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Grade12, Economics
Std 5.1
Comparing sole proprietorships, partnerships, corporations, and cooperatives

Lesson Plans:

Market Dynamics

Crude Awakenings: An Economics Lesson on Setting World Oil Prices.
Students first discover the tensions that have recently caused the price of crude oil to skyrocket. Students then explore the ways in which oil prices are determined, investigating both free market and oligopoly conditions.

The Industrial Age in America: Robber Barons and Captains of Industry
Students study the period of U.S. history in which capitalism grew without government regulation. Students assess the positive and negative impact of the era in their study of monopolies and oligopolies.

Who Owns McDonalds?
Private ownership is fundamental to the operation of a market economy. This lesson introduces the idea that individuals can become owners of a business by purchasing stock.

 

 

Resources:

Alabama Virtual Library

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

The Beggar's Hand. A useful site discussing basic economic principles with an emphasis on the problems of poverty, and resource allocation.
The Beggar's Hand (mirror link)


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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