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Money, Debt and inequality

Money, Debt and inequality

When I ask my students: ‘What is money?’, they hardly ever know. Most adults don’t either. This lesson looks at what money is, how the banking crisis happened, what the difference between good debt and bad debt is, and the current global inequality in wealth. It includes individual and group work activities, as well as whole class discussions, to try and stimulate students understanding and critical engagement with the world as it is. A lesson that could work as an introduction for economics, PHSE, SEAL, SMSC and Careers lessons for children aged 11+. Extensions, start and plenary are included to aid differentiation and the learning journey. Learning questions also increase in difficulty as the lesson progresses. Learning questions include: What is money? What’s the difference between good debt and bad debt? What is crypto-currency? Extension: Is financial inequality out of control, and if so how can it be resolved? Instructions on how to use the resource are in the notes of the powerpoint, which also includes a number of youtube videos, and included here is also a short word document which has some of the debate about where money originated from and what preceded it. This document is made from a summary of Graeber’s recent work and watching the ‘crash course’ video on money. Adam Smith’s idea that barter preceded minted coinage seems, in recent academia, to be incorrect. Rather, minted metal coinage seems to have been part of a ‘military-mining-slavery complex’ where wars created slaves to mine metal to pay soldiers.
DavidFew
Plenary Skills

Plenary Skills

This resource contains a PowerPoint with 21 questions to be used as a plenary in any subject area. The squares disappear once is has been clicked. This resource includes Animation and encourages students to consolidate their learning. This resource can be used in any subject area.
MissSahdev
Public Goods Lesson and Activity Sheet: A Level Economics

Public Goods Lesson and Activity Sheet: A Level Economics

A level Economics lesson: Public Goods. For the Edexcel Exam board. This resource could be used as a full lesson and includes attached activities, challenging and thoughtful questions, learning objectives and embedded URL links where appropriate and tasks/information for students to use to learn about issues relating to macroeconomics and microeconomics These resources work well with other popular Economics Resources such as: Microeconomics Exam Paper Price Determination of Ticket Prices The UK Housing Market The Price Mechanism Cross Elasticity of Demand (XED) Demand Activities Price Elasticity of Supply (PES) Economics Essay Feedback Proforma Demand Minimum Pricing
MissSahdev
Supply and Demand Exit Ticket Assessment

Supply and Demand Exit Ticket Assessment

Check out this simple and direct assessment on supply and demand. Presented through scenarios, students will have to identify what the supply is and what the demand is. The last question includes completing the statement. This is best used as independent work or an exit ticket to offer a snapshot of students' understandings. An answer key is included for your convenience!
myeducationalhotspot
Student Proposed Business Plan Project (Differentiated)

Student Proposed Business Plan Project (Differentiated)

Check out this awesome cooperative learning activity. Within this differentiated lesson, students will develop a business plan based on a need in their world, will identify components such as the consumer, the production, cost, supply and demand, need and want and more. The template comes in three varieties so you can meet the needs of all students and multiple grade levels. A one-pager is included clearly articulating how to implement this in your classroom. From brainstorm, to implemetation to presentations, this week long project will challenge your student to problem solve, think critically, collaborate, synergize, and be creative, all while applying economic concepts and business thoughts. Have fun!
myeducationalhotspot
Economics Influences: A Level Business

Economics Influences: A Level Business

This resource contains a full lesson PowerPoint including a starter and plenary around the topic of Economic Influences. This is suited for the Edexcel Business Specification. These resources work well with other popular Business Resources such as: Markets and Market Research Niche, Mass and Dynamic Markets SWOT Analysis: A Level Business Marketing Revision Guide What is Enterprise? Business Essay Feedback Exchange Rates Full Topic
MissSahdev
Shark Tank Inspired Invention and Advertisement Creation Challenge Project

Shark Tank Inspired Invention and Advertisement Creation Challenge Project

Check out this incredible project that is inspired by Shark Tank. Included in this large packet, you will find directions for the teacher, directions for the students, challenge sheet with an explanation hook, templates for each stage of the invention and advertisement process and a clear rubric to convey expectation. Presented in a fun and student-friendly format, students will create an invention, whether real or not, will discuss the need for the invention and then create an advertisement to hook buyers. It is intended to take five days, with clear expectations for each day, as each lesson scaffolds on the next. Students will love applying their learned concepts of supply and demand, needs and wants, and helping people make their lives easier through their inventions. One of our favorites :)
myeducationalhotspot
Econ Game

Econ Game

This is a game for 4 to 6 players to teach basic economic terminology. Players move around a board collecting resource cards which they need to turn into Super Resources to win the game. Bonus and Chance cards mix things up each round. Players can trade with each other to get the required resources too. Economic terms students will learn about while playing include: deflation, embargo, exports, GDP, GDP per capita, globalization, hyperinflation, imports, inflation, monopoly, protectionism, quota, resources, scarcity, standards, subsidies, surplus, tariff, trade barrier, and trade deal. The game comes with a glossary to explain all the terms used. Appropriate for grades 4 and up. The game comes in a pdf format. The game board and cards need to be printed on card stock and cut up.
merylvdm