Help students grasp accounting basics, the language of business, by playing Cribbingo.
Students will use the Census Business Builder: Small Business Edition data access tool to gather and analyze information that entrepreneurs may consider when opening a business. This introductory activity assumes that students have limited experience using data access tools.
Classroom experiment illustrating the law of diminishing marginal productivity through the production of paper airplanes.
Intermediate students are asked to analyze data on the components of consumption and investment expenditures and explanatory variables based on textbook models of each. Students look for rough correlations between the explanatory and dependent variables.
Application of Oral History to Economics: Family Economic History The assignment will connect an oral history approach to the examination of economic concepts such as opportunity cost of attending school, economic crises (inflation and unemployment, etc.), and standard of living over time. Particularly, students will interview parents, grandparents, or family members from older generations regarding the types of work they performed, economic decisions they have made, and the economic conditions while they were growing up. The project develops a student's ability to understand and integrate these concepts from a variety of perspectives and real world situation.
This lesson explains leverage and insolvency and why it is good or bad. [Banking, Money, Finance playlist: Lesson 10 of 24]
This lesson provides an analysis of the federal reserve balance sheet as of February 2007. [Banking, Money, Finance playlist: Lesson 21 of 24]
This lesson discusses how open market operations effect the rate at which banks lend to each other overnight. [Banking, Money, Finance playlist: Lesson 14 of 24]
This lesson presents more information on the mechanics of the Federal Funds rate and how it increases the money supply. [Banking, Money, Finance playlist: Lesson 15 of 24]
This lesson talks about the gold standard and is a short discussion on the meaning of wealth. [Banking, Money, Finance playlist: Lesson 17 of 24]
This lesson tells how banks can give out loans without ever giving out gold. [Banking, Money, Finance playlist: Lesson 7 of 24]
This lesson talks about how money is created in a fractional reserve banking system. [Banking, Money, Finance playlist: Lesson 4 of 24]
This lesson explains reserve requirements and how they limit how much lending a bank can do. [Banking, Money, Finance playlist: Lesson 8 of 24]
This lesson introduces bank notes and how you are more familiar with them than you realize. [Banking, Money, Finance playlist: Lesson 5 of 24]
This lesson discusses government debt and treasuries. It explains what it means that Federal Reserve Notes are issued by the Reserve Bank but are not an obligation on the government. [Banking, Money, Finance playlist: Lesson 12 of 24]
This lesson introduces the ways that banks make money. [Banking, Money, Finance playlist: Lesson 1 of 24]
This lesson is an introduction to the income statement of a bank, and to income statements, in general. [Banking, Money, Finance playlist: Lesson 2 of 24]
This lesson discusses the idea of a reserve bank. [Banking, Money, Finance playlist: Lesson 11 of 24]
This lesson discusses the mechnics of repurchase agreements, reposession transactions and loans. [Banking, Money, Finance playlist: Lesson 20 of 24]
This lesson idiscusses how bank notes and checks can be used. [Banking, Money, Finance playlist: Lesson 6 of 24]
This lesson talks about the pros and cons of various banking systems and talks more about using gold as a standard. [Banking, Money, Finance playlist: Lesson 18 of 24]
This lesson explains how reserve ratios limit how much lending an individual can do. [Banking, Money, Finance playlist: Lesson 9 of 24]
This lesson discusses the discount rate and window and the concept of lender of last resort. [Banking, Money, Finance playlist: Lesson 19 of 24]
This lesson explains the rationale for targeting interest rates instead of directly having a money supply target. [Banking, Money, Finance playlist: Lesson 16 of 24]
This lesson reviews tools of the Central Bank to increase the money supply [Banking, Money, Finance playlist: Lesson 13 of 24]
This lesson explains the weak points of fractional reserve banking. [Banking, Money, Finance playlist: Lesson 22 of 24]
This lesson continues the discussion of fractional reserve banking. It further discusses the FDIC, deposit insurance and its side effects. [Banking, Money, Finance playlist: Lesson 23 of 24]
This lesson is a summary of thoughts of why Fractional Reserve Banking is a subsidy to banks and allows them to arbitrage the yield curve. [Banking, Money, Finance playlist: Lesson 24 of 24]
The Egyptian Barter Game is a lesson designed to get students active in the classroom while learning about Egyptian culture and the barter system. It is a card game (using homemade cards and other materials) which should be played more than once so students can consider their strategies used to barter their "haves" for their "needs." It should not be students' first introduction to Egyptian culture but should come after some exposure to what life was like in ancient Egypt. Addresses Virginia SOL: HSS.2.9, HSS.3.2, HSS.3.8, HSS.3.9
Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.
