Economic Systems Teacher Resources

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The Future of China's Economic System

For Teachers 9th
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...
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ECONOMIC SYSTEMS

For Teachers 9th - 12th
Students list and explain the three types of economic systems as well as the three economic questions that every economic society must answer at one time or another. In addition, they identify the five features of our market economy.
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Economic Systems

For Teachers 9th - 12th
Students examine and identify the different economic systems throughout the world. In groups, they develop their own economy basd on their own values and principles. They are given a problem scenerio to solve with the components of...
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Elements of an Economic System

For Teachers 9th - 12th
Students review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.
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Economic Systems of the Incas and Aztecs

For Teachers 6th - 8th Standards
The Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...
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The Economic System of Medieval Europe

For Teachers 6th - 8th Standards
How are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...
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A Command Economic System

For Teachers 9th - 12th
Students discover the Command Economic System, which is found in countries like the Former Soviet Union, North Korea, and China.  Students identify five characteristics unique to the Command Economy.
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Bead Game Simulation

For Teachers 9th - 12th
Students have the opportunity to participate in the three basic economic systems, (market, command, and tradition).
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13:48
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When Capitalism is Great and Not-so-great

For Students 8th - 12th
Comparing and contrasting Capitalism and Socialism, this lecture outlines many nuances between the two economic systems, including the ideas of meritocracy and "fairness." A discussion about the effects of either system gone "unchecked"...
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10:47
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How the Federal Reserve Works, Part 5

For Teachers 9th - 12th
How can we ensure economic growth in the United States? We need to reevaluate the economic system we're currently working with. So what is the alternative? Some key speakers share their opinions on the issue here, in the conclusion of...
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Once Upon a Dime

For Students 6th - 12th Standards
The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...
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The Business of Agriculture

For Teachers 4th - 8th
Learners explore the importance of agribusiness in the US economy. They play one game where they sort and discuss the importance of agricultural commodities. They also play the game Pit to better understand how agricultural products are...
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Problems on Market Structure and Business

For Students 9th - 12th
In this economics worksheet, students respond to 10 short answer questions regarding free market economic systems and business.
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Circular Flows

For Teachers 9th - 12th
To study circular flow, learners use the plans to trace through a series of interconnected economic and financial flows to explain the workings of the American economy. They use the model developed to comprehend the effects of Federal...
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9:39
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Market Economy: Crash Course Government and Politics #46

For Students 9th - 12th Standards
In a true market economy, the government has no role—or does it? Scholars investigate the role United States government and politics play in the economic system of the nation. The 46th video in a 50-part series introduces the concept of...
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Federal Reserve Activity

For Teachers 9th - 12th
Groups of four high schoolers take a look at the Federal Reserve, and study the impacts associated with the tweaks they make to our economic system. Each group is given a true economic scenario from our nation's past, and must compile a...
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Reaganomics: A fix to the unemployment and inflation of the time

For Teachers 12th - Higher Ed
The 1980's was an interesting time for the American economic system. This presentation relates the lead to and the effects of Reaganomics, Trickle down economy, and Clintonomics. Embedded links, works cited, and images are included. A...
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Create Your Own Business!

For Teachers 6th - 12th
Create a business and assess the costs of acquiring a business licenses and advertising. The class determines the name, location, business product to be sold and the best method to sell that product. A great way to understand the US...
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Introducing the Classroom Economy

For Teachers 3rd - 5th
Students discuss the definition of economics and study how current and historic societies have had economic systems. They determine necessary classroom jobs and attach ddaily or weekly salaries to those positions. Students are introduced...
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The Stock Market: Risks & Rewards

For Teachers 9th - 10th
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
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Economics: People as Producers and Consumers

For Teachers 6th - 8th
Students examine the dual roles of producers and consumers in people by creating fictional stories that include examples of both. Their stories include descriptions of the tools and skills needed for the jobs of their characters and...
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Why We Trade: Exchanging Goods and Services

For Teachers 1st - 2nd
Students conduct simple bartering and trading activities and consider how product value can be altered by the market.
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How Has the Constitution Shaped the Economic System in the United States?

For Teachers 6th - 12th
Students examine the characteristics of market economies. In this United States economics instructional activity, students analyze the Constitution to understand how it contributes to the market economy established in the United States....
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Principles of Microeconomics for AP® Courses 2e

For Students 9th - Higher Ed
An informational textbook covers key principles related to microeconomics, such as consumer behavior and using models to understand economic issues. Young scholars also complete self-check questions at the end of each section to check...

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