Capstone Features

Capstone Features Complete lesson plans Linked to the NCEE National Standards Field-tested and reviewed Mysteries and Guide to Economic Reasoning 45 lessons Assessments for each lesson Glossary

Web Site About the Materials Resources Introduction Table of contents Sample Lessons Resources Glossary Web Links Related Lessons Standards Correlations

Table of Contents UNIT 1 The Economic Way of Thinking Why Are We a Nation of Couch Potatoes? Scarcity and Abundance Economic Magic: Creating Something from Nothing To Choose or Not to Choose: That is Not the Question! Rules Influence Economic Behavior UNIT 2 The Invisible Hand: Markets at Work Why Did Communism Collapse? A Silver Market A Picture Is Worth a Thousand Words: Demand A Picture is Worth a Thousand Words: Supply Equilibrium Prices and Equilibrium Quantities Do Prices Matter to Consumer? How do Prices Influence My Behavior? Price Elasticity How Markets Allocate Resources Secondary Effects: Price Ceilings and Floors

Table of Contents UNIT 3 How You Can Prosper in a Market Economy Why Do Some People Make More than Others? Making Choices About Saving and Investing Creating and Using a Budget Correctly Credit Management Earning an Income UNIT 4 The Business of Doing Business Why helping Yourself Helps Others Productivity, Diminishing Marginal Returns, and the Demand for Labor How Competitive is the Industry? Make a Profit—Do the Math

Table of Contents UNIT 5 The Visible Hand: The Role of Government in a Market Economy Government and the Environment The Economics of the Constitution Public versus Private Goods The Economics of Special Interest Groups Economics of Voting Can Taxes Be Incentive? Poverty and Income Inequality UNIT 6 Goals of a Prosperous Economy Measuring, Unemployment: A Labor Market Mystery The Effects of Inflation GDP and How to Measure It Money and Monetary Policy Fiscal Policy: A Two-Act Play Should We Worry About the National Debt? Sorting Through Economic Theories Aggregate Demand and Aggregate Supply

Table of Contents Unit 7 Markets Without Boarders: The Global Economy Why Go Global? Why Do People Trade Across National Borders Why People Trade: comparative Advantage Foreign Currencies and Foreign Exchange Why Are Some Nations Wealthy? World Environmental Issues: Is the Market at Fault? International Trade: How Do We Measure Trades Across Political Borders?