The Economy — Lesson 120
The Global Economy
Students break into groups of four, and play a game in which they make trades to obtain items needed to complete a particular recipe.
What Students Learn
1. How do we get the products we need?
- Importing products to make the economy work
2. How do other countries get what they need?
- Exporting our products to other countries
Suggested Time
- Preview and Episode Viewing: 45 minutes
- Activity 1: 30 minutes
Sketch: Global Goods
Clips for this Lesson
Lessons in The Economy
Lesson
The Value of Money
What Students Learn
-
Considering all the global currencies, what determines the value of money? What are the factors that impact the American Dollar?
Lesson
Money Moves
What Students Learn
-
Follow a dollar bill as it moves from a depositor’s hand, to the bank vault, over to the Federal Reserve, and finally out to a project the bank is financing.
Lesson
The Global Economy
What Students Learn
-
Go around the world and follow the flow of imports and exports that make up the interconnected world economy.
Lesson
Economic Cycles
What Students Learn
-
Economic cycles go up and down. Learn how to protect yourself against negative effects and plan for the positive trends.
Lesson
The Economics of Economics
What Students Learn
-
See how businesses use economic principles to make financial decisions, from micro to macro economics, supply and demand, and economic indicators.
