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Grade 6-8, 9-12

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Webinar

How to Play the Fiscal Ship

Updated: December 7 2018,

Author: , Council for Economic Education

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Standards Summary

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Standards

State Standards

Concepts

Budget Deficits and Public Debt, Fiscal Policy

Open Webinar

What are the tradeoffs that policymakers face when steering the federal budget? To answer this question, we will explore ways students can grapple with the complexity of federal budget choices as they play The Fiscal Ship.

Subjects:

Economics

Grades 9-12

The History of Social Security

In this economics lesson, students will examine the creation of Social Security.

Key Concepts: Fiscal Policy, Income Distribution, Roles of Government

90 mins

Lesson

Grades 9-12

National Security Goals, the Federal Budget, and the National Debt

In this economics lesson, students will examine defense spending to learn how it can influence the economy as a whole.

Key Concepts: Budget Deficits and Public Debt, Fiscal Policy, Roles of Government

90 mins

Lesson

Grades 9-12

Keynes vs. Hayek: The Rise of the Chicago School of Economics

In this economics lesson, students will compare different schools of economic thought to learn about the role of government.

Key Concepts: Fiscal Policy, Government Failures, Monetary Policy

90 mins

Lesson

Grades 9-12

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In this economics lesson, students will revise a federal budget to understand its contents.

Key Concepts: Budget Deficits and Public Debt, Decision Making/Cost-Benefit Analysis, Roles of Government

60 mins

Lesson