Search Results for: math and economics

This lesson supports the Open Economy: International Trade and Finance section of the Advanced Placement Macroeconomics course. This lesson introduces net capital flows and examines their effect on the macroeconomy through the loanable funds market. This lesson appears as Lesson 5, Un…

The lesson begins with an introduction to the use of polls in political campaigns. The students are introduced to the term "margin of error". The students participate in a sampling game in which they try to predict the proportion of chips in a bag that are red. The students learn how marg…

Students study a painting by van Gogh called "Flower Beds in Holland". The students recognize that this farmer made a choice to grow flowers instead of another crop. Students are introduced to the concepts of choice and opportunity cost.

In the story, A Chair for My Mother, a little girl and her family save money in a jar to buy a chair after their furniture is destroyed in a fire. In this lesson, students will learn that characters in the book are human resources who save part of the income they earn. Students will ident…

COMPELLING QUESTION Why do politicians disagree on economic issues -- isn't there one right answer? Students work in small groups and are assigned a version of diary excerpts written by a student intern working for a policymaking legislator. Half the groups read a diary that f…

Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.

Updated with new data! Students identify costs associated with voting. Then they make predictions about who might be more likely to vote based on their understanding of opportunity costs.

Newly updated! This series of lessons will introduce you to economic data that economists use to assess the health of the economy. You will learn about economic data and what they communicate about the health of the economy. This lesson focuses on the Consumer Price Index (CPI) as a measure …