Economic Systems Teacher Resources

Brief video [0:21] and quiz on world economic development.

Economics lesson on unintended consequences taught with humor from this Seinfeld video clip [0:44] in which Kramer burns down the cabin of George's new girlfriend.

This resource shows the different roles that the government plays in relation to the economy. It talks about the federal budget, the different responsibilities the government has, federal efforts to control monopolies, government...

Explains what a market economy is, forms of capitalism and forms of market socialism.

On Jan. 1, 1999 11 European countries united in the European Monetary Union. The new single currency bloc includes almost 300 million consumers and creates the second-largest economy in the world. How will this new union affect the...

In this lesson, learners explore what money is and how it differs around the world. They will compare U.S. currency with play money and with foreign currency. They will then use their knowledge to design their own money.

Students learn about banks and credit unions, identifying similarities and differences between the two types of financial institution. They also evaluate a local bank and credit union to determine which one would be better suited to...

In a dictionary of political economic terms, Dr. Paul Johnson explains socialism. The site also includes hyperlinks to several related topics.

There's a world of opportunity to re-think and re-design the way we make stuff. 'Re-Thinking Progress' explores how through a change in perspective we can re-design the way our economy works- designing products that can be 'made to be...

Learning unit and essay writing contest based on Ayn Rand's dystopian novella, Anthem. Includes student reading guides, essay guidelines and contest link.

This site shows the reasons for Karl Marx's belief in a command economy, and contrasts Marx's views from other philosophers such as Locke and Voltaire.

This page provides access to the essay "Why Socialism?" by Albert Einstein originally published in the first issue of Monthly Review (May 1949). Einstein argues for socialism as the way to rise above the predatory phase of human...

This lesson will examine Karl Marx class conflict through examination of means of production, capitalists, proletarians, class conflict, social inequality, and alienation . It is 4 of 4 in the series titled "Marx and Class Conflict."

In this video, the concept of Communism and where it came from is explained. [3:54]

This video [8:14] explains why Keynesian thinking might not be ideal sometimes.

John Green teaches you about capitalism and socialism in a way that is sure to please commenters from both sides of the debate. Learn how capitalism arose from the industrial revolution, and then gave rise to socialism. Learn about how...

This quiz will compare trading in the past and trading in the present. It will also look at the use of money in the United States today.

This lesson will examine Karl Marx class conflict through examination of means of production, capitalists, proletarians, class conflict, social inequality, and alienation . It is 3 of 4 in the series titled "Marx and Class Conflict."