This lesson addresses the distribution of income. Some believe that income distribution is becoming more unequal. This lesson explores that question. The site includes links to articles and questions.
A comprehensive look at the booming economy of Botswana. Find out how Botswana is striving to diversify its economy so it is not so dependent on diamond mining. Information is from the U.S. State Dept. Background Notes.
A financial coach gives tips on budgeting and discusses her career helping clients at a community center develop their financial goals. She also discusses the skills and training that are needed in her line of work.
Ohio University budget director Chad Mitchell shares what a fiscal analyst does and explains how to prepare for a career in finance.
In this video viewers will learn why having knowledge and competence in customer service, world languages, fine arts, and financial literacy are critical for a restaurant manager.
Brief video [0:21] and quiz on world economic development.
Our standard of living depends on the pace of economic growth. That pace can be enhanced through increased productivity brought about by investment in physical and human capital and advances in technology. In this module, students will learn about these tools to increase productivity and advance our standard of living. This content from Econ Lowdown also features alignment to national Financial Literacy and/or Economics standards.
In this interactive lesson, students analyze economic data to better understand America's middle class, its role in the economy, and its impact on economic growth.
This video from the Explore Economics series helps kids understand what productivity is and how we can increase productivity. Kids learn that productivity is a measure of output per worker per unit of time. They learn that we can increase productivity through division of labor, investment in human capital, and using new capital resources.
This last section of an extensive essay about the railroad in United States history discusses the role of the railroad in the 20th century.
Want to learn about the Federal Reserve? Have no fear! In Plain English describes the structure and functions of the Federal Reserve System in an easy-to-understand interactive format.
Topics include:
Why Do We Need a Federal Reserve?
Board of Governors
Federal Reserve Banks
Federal Open Market Committee (FOMC)
What Does the Federal Reserve Do?
Independence and Accountability
The Federal Reserve System is an important – but complicated institution. Make sense of the Fed in a format that is explained – In Plain English. This content from Econ Lowdown also features alignment to national Financial Literacy and/or Economics standards.
Want to learn about the Federal Reserve? Have no fear! En Lenguaje Sencillo describes the structure and functions of the Federal Reserve System in an easy-to-understand interactive format.
Topics include:
Why Do We Need a Federal Reserve?
Board of Governors
Federal Reserve Banks
Federal Open Market Committee (FOMC)
What Does the Federal Reserve Do?
Independence and Accountability
The Federal Reserve System is an important – but complicated institution. Make sense of the Fed in a format that is explained – En Lenguaje Sencillo. This content from Econ Lowdown also features alignment to national Financial Literacy and/or Economics standards.
A valuable resource for educators who are teaching their students about money. A series of lesson plans cover everything from the different forms of currency over time, to trade and economic growth and exchange. Activities and games are included.
In this lesson, students learn about human capital. “Human capital” refers to the knowledge and skills that people obtain through education, experience, and training. People invest in their human capital through education, on-the-job training, and practice. Throughout their school careers, students make investments in their human capital. Introducing this concept to younger students can help them understand why school is valuable and will allow them to build on their initial understanding of human capital in later years. This content from Econ Lowdown also features alignment to national Financial Literacy and/or Economics standards.
In this lesson summary review and remind yourself of the key terms and graphs related to the effects of fiscal policy actions in the short run. Topics include how fiscal and monetary policy can be used in combination to close output gaps, and how fiscal and monetary policy affect key macroeconomic indicators such as output, unemployment, the real interest rate, and inflation. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.
Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.
In this lesson summary review and remind yourself of the key terms and concepts related to how policymakers can influence economic growth. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.
Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.
This PBS Commanding Heights site offers a timeline of historical and political events in Peru from 1910 to 2003.
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.
By the end of this section, you will be able to:
Explain the various functions of money
Contrast commodity money and fiat money