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

Lessons in The Economy

Copule are talking to each other
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?
Portrait of a woman face
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.
Woman talking something
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.
Vintage BK, Micro vs. Macro Monster Movie
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.