Economics

Economics Power points defining and giving examples of **Type of economic** [|systems] [|Characteristic]s of economic systems- Power points that can be downloaded

POWER POINTS
[|Welcome to Economics] [|Scarcity and the Factors of Production] [|Opportunity Cost] [|Production Possibilities Graphs] [|Economic Systems] [|The Free Market] [|Centrally Planned Economies] [|Modern Economies] [|Preserving Economic Freedoms] [|Providing A Safety Net] [|Providing Public Goods] [|Understanding Demand] [|Shifts of the Demand Curve] [|Elasticity of Demand] [|Understanding Supply] [|Costs of Production] [|Changes in Supply] [|Combining Supply and Demand] [|Changes in Market Equilibrium] [|The Role of Prices] [|Perfect Competition] [|Monopoly] [|Monopolistic Competition and Oligopoly] [|Sole Proprietorship] [|Partnerships] [|Corporations, Mergers, and Multinationals] [|Other Organizations] [|Organized Labor] [|Labor and Wages] [|Labor Market Trends] [|Money] [|The History of American Banking] [|Banking Today] [|Saving and Investing] [|Bonds and Other Financial Assets] [|The Stock Market] [|Gross Domestic Product] [| Business Cycle]  [|Economic Growth] **Stock Market** game/simulations choose one that works with your students. They are free. Do a trial run. There are many on this[| site] Tools for Teaching: The Stock Market GameStock market games and simulations allow students a valuable and fun opportunity to learn all about the process of making good investments and begins a good foundation for sound money management. These games are designed not only to be used in mathematics and [|economics] but also give valuable lessons in social studies, language arts, technology and even science classes. It helps students expand their knowledge and gain new skills in investing, saving, communication, cooperation, research and decision making. [] Find lessons and simulations for Economics. [] []

Econoclass offers many interactive games, simulations and activities that teach you important economics lessons while having some fun. Resources include card games that teach pricing. = = ||  =High School Economics= Understanding economics is essential to becoming an involved and productive citizen that makes wise financial choices. Getting informed about supply, demand and real cost makes us all better consumers. Use this **High School Economics Web Guide ** to find practical resources and real-life projects that make learning economics a breeze.
 * || =The Frozen Price Game = || [[image:http://nowlitsocialstudies.wikispaces.com/site/embedthumbnail/placeholder?w=200&h=150 width="200" height="150" caption="http://www.econoclass.com/images/hurricanesmall.jpg"]] ||
 * Students are told that a hurricane has caused a major power outage, increasing the demand and decreasing the supply of ice. They then use two different methods to allocate ice: first-come, first-served and price. This game is a good way to demonstrate the advantages of price allocation. [|Click here] to download rules and materials. Also see the [|Debate Topics] page for a new debate over whether gasoline price-gougers should be punished. ||^  ||
 * || =What's Wrong with this Video? = ||
 * || =What's Wrong with this Video? = ||
 * Watch commercials with your students and critique them. [|Click here] to see them. ||

[|Student Resources for High School Economics]
Explore economic decision-making, plan your own small business and invest in the stock market—these are all projects you might be asked to do in an economics class. Use these **student resources for high school economics** for guidance in finding the best sites and resources.

Insights for Student Resources for High School Economics

 * When researching economics, the credibility of your sources is crucial. If you’re going to use sites not included in this Web guide, try to stick to official government sites. Look for “.gov” at the end of government Web addresses.

Top Sites for Student Resources for High School Economics
//For economics resources … // Library of Economics and Liberty offers a comprehensive list of fundamental concepts for high school economics. These concepts are broken down into five categories that link to key economics topics that are easy to understand and readily usable. Federal Reserve Bank of San Francisco presents "Ask Dr. Econ," a feature that explains difficult economic concepts. Enter your question in the search field or browse the archives for specific information. //For a real-time challenge … // National Economics Challenge, sponsored by the Council for Economic Education and the Goldman Sachs Foundation, is designed to increase students’ understanding of economics and finance. The Challenge is comprised of competitions in 35 states. Teams compete for savings bonds and for a trip to New York City for the national competition.

Top Sites for Teaching Resources for High School Economics
//For free economics lesson plans … // Economic Education Web is hosted by the University of Nebraska Omaha’s Center for Economic Education. Look for resources divided by elementary and middle/high school, or search by concept or standard. The resources are easy to use and simple to implement in the classroom. go to site » PBS maintains a top-notch site for educators. The Social Studies section contains more than 180 resources on economics aimed at high school students, including lesson plans, videos, online activities and more. go to site » SCORE (Schools of California Online Resources for Education) provides a directory of economics lessons and activities organized by topic. Teachers created most of the resources on the site and many lessons are accompanied by student-generated material for use as examples. go to site » //For economics curricula that you’ll pay for … // //For economics enrichment activities and curricula … // Fed101 is an interactive Web site of the Federal Reserve that’s full of information about how the government guides the economy. There are several lessons, activities, games and quizzes for student enrichment and general knowledge. Click on [|Teacher Resources] for an excellent economics search engine. The Stock Market Game is a great resource for teaching kids about investment. Students get $100,000 to invest and trade while they follow their portfolio over time. Check out the [|Teachers New to SMG] for info about registration and fees.

Fundamental Economics
[] [|Decision Making and Cost-Benefit Analysis]

[|Division of Labor and Specialization]

[|Economic Institutions]

[|Economic Systems]

[|Incentives]

[|Money]

[|Opportunity Cost]

[|Productive Resources]

[|Productivity]

[|Property Rights]

[|Scarcity]

[|Technology]

[|Trade, Exchange and Interdependence]



Right Start in Teaching Economics
The Right Start in Teaching Economics lessons were designed for those new to teaching economics – even if not new to teaching! An excellent review or refresher if college economics courses have become a distant memory, Right Start lessons help teachers enter the classroom with renewed confidence in their own understanding of economic reasoning.===Key topics/concepts:===
 * Scarcity/Opportunity Cost
 * Incentives and the Role of Profit
 * Markets and Prices
 * The Role of Government
 * Trade
 * The Banking System
 * Competition and Market Structure
 * Externalities and Property Rights
 * Factor Markets and Economics Development
 * Tragedy of the Commons
 * ====Lesson Outlines====
 * [|The Economic Way of Thinking]
 * [|Trade Offs and Opportunity Cost]
 * [|Demand, Supply and the Market]
 * [|Teaching Students How Markets Work — Market Changes, Price Determination and Elasticity]
 * [|Understanding the Role and Importance of the Public and Private Sectors]
 * [|Economic Goals and Measuring Economic Activity — Goals Simulation]
 * [|Economic Goals and Measuring Economic Activity — Measurement Tools]
 * [|Inflation and Unemployment]
 * [|Fiscal Policy]
 * [|Money and the Banking System — The Mechanics]
 * [|Money and the Banking System — The Federal Reserve and Monetary Policy]
 * [|Market Structures and Competition]
 * [|International Trade — Part I — Why People Trade]
 * [|International Trade — Part II — Exchange Rate Determination and Implications] ||  ||