FOR HIGH SCHOOL TEACHERS
Teaching Comparative Advantage,Globalization, Economic Growth, Interdependence, Exchange Rates,etc.
Thinking Globally: Effective Lessons for Teaching about the Interdependent World Economy
(High school)
Classroom-tested lessons on globalization, comparative advantage, economic growth, exchange rates, and other international topics. The eight lessons are available on a single CD-ROM free of charge to educators (or use the free Adobe Acrobat Reader to download PDFs of the lessons below).
These lessons are also available in: French, Spanish, Russian (9,708KB pdf file), Arabic (6,379KB pdf file), and Bahasa (727KB pdf file).
Lessons #1 and 2 focus on the IMF and its role in the global economy.
Lesson# 1: Ten Basic Questions about Globalization focuses on the history, impact and future implications of living in a globalized economic system. (87KB pdf file)
Lesson# 2: What is the IMF and What Does it Do? Introduces the IMF and its role in fostering global economic stability through monetary and financial cooperation. (84KB pdf file)
Lessons #3-8, on trade, international organizations, currencies and foreign exchange, are previously-released lesson plans produced by NCEE.
Lesson# 3: Why People Trade Students participate in a trading simulation and use this experience to discover the benefits of free trade. (128KB pdf file)
Lesson# 4: Comparative Advantage and Trade in a Global Economy Students observe or participate in a role-play situation in which one person is better at both of two activities. (143KB pdf file)
Lesson# 5: "Hey, Hey! Ho, Ho! Why Do We Need the WTO?" Several activities are used to introduce students to six international institutions that play important economic roles, especially in the areas of international trade, finance and development. (773KB pdf file)
Lesson# 6: Why are Some Nations Wealthy? Students work in groups to examine data from several nations regarding size, natural resources and population. (86KB pdf file)
Lesson# 7: Foreign Currencies and Foreign Exchange Students participate in a simulated foreign exchange market. Provides an opportunity for students to use supply and demand analysis to explain how flexible exchange rates are established in currency markets. (177KB pdf file)
Lesson# 8: Exchange Rates: Money around the World Students participate in two auctions to demonstrate the determination of flexible exchange rates and the need for foreign currency to purchase goods from other countries. (150KB pdf file)