Lessons

This lesson serves as an introduction to the course. This lesson will include the Popcorn Game (which introduces the student to economics/economic concepts), an overview of different types of resources, consumer v. capital goods, and scarcity, along with the travel game which introduces students to trade-offs and opportunity costs, before finally discussing the Production Possibilities Curve.

This lesson is focused on decision making anaylsis. It goes into detail about Marginal Analysis, Marginal Utility, and Marginal costs. After playing the Oreo activity, students will be given a real world example of Diminishing Marginal Returns. Then we will go over the different between fixed costs and marginal costs, before doing more in depth cost-benefit analysis.

This lesson teached the most fundemental concepts in microeconomics, supply, demand and market equilibrium. A good understanding of these concept are crucial for students  to understand the markets around them, and for any other study in microeconomics. The lesson ensures a solid understanding of these concepts through games that simulate a real-life competitive market.

This lesson starts with the Prisoners Dilemna as an introduction to game theory. Then, the students are introduced to the different parts of game theory (the players, strategies, rules, and payoffs). The students are then grouped into two teams who have to make the decision to keep or share their candy. After going through this example, the groups will see the example with two car washes. This class focuses on using examples, so students can fully understand this some-what complicated subject.

This lesson introduces the first model of macroeconomics, which explains the flow of money, goods and factors of production in the economy. The lesson also includes GDP, which is the simplest measure of economic activity. 

This lesson explains the concepts of specialization and comparative advantage, leading to the conclusion that trade helps everyone increase their economic well-being. As the world becomes more polarized everyday, we believe this lesson will help highlight the importance of international collaboration, helping students to become more global-minded. 

This lesson will aim to teach students how the fractional reserve banking system works, and how the money multiplier increases the money supply. The lesson will also introduce the tools of monetary policy, and how central banks can cause inflation by extending the money supply. 

This lesson aims to teach more practical knowledge that every person needs to protect and increase their financial well-being. This lesson will cover subjects such as Saving, Budgeting, Investing, Insurance and Taxes.