Economic Lesson Plans - Edition II Unit 4
Unit 4 - Acquire knowledge of the impact of government on business activities to make informed economic decisions.
- Lesson Plan 14 : Impact of Transitional Economies. Analyze the impact of transitional economies, such as in China and India, on the global economy in general and the American economy in particular. (National Geography Standard 11, p. 206)
- Lesson Plan 15 : Entrepreneurship. Identify the risks, returns and other characteristics of entrepreneurship that bear on its attractiveness as a career.
- Lesson Plan 16 : Income. Describe how individuals and businesses earn income by selling productive resources.
- Lesson Plan 17 : Public Policy and the Market. Analyze the impact of a change in public policy (such as an increase in the minimum wage, a new tax policy, or a change in interest rates) on consumers, producers, workers, savers, and investors. NOTE: the bulk of these benchmarks are taught in Civics-this should be a brief review.
- Lesson Plan 18 : Government and Consumers. Analyze the role of government in protecting consumers and enforcing contracts (including property rights) and explain own this role influences the incentives (or disincentives) for people to produce and exchange goods and services. NOTE: the bulk of these benchmarks are taught in Civics-this should be a brief review.
- Lesson Plan 19 : Federal Government and Macroeconomic Goals. Identify the three macroeconomic goals of an economic system (stable prices, low unemployment, and economic growth).
- Lesson Plan 20 : Macroeconomic Policy Alternatives. Compare and contrast differing policy recommendations for the role of the Federal government in achieving the macroeconomic goals of stable prices, low unemployment, and economic growth.
- Lesson Plan 21 : Fiscal Policy and its Consequences. Analyze the consequences - intended and unintended - of using various tax and spending policies to achieve macroeconomic goals of stable prices, low unemployment, and economic growth.
Lesson Plan 22: Government Revenue and Services. Analyze the ways in which local and state governments generate revenue (e.g., income, sales, and property taxes) and those that revenue for public services (e.g., parks and highways). NOTE: the bulk of these benchmarks are taught in Civics-this should be a brief review.