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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

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

National Budget Simulation

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

Grades 9-12

Federal Budget: The Fiscal Ship Game

In this economics lesson, students will evaluate fiscal policy objectives to learn the challenges of sustainable national budget formation.

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

90 mins

Lesson

Grades 9-12

Hutchins Center Explains

In this economics series of articles, The Hutchins Center Explains current debates and key concepts in fiscal and monetary policy.

Key Concepts: Fiscal Policy, Monetary Policy

Varies

Article

Grades 9-12

Fiscal Ship

Students will understand how federal policy making decisions, and their associated revenue and spending implications, impact the budget, and will…

Key Concepts: Budget Deficits and Public Debt, Budgeting, Fiscal Policy

Varies

Activity