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Lesson Plan
Curated OER

Undercounting Unemployment

For Teachers 8th - 12th
Students examine what defines unemployment numbers in the United States. In this economic data lesson, students complete worksheets, watch a video, and have a class debate in order to understand how the U.S. defines and comes up with...
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Worksheet
Curated OER

Price Elasticity of Demand (PED)

For Students 12th - Higher Ed
In this economics worksheet, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
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Lesson Plan
Council for Economic Education

Production Possibilities Curve

For Students 9th - 12th Standards
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
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Instructional Video3:22
Jacob Clifford

Aggregate Demand Practice

For Students 11th - 12th Standards
Enlist the support of Mr. Clifford in your lesson on aggregate demand, as the economics instructor explains what the term means and entails, illustrates the downward facing slope of aggregate demand on a graph, and guides students in...
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Instructional Video4:35
Emergent Order

Deck the Halls with Macro Follies

For Students 11th - 12th Standards
Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists. 
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Instructional Video8:07
Emergent Order

The Economics of Dallas Buyers Club

For Students 11th - 12th Standards
How do entrepreneurship and crony capitalism intersect with federal regulation and the Food and Drug Administration in Dallas Buyers Club? This is a fascinating video that covers a wealth of economic concepts while referencing the recent...
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Instructional Video4:53
Emergent Order

"The Cluster of Errors" - The Austrian Theory of Boom and Bust

For Students 10th - 12th Standards
Does the financial crises of 2008 fit the Austrian economic theory of "boom and bust"? American economics professor Lawrence H. White discusses economists' rationale for following interest rates and the reliability of turning to theory...
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Instructional Video2:59
Jacob Clifford

Economic Growth

For Students 11th - 12th Standards
How can you use aggregate demand and supply to illustrate economic growth? Savvy economics instructor Mr. Clifford illustrates how interest rates affect aggregate demand and supply in the long and short run, and how long run aggregate...
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Lesson Plan
Center for Literacy and Disability Studies

GDP and Fiscal Policy Monopoly

For Teachers 10th Standards
Using the classic game of Monopoly and a revised set of rules in this resource, your class members will discover how GDP is calculated and practice enacting expansionary or contractionary fiscal policies. What a great way to learn about...
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Instructional Video2:44
Jacob Clifford

Money Multiplier & Reserve Requirement

For Students 11th - 12th Standards
What is the money multiplier, and how does it affect the total increase of money supply? Mr. Clifford explains the difference in how the money supply changes when the Federal Reserve System purchases bonds versus when an average person...
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Instructional Video3:21
Jacob Clifford

Monetary Policy and Aggregate Demand

For Students 11th - 12th Standards
Draw connections between the supply and demand for money to the total, aggregate demand for final goods and services in an economy with this instructional video. Mr. Clifford will not only explain these key economic concepts, but will...
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Instructional Video4:15
Jacob Clifford

Comparative Advantage and Terms of Trade

For Students 11th - 12th Standards
Introduce your young economists to the concepts of international trade and comparative advantage with Mr. Clifford, a fantastic and tech-savvy economics instructor who uses video to teach economic concepts in an engaging and clear...
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Instructional Video6:18
Emergent Order

"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

For Students 11th - 12th Standards
Opt out of another dry economics lesson with this crazy video featuring a performance and rap song about the contributions and theories of economists Friedrich Hayek and John Maynard Keynes. The primary topic of focus is a boom and bust...
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Instructional Video8:43
Emergent Order

Fight of the Century: Keynes vs. Hayek Round Two

For Students 10th - 12th Standards
In a witty and entertaining video, world-renowned economists John Maynard Keynes and Friedrich Hayek come to life and debate impact of government spending on the economy through the medium of a rap song and metaphor of a boxing match.
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Activity
Constitutional Rights Foundation

Unemployment and the Future of Jobs in America

For Teachers 9th - 12th
Unemployment: The job of the future. The resource, designed for high school scholars, explains unemployment rates, recessions, and job trends that are impacting employment in the United States. Academics explore potential careers of the...
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Instructional Video3:08
Jacob Clifford

Loanable Funds & Crowding Out

For Students 11th - 12th Standards
Take a closer look at the loanable funds market and the graph representing how the demand and supply for loans determines the real interest rate in an economy.
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Instructional Video2:35
Jacob Clifford

Interest Rates: Real vs Nominal Practice

For Students 11th - 12th Standards
Are interest rates a good or bad thing? Explain to your young economists why the answer depends on such factors as who is buying and lending and what is the inflationary rate, and how this all ties into banking practices and general...
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Instructional Video3:03
Jacob Clifford

Money Multiplier Practice

For Students 11th - 12th Standards
Now that your young economists have had an introduction to how the money multiplier affects money supply in general, use this instructional video to guide them in practicing how to calculate the change in money supply given difference...
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Instructional Video2:42
Jacob Clifford

Positive Externalities

For Students 11th - 12th Standards
Watch as an economics instructor guides students through what happens when the free market fails to allocate an efficient quantity. He attempts in 90 seconds or less to discuss the positive externality graph and how a government can come...
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Instructional Video2:11
Jacob Clifford

Aggregate Supply Practice

For Students 11th - 12th Standards
In less than three minutes, introduce your young economists to the short-run aggregate supply curve, illustrating the production of all goods in the country. The video discusses what can shift the curve on the graph to the right or left,...
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Instructional Video2:17
Jacob Clifford

Externalities

For Students 11th - 12th Standards
What does AXE body spray have to do with externalities? Find out with this fun video, and help your young economists understand external benefits and external costs with the support of an engaging economics instructor.
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Instructional Video7:33
Emergent Order

"Fear the Boom" - The Austrian Theory of Boom and Bust with Lawrence H. White

For Students 10th - 12th Standards
Why were aggregate swings in the economy and business cycles more pronounced (i.e. "boom and bust") in heavy industries in the nineteenth century? Discover the Austrian capital theory as Friedrich Hayek elaborated it through an interview...
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Instructional Video7:30
Emergent Order

"The Bust" - The Austrian Theory of Boom and Bust with Lawrence H. White

For Students 10th - 12th Standards
In the "boom and bust" of a business cycle, what takes place during a recession? What should the role of government be? Watch as an American professor of economics comments on this theory, which mixes the interview with relevant graphics...
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Instructional Video12:09
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Crash Course

Intro to Economics

For Students 9th - 12th Standards
There's an opportunity cost to everything you do, but it's minimal when you're learning about an applicable topic like economics. Join the Crash Course team as they introduce a 35-part video series on economics and briefly address some...