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Grades 6-8 Economics: Market Economics and International Trade:
How do we make the study of economics interesting and engaging for students? Easy! We show them how concepts such as scarcity, opportunity cost, international trade, and government regulation affect their daily lives!
In this fun and interactive unit study, designed to meet and exceed state and national standards, your children will explore elements of microeconomics and macroeconomics. After a Chapter One review of scarcity, choice, and opportunity cost, your children will focus on international trade, comparative economics, and market economies. With over 35 activities and 10 hands-on exercises, including literature-based economics lesson plans, your children will be fascinated from beginning to end. Each chapter includes a variety of activities, including lesson plans, videos, interactive websites, readings, worksheets, charts, games, and much more to make learning economics relevant and FUN!
This unit study is part of our economics core curriculum series for grades 6-8. The time needed to complete this unit study will vary for each child, but you should expect to spend approximately 40 hours.
Take a peek inside:
The economic way of thinking
Economics as a study of human choice and behavior
Applying the economic way of thinking to literature
Scarcity
Opportunity cost
Interdependence
Opportunity cost of war
Supply and demand
Impact of technology on supply and demand
Money and currency
Foreign currency exchange
The Euro
International trade
Specialization
Comparative and Absolute advantage
World Trade Organization
Barriers to trade
Gross Domestic Product
Standard of Living
Traditional, command, market and mixed economies
Role of government in a market/mixed economy
Taxes in a market/mixed economy
Regulation in a market/mixed economy
Monopolies in a market/mixed economy
The US Federal Reserve System
Stock exchanges in a market/mixed economy
and much more!
All activities in this unit study are presented in an easy to follow format with active and updated web links. Click on the links and the best resources on the World Wide Web appear for your children. The links bring the world to your children by providing streaming videos, interactive web sites, educational games, audio files, and more. At Intellego Unit Studies, we believe in the varied learning styles and multiple intelligences of every child. That’s why all of our unit studies include reading and writing activities, videos, art, music, comparisons, drawing and painting, discussions, hands-on activities, art projects, full-color high resolution graphics, printable activity pages, and more!
Similar resources
Financial Markets (2011) with Robert Shiller
Supply, demand, and market equilibrium
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Our Mission
At Intellego Unit Studies, our mission is to provide engaging curriculum that meets the need of the 21st century student. Using the best resources available on the Internet, Intellego Unit Studies unites technology, learning style theory, and multisensory activities to help children reach their true academic potential.
Our Focus
At Intellego Unit Studies, we provide comprehensive and complete K-8 curriculum in social studies and science. In addition, we provide multidisciplinary unit studies for electives and enrichment in the areas of science, history, art, music, civics, cultures, and popular interest.
Our Inspiration
At Intellego Unit Studies, we are inspired by the inquisitive nature of children and the nurturing adults who guide their learning.
Our Challenge
Before Intellego Unit Studies was created, we listened as children and parents complained that their curriculum was boring, inadequate, limiting, out-dated, or just plain ineffective.
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Quality curriculum that replaces dumbing down with high expectations for students.
Engaging curriculum that supports active learning.
Creative activities that support parental involvement in their children’s education.
Comprehensive curriculum that teaches from multiple viewpoints.
Multisensory curriculum that contains more than just reading and writing activities.
Secular curriculum that respects the religious and spiritual beliefs of all people.
Multicultural curriculum that recognizes the past, present and future of racial and cultural minorities.
Reliable web-linked curriculum that brings your family the best resources on the Internet.
Easy to use curriculum that does not require extensive prep time.
Research-based curriculum that supports the learning needs of your children.
We have listened, and we hope you will agree that we have met the challenge you have placed before us.
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