The Pack contains associated resources for the learning experience, typically in the form of articles and videos. There is a teacher Pack (with only teacher information) and a student Pack (which contains only student information). As a teacher, you can toggle between both to see everything.
Here are the teacher pack items for Basics of Economics:
Overview In this experience, students are introduced to the basics of economic sectors, economic development indicators, and types of economic systems. They compare and contrast three countries with different types of economies, noting various economic indicators. Finally, they analyze the results of their findings. Objectives:
You may have a pet, such as a cat, dog, gerbil, or goldfish. Even if you do not, you can imagine one. How do you know whether a pet is healthy and doing well? You might look at several things. Is it eating and drinking? Is it active? Does it seem comfortable? Looking at more than one sign can help you understand how the pet is doing.
Countries also have many things happening at once. People work, businesses produce goods and services, and people buy and sell things. Together, these activities are part of a country’s economy. In this experience, you will learn about some of the parts of an economy and ways to understand how well it is doing.
Objectives:
Stock Market in Brazil
What comes to mind when you think about the word economics? In a word or short phrase, share an idea with your classmates. To list more than one, separate your words with a comma, like this: car, truck.
Discuss student responses. Students may use words or phrases such as money, stock market, income, poverty, industry, etc.
You may have listed many different words because economics connects to many parts of everyday life. In this experience, you’ll learn what economics means and explore some of its basic ideas.
Post a question you have about economics.
As you move through the experience, be sure to note when one of the students’ questions is being answered. You may want to return to the questions at the end of the experience to see how many were answered. For those questions that were not answered, encourage students to do their own research to find definitions for terms.
When everyone is ready to continue, unlock the next scene.