Young economists learn about the method of predicting changes in the exchange rate with Big Macs in an instructional video. After an understanding the index, learners write a post on a discussion board and respond to class members' posts as well.

Concepts

economics, exchange rate, exchange rates

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Additional Tags

social studies

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Instructional Ideas

• Use during a unit on global economics
• Have scholars create an additional discussion board posting about an observation they made after learning the material and discussing more in class

Classroom Considerations

• Requires Internet access to complete the activity
  

Pros

• Builds media literacy skills
• Enhances writing and research abilities

Cons

• None

Common Core

RH.6-8.1 RH.9-10.1 RH.11-12.1