In this lesson students watch a 60 minutes report on the market for truffles. The report explains how high demand from consumers coupled with the uncontrollable nature of truffle production affects the market. Students identify major concepts in the report as well as their supporting details, using an interactive note-taker.
The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Students will research the Inuit economy and compare and contrast it with the United States' market economy.
On November 1, 1999, Walter Payton, former Chicago Bears running back, died waiting for a liver transplant. Payton's death re-opened the nation's attention to the issue of organ donation. The National Organ Transplant Act of 1984 (NOTA) made giving or receiving compensation for organ donation illegal in the United States. Currently in the United States there exists a large shortage of viable organs which are allowed to be used for transplant. In this lesson students will be asked to research the issue of organ donation, and to debate, in a class discussion, the different alternatives which are being proposed to meet the demand for organ transplants using economic analysis.
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This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.
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