Global Education Guide
C3 Economics:
Economic Decision Making
Exchange and Markets
The National Economy
The Global Economy
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Suggested vocabulary:
Supply
Demand
Scarcity
Opportunity cost
Resource distribution
Entrepreneur
Market economy
Command economy
Incentive
Competition
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Suggested Economics Activity:
Ask students to use the website www.cia.gov to gather economic information about 40 countries on 6 continents.
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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.)
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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?
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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?