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Calendar Item: RFC Gets Up And Running on February 2, 1932


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

It's a Not So Wonderful Life

In this lesson students learn about banks and banking. The study the fractional reserve system, and the role the Fed plays in the money creation process.

Grades: 9-12
Published: 05/23/2007

Exchange Rates: How Money Affects Trade

Students learn how currency values are set by supply and demand, and how changes in the value of currency affect international trade. Students then find the value of the Brazilian Real in 2000 and 2002, determine whether the currency has appreciated or depreciated, and predict the effects on imports and exports.

Grades: 9-12
Published: 10/08/2002

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.