Grade 6-8, 9-12
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Economics of War: 20 Million Barrels of Oil-Oh My!

Teacher Version
Objective Standards Description
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Objective

Teachers will be able to:

  • Identify factors that influence oil and gas prices.
  • Create a timeline of historical events.
  • Analyze multiple perspectives to understand a complex issue.

Standards

State Standards

Concepts

Consumers, Demand, Producers, Supply

Description

How are gas prices affected by war? What other factors influence gas prices?Students will examine how gas prices are impacted by war and participate in a class activity that examines factors that push up oil and gas prices.
Subjects:
Economics,Social Studies

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