The Economy — Lesson 208
Economic Cycles
Students are given economic terms and determine if they reflect a 'bull market' or 'bear market'. They then create posters using pictures and words to reflect economic cycles.
What Students Learn
- What is an economic upturn (boom) or downturn (bust/recession)?
- Why kids should care about economic cycles?
- It’s all about timing (buy low sell high)
Suggested Time
- Preview and Episode Viewing: 45 minutes
- Activity 1: 20 minutes
- Activity 2: 20 minutes
Sketch: As the Economy Turns
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.
