The Virginia Council on Economic Education 2015-2016 Featured Books: Tia Isa Wants a Car by Meg Medina, Helen’s Big World: Life of Helen Keller by Doreen Rappaport, and Uncle Jed’s Barbershop by Margaree King Mitchell with discussion questions and lesson plans. These books are used to teach about savings,savings goals, opportunity cost, productive resources, and human capital.

It's never too soon to begin teaching basic financial concepts, such as human capital, decision-making, saving, and using credit, to young students. Ella's Adventures allow your students to follow young Ella as she learns important life lessons.

An introductory course in labor economics from MIT. Emphasizes applied microeconomics and empirical analysis. Includes suggested readings, assignments, and exams.

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:

Discuss the components of economic growth, including physical capital, human capital, and technology
Explain capital deepening and its significance
Analyze the methods employed in economic growth accounting studies
Identify factors that contribute to a healthy climate for economic growth

By the end of this section, you will be able to:

Identify the role of labor productivity in promoting economic growth
Analyze the sources of economic growth using the aggregate production function
Measure an economy’s rate of productivity growth
Evaluate the power of sustained growth

By the end of this section, you will be able to:

Understand the arguments for and against requiring the U.S. federal budget to be balanced
Consider the long-run and short-run effects of a federal budget deficit

By the end of this section, you will be able to:

Analyze the growth policies of low-income countries seeking to improve standards of living
Analyze the growth policies of middle-income countries, particularly the East Asian Tigers with their focus on technology and market-oriented incentives
Analyze the struggles facing economically-challenged countries wishing to enact growth policies
Evaluate the success of sending aid to low-income countries

By the end of this section, you will be able to:

Explain crowding out and its effect on physical capital investment
Explain the relationship between budget deficits and interest rates
Identify why economic growth is tied to investments in physical capital, human capital, and technology

This resource provides statistical data on numerous categories for nearly every country in the world. A great tool for a comparative analysis. Human, natural, and capital resources are all included.