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Calendar Item: U.S. Adds Some Land on December 10, 1845


Marketplace: The Argentina Barter Fair

In April 2002, Argentina's economic situation seemed to be getting worse and worse. Banks closed for nine days before reopening on April 29, 2002. How did Argentinians function during that time? Amy Radil of NPR reported on the flourishing barter economy that sprung up through necessity. Her report provides background information for the students in this lesson as they examine inflation, barter systems, and the use of currency.

Grades: 9-12
Published: 12/23/2008

Why do we need money? Think about Ebay!

The students investigate money--its purpose and functions. They complete an exercise, using the online acution site Ebay, to learn why money is critical to an economy.

Grades: 9-12
Published: 01/12/2006

Broad Social Goals of an Economy

COMPELLING QUESTION Why do politicians disagree on economic issues—isn’t there one right answer? Students work in small groups and are assigned a version of diary excerpts written by a student intern working for a policymaking legislator. Half the groups read a diary that focuses on stability, security, and equity as broad social goals. The other half read a diary that focuses on freedom, efficiency, and growth. Students determine which broad social goals are emphasized in their reading.  During a debriefing, students will discuss broad social goals and identify how trade-offs arise when a society pursues competing social goals. Finally, students choose a current social issue and develop a public policy to deal with that issue, identifying the goals they are attempting to achieve and trade-offs that might arise in terms of other worthy goals.

Grades: 9-12
Published: 05/09/2016

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Focus: Understanding Economics in U.S. History

Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.

Grades: 9-12
Published: 2006

7 out of 40 lessons from this publication relate to this EconEdLink lesson.

World History: Focus on Economics

With lessons combining economics and world history, students discover how people and nations developed as a result of making decisions based on maximizing local resources.

Grades: 9-12
Published: 1996

4 out of 12 lessons from this publication relate to this EconEdLink lesson.

Risky Business DVD

Use this DVD program to show students how to live healthy, wealthy and risk-free.

Grades: 9-12
Published: 2007

3 out of 12 lessons from this publication relate to this EconEdLink lesson.