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Grade12, Economics
Std
. 12.1 Analyzing the impact of developing nations on the global
                 economy

Lesson Plans:

International Markets.
Students examine the basics of international trade.

String Trade. 
The purpose of this lesson is to illustrate the nature of global interdependence and it economic implications.


Why Nations Trade.
Students read and discuss a narrative about international trade that focuses on opportunity cost and the principle of comparative advantage. Then the class is divided into four groups, each representing a different country. They engage in a simulation that assesses the skills available within their countries, and each country decides on an area of specialization.

 

 

Resources:

Alabama Virtual Library

Economics America A nationwide, comprehensive program for economic education in America's schools.

EcEdweb.  The mission of EcEdWeb, the Economic Education Website, is to provide support for economic education in all forms and at all levels.

 AmosWEB. Outstanding online economics resource. All resources ,except the E-tutor, are available free of charge.

 ECONlinks Site developed to provide easy access to basic economic and financial information for students in economics and business courses.  The list of links is purposely not encyclopedic, but contains a variety of resources that you will find useful in your courses.

Schools of Economic Thinking

 

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