A Beautiful Mind won the Academy Award for best picture in 2001 and it chronicles the life of John Nash who is noted for his pioneering work on general equilibrium theory. This scene is a great way to discuss self-interest and contrast it with the social optimum. Nash's work has augmented Adam Smith's "invisible hand" theory by extending how self-interest is modeled. This scene is must viewing even though the scene itself contains flawed economics (explaining why the scene is NOT a Nash equilibrium helps students learn the concept in greater depth).
This is a three-part project spanning five weeks that uniquely interweaves individual and cooperative learning in the context of health care reform and the 2008 United States presidential campaign.
Students often come to a principles course in economics with knowledge that is not correct. This example asks students to guess the percent of federal expenditures for different spending categories. They are then shown the actual percentages. The student results can be the source of a class discussion on why many of their initial estimates were wrong (as they generally are). Students can also create their own budget by changing the amounts spent in each category. Budget Explorer, implemented over the internet, uses data from the Public Budget Database of the White House Office of Management and Budget.
This is the first edition of the open text book Building a Competitive Investment Climate on First Nation Lands. This textbook is for students who are First Nation and tribal government employees or students who would like to work for or with First Nation and tribal governments. The purpose of this textbook is to help interested First Nation and tribal governments build a competitive investment climate. Work began on this text book in early 2012 with a generous grant from the Donner Canadian Foundation. Financial support was also provided by the First Nations Tax Commission and the Tulo Centre.
The purpose of this course is to trace the twin paths of capitalism and democracy through American history. This course is premised on the idea that capitalism and democracy are intertwined, though they have often conflicted with one another. It provides students with a brief introduction to the history of capitalism and democracy in Europe and then to explore how they evolved in North America between 1600 and the present. Upon successful completion of this course, students will be able to: define and identify the terms 'capitalism' and 'democracy' in a variety of different modern historical eras; identify and define the historical connections between capitalism and democracy and identify periods of tension between capitalism and democracy, explaining how they both strengthen and weaken one another; identify important events, personalities, and concepts related to American democracy and capitalism; identify and describe the emergence and development of both capitalism and democracy in the United States; identify and describe the different periods of American history as they relate to the concepts of capitalism and democracy. (History 312)
Students will learn about their state as they collect and organize business information using State Facts for Students, a U.S. Census Bureau data tool. Students have the opportunity to examine data about kids their age, as well as a variety of other facts selected to appeal to young students. Students will create a bar graph to represent how the numbers of selected business types have changed between 2010 and 2016.
This assignment allows students the chance to practice writing a personal check, entering their expenses and income in a checkbook register. Although I copied and pasted the bulk of the assignment into the resource, it's best used if you download the document and adjust as needed in Microsoft Word.
This lesson prepares students to buy a car. Students will watch a video about the costs of buying a new car versus a used car, and then compare their own choices of both new and used vehicles. Students will also analyze the costs associated with each purchase to determine which car is the best choice.
In this video (8 minutes long) students will see an example of the circular flow chart and how the parts of it interact and are interdependent on each other.
The students will see an example of the circular flow map in a video and a presentation and how the parts of the map interact and are interdependent on each other. The student will learn how households and businesses interact in the market for resources and in the market for goods and services. They also see how money keeps the whole process moving. Remix made to make it easier to understand.