1. WHAT IS ECONOMICS IN ACTION?
NCEE
National Council on Economic Education

2. What is Activity-Based Economics?
Economics in Action consists of 14 favorite NCEE activity-based lessons, which Jane Lopus and Amy Willis have taken to a new level.
These lesson s involve simulations, group decision making, problem solving, classroom demonstrations, role-laying, and group presentations.

3. What is Activity-Based Economics?
The students’ minds are engaged. EIA is more than a bundle of concepts – it teaches an economic way of thinking.

4. The Philosophy Behind Economics in Action
I hear and I forget
I see and I remember.
I do and I understand

5. Economics from the Heart
“Before this lesson, I did not understand well what the teacher taught us about why we trade. However, after this lesson, the answer just fell into my heart.”
Japanese student commenting
after completing Lesson 1
“Why People Trade”

6. Table of Contents Why People Trade Economic Decision Making
Using Economic Reasoning to Solve Mysteries
Property Rights in a Market Economy
The Role of Government in a Market Economy

7. Table of Content Continue
The Economic Way of Thinking: Marginal Analysis
A Market in Wheat
Productivity
The Invention Convention
The circular Flow of Economic Activity

8. Table of Content Continue
Money and Inflation
Fiscal Policy: a Two-Act Play
Comparative Advantage and Trade in a Global Economy
Exchange Rates: Money Around the World