Global Education Guide
C3 Economics:
Economic Decision Making
Exchange and Markets
The National Economy
The Global Economy
Suggested vocabulary:
Supply
Demand
Scarcity
Opportunity cost
Resource distribution
Entrepreneur
Market economy
Command economy
Incentive
Competition
Suggested Economics Activity:
Ask students to use the website www.cia.gov to gather economic information about 40 countries on 6 continents.
Exports
Imports
Trade deficit
Trade surplus
Poverty level
Unemployment
Labor force (what are the 3 main categories?)
Revenues
Expenditures
Ask students to experiment with clicking on column headings in order to sort the data in different ways (high to low, low to high, etc.)
Use this format:
What I noticed was…
Based on what I noticed, I assumed...
Based on my assumption, my main question is...
Where can I look for information to answer my question?
Students use their self generated thesis questions to guide their essay research.
Examples of student questions:
Ruby: What causes African countries to be so poor?
Adrian: Why is the poverty level so low in EU?
Taylor: Why does Africa have the highest unemployment rates?
Brooklynn: How does Japan have such high Industry levels?
Lillie: Why do many Asian countries have low unemployment rates?