The Economy — Lesson 505
The Economics of Economics
How do economic principles influence your daily life? Learn about everything from macro to micro economics, supply and demand, and other economic indicators. Discover how individuals, business leaders, and even the leaders of countries use economic principles to make decisions. It’s all economics!
What Students Learn
- Identify different economic concepts.
- Distinguish between macro and micro economics.
- Become aware of the laws of supply and demand.
- Take responsibility for personal financial decisions.
Suggested Time
- Preview and Episode Viewing: 45 minutes
- Each Activity: 45-60 minutes
Young Entrepreneur: Hoppy Days
Lessons in The Economy
Lesson
The Value of Money
What Students Learn
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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
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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
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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
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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
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See how businesses use economic principles to make financial decisions, from micro to macro economics, supply and demand, and economic indicators.
