Series Details Subjects: Social Studies, Professional Development Grade Levels: Professional Development Program Length:  Eight 60-minute episodes Record Rights:  Perpetuity, Available for loan or purchase, CC Producer/Distributor: Annenberg Media Series Website Air Dates Air One Lessons 1-2 March 23, 2009 from 1:30-3:30 a.m. Lessons 3-4 March 24, 2009 from 1:30-3:30 a.m. Lessons 5-6 March 25, 2009 from 1:30-3:30 a.m. Lessons 7-8 March 26, 2009 from 1:30-3:30 a.m. Related Series Economics Economics U$A Professional Development Making Civics Real Primary Sources: Workshops in American History Social Studies in Action: A Methodology Workshop for Grades K-5 Social Studies in Action: A Teaching Practices Library, K-12 Teaching Geography Web Resources EcEdWeb This site from the University of Nebraska at Omaha Center for Economic Education provides teachers with lesson plans, curriculum support, and other resources for teaching economics. EdconEdLink This site from the National Council on Economic Education includes lesson plans, web links, data links, and resources to examine current economics news. JumpStart With a focus on personal financial literacy, JumpStart provides teachers with resources and examples of best practices. EconoMagic This directory of economic resources includes links to economic data and reports.

 

ECONOMICS CLASSROOM: A WORKSHOP FOR 9-12 TEACHERS

This video workshop for teachers provides a solid foundation for teaching the concepts covered in high school economics courses. Topics range from personal finance to global economic theories. In addition to defining economics concepts and outlining modern economic theory, the programs review the national standards for economics education and provide effective lesson plans and classroom strategies. The video programs also feature unscripted footage of diverse economics classrooms, interspersed with reflections by teachers and students. The accompanying print guide and Web site provide a complete package for the professional development of high school economics and social studies teachers.

Episodes

1.HOW ECONOMISTS THINK
This session introduces the workshop with an economist's perspective on everyday transactions. In this session, you will explore the four cornerstones of economic thought: everything has a cost, tradeoffs are necessary, incentives matter, and voluntary trade creates value.(58:52 min.)

2.WHY MARKETS WORK
This session employs market simulations and exercises to illustrate key concepts of the market the foundation of economic activity. Special emphasis is given to the interplay of supply and demand. See how supply and demand affect prices, and how prices can work as both positiveand negative incentives for consumers and producers. (58:55 min.)

3.THE GOVERNMENT'S HAND
This session explores the intervention of the government in the free market, with price ceilings (such as rent control), price floors (minimum wage), or social welfare programs. When the government's hand produces surprising or unintended outcomes, economists need to consider theincentives offered, how others will react, and what the inevitabletradeoffs will be. (58:59 min.)`

4.LEARNING, EARNING, AND SAVING
Learn basic personal finance and arm students with sound, practical advice to formulate and reach their own financial goals. This session reveals the truth about millionaires, the power of compound interest, and how investment in education pays off. A stock market simulation illustrates investment concepts. (58:59 min.)

5.TRADING GLOBALLY
Explore the global economy - why and how nations trade with one another. Meet some of the major players in the international market and findout how protectionism can have unintended consequences. Topics include where goods come from, absolute and comparative advantage, economiesof scale, and international trade organizations and alliances.(58:55 min.)

6.THE BUILDING BLOCKS OF MACROECONOMICS
Macroeconomics looks at the economy as a whole, including inflation, recession, unemployment, economic growth, and gross domestic product (GDP). In this session, lectures, simulations, and exercises help explain these great forces and show how they fluctuate. (58:55 min.)

7.MONETARY AND FISCAL POLICY
Learn how the government controls demand with fiscal policy - affecting tax and spending - and monetary policy - involving the Federal Reserve, interest rates, and the banking system. See how these policy toolsare developed and how they work in practice. (58:25 min.)

8.GROWTH AND ENTREPRENEURSHIP
This session explores how innovation and entrepreneurship can flourishin and enliven a free-market economy. See why the good old days weren't all that good, what entrepreneurs do, and what makes countries richer over time. Discover the tradeoff for innovation. (58:55 min.)

ITV Database You can search the Instructional Television Database by subject and grade level. For each series you will find detailed episode descriptions, schedules, related series, and links to related web resources. For many series you will also find lesson plans and streaming video. You can also find programming information in the 2007-2008 Knowledge Network Program Guide. This guide is in PDF format and you will need Adobe Acrobat Reader to access it. Find an ITV Program Subject Area... The Arts Astronomy Chemistry Civics Current Events Earth Science Economics Geography Guidance Health History Language Arts Life Science Math Music Physics Professional Development Psychology Reading Science Social Studies World Languages Writing Grade Level... Primary Elementary Middle School High School Professional Development All Programs New Programs Video On Demand You can access selected series on the web via videostreaming. Some of the series are password protected. Contact the Knowledge Network for the password for your school or SAU. Home schools can also be issued a password. You will need RealPlayer to access these online videos. Recording Online Videos: If you are using the latest version of RealPlayer, you can also download videos to your RealPlayer Library. >> Instructional Television VOD