Related Lessons

Calendar Item: National Income Tax Emerges on August 27, 1894

Trade in Colonial America / NAFTA

Often teachers and students are able to internalize historical and economic concepts through a more recent event that has occurred within their time frame. This lesson is an extension for the lesson, "Understanding the Colonial Economy." It examines the role and effect of NAFTA in the Mexican and US economies.

Grades: 9-12
Published: 06/03/2004

Lemonade and Cookies

Everyday countries trade their goods because they have the comparative advantage in making that particular good. In this lesson, you will read through an interactive story problem to learn about trade and specialization and the outcomes they have on the world.

Grades: 9-12
Published: 01/09/2003

Should LeBron James Mow His Own Lawn?

This lesson will discuss absolute advantage, comparative advantage, specialization and trade with an example using professional basketball player LeBron James.

Grades: 9-12
Published: 01/25/2011

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: Globalization

This publication contains 12 lessons to help you integrate globalization concepts into your Social Studies, Economics, or Global Studies course.

Grades: 9-12
Published: 2006

9 out of 16 lessons from this publication relate to this EconEdLink lesson.

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

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

Capstone: Exemplary Lessons for High School Economics - Teacher's Guide

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.

Grades: 9-12
Published: 2003

6 out of 45 lessons from this publication relate to this EconEdLink lesson.