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...

What can microeconomics students expect to learn about when it comes to a unit on market failures and the role of the government? Introduce your young economists to the why and how of free market failures and how the government...

What works better: a planned economy or a market economy? Join the global debate with a Crash Course video about macroeconomics and the differences between economic systems. With quotes from Adam Smith and Karl Marx guiding instruction,...

What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.

Pupils engage in a study that explains how laws and government have policies that affect the economy to run more smoothly. The focus is upon the historical development of the free market and how the government was involved. Students...

What do strawberries, gasoline, and human kidneys have in common? Explore the concept of supply and demand, and the varying degrees of demand for particular items in the free market, with an informative video from Crash Course economics.

Young analysists explore how global trade and free market policies might personally affect them. They read an article, view a series of documenteries, and engage in a class discussion. Great lesson!

When should the government step in for the greater public good? Watch a video that details what happens when market externalities need some help sorting themselves out, and whether those regulatory steps are beneficial or not.

A monopoly gives a company exclusive rights to a market. What is the impact of that decision on the economy? Problem sets from College Board explore this question, as well as variables in labor markets and government regulations on profit.

How much corn does a farmer need to grow if he wants to make a profit? A prompt from College Board asks learners to put themselves in the boots of a farmer growing crops for the alternative fuel market. Additional prompts consider the...

Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...

Students discover different economic systems. In this global economy instructional activity, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other...

Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists. 

How did economist Adam Smith shock the world in 1776? By telling the world that the best way for a government to control an economy is to not control it, and to leave people to buy and sell freely. Use this brief video as a way to...

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...

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...

Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...

Young scholars examine the difference between a communist and a free-market economy. They discuss challenges occurring in Macedonia and explain the mood of its people.

Students discover how Americans found the hope that broke the Great Depression. In this American economics instructional activity, students watch "America's Economy: Sorrow and Hope." Students then discuss the implications of the...

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.

"It's the reason we have a thriving global market place, offering us the infinite variety of things, and it's the reason we can move cargoes from remote parts of the world at minimal cost." Learn about how small-town truck driver Malcom...