms within the discipline of economics for explaining joblessness are briefly described and brought into the discussion. Finally, policy options for eliminating a recession are re-considered given the interdisciplinary framework offered in this exercise.
This course examines the interconnections of international politics and climate change. Beginning with an analysis of the strategic and environmental legacies of the 20th Century, it explores the politicization of the natural environment, the role of science in this process, and the gradual shifts in political concerns to incorporate "nature". Two general thrusts of climate-politics connections are pursued, namely those related to (a) conflict - focusing on threats to security due to environmental dislocations and (b) cooperation - focusing on the politics of international treaties that have contributed to emergent processes for global accord in response to evidence of climate change. The course concludes by addressing the question of: "What Next?
As Adam Smith said, everyone lives by exchanging. They exchange—buy and sell—to make themselves better off. Does the same principle apply to international trade? Do nations benefit from importing and exporting? The November 2016 issue of Page One Economics explains the basics of international trade and its importance to the economy.
In this just-in-time activity, students submit responses before class to demonstrate their ability to use concepts from a textbook reading on money. In-class follow-up activities are recommended.