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Contestable Markets
Students examine the issue of contestable markets. They investigate the low cost airlines industry and evaluate how far the market exhibits the characteristics of a contestable market.
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Saving, Investing and the Invisible Hand
Students determine how the financial institutions of a market economy help channel savings to economic investment. They complete worksheets based on a teacher-led demonstration.
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In Your Own Backyard
Young scholars identify entrepreneurial opportunities that exist in their own community. From this information they determine possible market niches and identify potential businesses that could be started to meet the demands of these...
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The Labour Market: Influences on the Labour Market
Students investigate key issues surrounding the factors determining pay and conditions. They explore the imperfections in the labour market that lead to gender discrimination.
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Chapter 24: Pure Monopoly
Monopoly is more than a game in this presentation, which explores the characteristics of four different market models. Representing the concept of a monopolistic economy in both charts and graphs, the information in these slides can be...
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Why Does Money Have Value?
Learners study money and its value and usage in the world today. For this economic lesson, students research money as they learn what it stands for, why it is important, how it is valued and what it represents in the United States.
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Economics: Elasticity of Prices
Students discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.
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Entrepreneurs Should Keep Business Simple
Delve into the idea of small businesses and get reading to find out how they grow. THe class reads an article about Steve Gotty, a who made his small business grow and discuss the setbacks he faced. They also discuss ways for a company...
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Bead Game Simulation
Students have the opportunity to participate in the three basic economic systems, (market, command, and tradition).
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The Labor Force and Unemployment
Learners calculate employment and unemployment rate. For this economics lesson, students investigate the labor market and make predictions based on collected data. They also calculate unemployment rate in the class.
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Acquiring Additional Capital Stock
Students become involved in the practice of learning about finance. The emphasis is on how one uses the stock market. One can also learn how to use personal finance and become acquainted with debt management.
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Cost and Revenues
Pupils develop the key concepts of total, variable, fixed, average and marginal costs. The theory of using different business scenarios is applied to different situations for an extension to real life application.
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"Hey, Mr. Producer!"
Students examine the economic roller coaster involved in the production of a Broadway musical. They read online articles to investigate similarities and differences between nonprofit theater production and Broadway, or commercial,...
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Elasticity
Students analyze the meaning of the business term, elasticity, and discuss the main elasticity concepts of price, income, and cross elasticity. They manipulate and demonstrate various business formulas.
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The Role of Public and Private Sectors
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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The Colonial Workers Web
Students explore how workers, both today and in colonial times, worked within their societies to produce specialized goods and services and became interdependent. They explain how people became less self sufficient in their economic...
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Money Matters: The Importance of Global Cooperation
Students prepare for a visit to the International Monetary Fund (IMF). In this lesson students create a concept map of money. They discuss the goals of the IMF. Students research countries currently changing into market economies. After...
Reed Novel Studies
Lawn Boy: Novel Study
A mountain of grass becomes a mountain of cash in the case of a young entrepreneur in the novel Lawn Boy. Arnold, a main character, begins a lawn mowing business and meets a stockbroker client that helps me manage his money. Scholars...
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Stock Mark Culminating Project
Eighth graders use the Internet to research information of American corporations and the PowerPoint to relate this to their classmates.
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Newsroom
Students use the Internet and graphic organizers to organize the information they collect about farm products and exports.
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Show Me the Money: Labor/Management Issues in Professional Baseball
Learners study the baseball players in the past and present and see how the union played a part in lives. In this labor lesson young scholars analyze documents and identify the effects of the different markets on labor salaries.
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Passport to Globalization
Young scholars discover how to live on a low budget. In this economics lesson plan, students investigate how the value of money in different countries affects market exchange. They should be familiar with money exchange policy.
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Is Capitalism Good for the Poor? | How Incentives Affect Innovation
Learners focus on the role played by a nation's institutions in generating creativity, invention and innovation, and analyzes how innovation promotes the economic growth that raises standards of living and alleviates poverty.
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Lesson Plan: The Net Neutrality Debate
Should Internet users who send data-heavy content pay higher fees than those who are involved in activities, like sending an email, that have less content? This question is at the heart of the Net Neutrality debate. After watching a PBS...