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The Wizard of Oz Visits Japan

Deflationary conditions in the United States have not returned since the Great Depression. Instead, U.S. policymakers have frequently found it...
Key Concepts: Fiscal Policy

Hey, Mom! What's for Breakfast?

Students working in cooperative groups will discuss food items they consume for breakfast, investigate elements of foreign culture, particularly food,...
Key Concepts: Consumers, Goods and Services, Producers

Paraffin-alia

All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…

Population Growth: Friend or Foe?

The environment has recently been the focus of much research and discussion. Because productive resources are limited, it is important...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis

Are the Best Things in Life Free?

Students use economic reasoning to analyze the costs and consequences of marital choice. "The best things in life are free."...
Key Concepts: Budgeting, Incentive

Martin Luther King Jr. Day

January 18, 2016 is Martin Luther King Day. Students can explore the history behind this day and this charismatic man...
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization