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Georgia Department of Education
Unit 5
International
Economics Resources
This
Instructional
Guide
Each article in
this guide is a
resource for
teaching the
International unit
of economics.
Attend the
Georgia
Council for
the Social
Studies and
National
Council for
Social
Studies
Conferences
Foundation for Teaching Economics: Issues of International Trade
Trade issues occasionally
dominate and are a continuing theme of the international scene: the global
market, sweatshops, child
labor, trade deficits, the
euro, sanctions, tariffs,
embargoes, and the EU,
NAFTA, WTO – the
seemingly endless alphabet
of interest groups, treaties, organizations, and
trade agreements. As a
classroom topic, international trade has the great
advantage of providing
ready-made material for
teachers wanting to engage student interest in
current events. On the
other hand, the complexity of the issues surrounding trade is daunting.
While economic reasoning
doesn’t guarantee resolution of the issues, it is a
powerful tool of critical
thinking that brings clarity
to the discussion of current events. The ability to
determine comparative
advantage through opportunity cost, the ability to
identify incentives and
predict resulting behavior,
and the ability to use supply and demand analysis
of particular labor and
resource markets, help
students to set aside the
emotion of international
trade issues and cut
through the rhetoric of
media reports.
There are 7 lesson available that include many
different classroom activities.
http://www.fte.org/teacherresources/lesson-plans/
Share the Wealth: Teaching tips for international economics
The Federal Reserve Bank of
Atlanta created a webpage
full of resources, articles and
lessons for teaching international economics. Lesson
plans include:

Globalization

Show Me the Euro

Global Marketplace

Illustrating Trade in the
Classroom
Other notable features include:

It’s a small World

Using multimedia, Tshirts to teach globaliza-
tion

Beyond the economic
textbook
http://www.frbatlanta.org/pubs/
extracredit/11fall_share_the_wealt
h_international_economics.cfm
International
The Summit is a simulation of the global economy. It is an effective
learning experience for
high school and university students on globalization, international relations and economics.
At the Summit, student
teams, representing the
nations of today's complex world, compete for
scarce resources, form
strategic country alliances, debate global
"If ignorance paid
dividends, most
Americans could make
a fortune out of what
they don't know about
economics."
—Luther H. Hodges,
US Secretary of
Commerce
issues, invest in
long term development projects, interact with global
economic institutions, and seek to
stabilize and advance the global
economy.
The website is full of
resources for teaching
international economics
including videos and
resources and information for student re-
search.
www.econsummit.org/
exchange rates, and other
The IMF Center of the International Monetary Fund, in partnership with the U.S.'s National
understanding the dynamics of
the global economy. Thinking
Globally: Effective Lessons for
Council on Economic Education (NCEE), has launched an
instructional program for
Teaching about the Interdependent World Economy are
eight classroom-tested lessons
on
secondary school students
about the effects of globalization and the importance of
globalization, comparative advantage, economic growth,
international topics.
http://www.imf.org/external/np/
exr/center/students/hs/think/
lesson4.pdf
Lessons and video’s available at
http://www.imf.org/external/np/
exr/center/econed/
index.htm#think
The Carter Center Teacher Resource Center
Page 2
Welcome to the Carter
Center Teacher Resource
Center! The Center's work
offers a valuable learning
opportunity for your students. Our efforts to wage
peace,
fight disease, and
build hope
around the
world illustrate relevant principles of
American Government
and Civics, International
Economics, United States
and World History, and
Geography.
Lessons found here align
with and support the Georgia Performance Standards for Social Studies.
Each lesson incorporates
material from current
Carter Center programs,
which are described in
depth on this website. Performance standards listed
on each lesson are sug-
gested; additional standards may apply. Also,
lessons may be easily
adapted for use with curricula in other states and
countries.
Find resources at
http://www.cartercenter.org/
news/teacher_resource/
index.html
International
Teaching International Economics
The aim of this wiki is to
establish a repository of
material, placed here under
a creative commons license,
that can be accessed and
shared by academics teaching International Economics
at intermediate/advanced
undergraduate level. This
repository will include a
wide range of material including lecture notes; slide
presentations, suggested
reading lists and a series of
useful external links.
The basic idea behind the
TRUE project is to provide
a resource to help lecturers
develop and refine courses
in a number of subject areas
which are commonly offered as undergraduate and
advanced undergraduate
(postgraduate nonspecialist) options.
would be willing to share,
please get in touch with us
at either
[email protected]
or [email protected]
We hope that the site will
also build into a useful forum for exchanging ideas,
comments and suggestions
relating to teaching materials in this subject area.
If this sounds of interest,
and especially if you have
teaching materials that you
http://www.economicsnetwork.ac.uk/international
Free Workshops Through GCEE
The Georgia Council for Economic Education is a nonprofit organization that provides materials and training to
Georgia teacher grades k-12
at little or no cost.
AP Economics Institute
A five-day program for high
school AP economics teachers
Teachers review micro- or
macroecomic theory; focus
on the content and scoring of
the micro and macro exams;
and interact with experienced
AP readers and test developers. Teachers may choose
the five-day macroeconomics
session or the five-day microeconomics session. Offered
with The College Board.
Materials, $, PLU, Lunch
timely topic for Georgia's
economics teachers. As the
subject of increasing interest
in the mass media, many ideas
related to globalization evoke
strong emotion even as they
reveal economic misconceptions. This workshop provides teachers with 12 classroom-ready lessons.
Materials, No Fee, Sub, Lunch
students learn economics are
Teaching High School
school teachers
Economics and the GPS
VE4 is a wealth of resources
A two-day workshop for high
just for teachers, from 51 key
school economics teachers
economics concepts with
This workshop boosts the
practical teaching tips to
shared. Teachers take home
lessons aligned to Georgia's
GPS objectives.
Materials, No Fee, Sub, Lunch,
PLU
more than 1,400 reproducible activity-based lessons correlated to the new
economics and personal
finance standards.
Materials, No Fee, Sub
Virtual Economics 4
A one-day workshop for high
comfort level and teaching
effectiveness of teachers
teaching the state-mandated
Globalization
high school economics
A one-day workshop for
high school teachers
Globalization has become
highly controversial in recent
years and is therefore a
courses. Instructional materials and model teaching
strategies proven to help
Page 3
International
Center for Economics Research Lecture Notes
This is the website for the
course International Economics taught by Dr.
Christa Brunnschweiler.
On the site are links to the
Lecture Notes for each
session which is based on
the International Trade
Textbook written by
Robert Feenstra and Alan
Taylor.
Topics Include:

Trade and Technology:
The Ricardian Model

Gains and Losses from
Trade in the SpecificFactors Model

Increasing Returns to
Scale and Imperfect
Competition

Trade and Growth Empires

Export Subsidies in
Agriculture and HighTechnology Industries
Movement of Labor and
Capital between Countries



The Effects of Trade on
Poverty, Inequality and
the Environment
The lecture notes are conveniently in PowerPoint format at
the following address
http://www.cer.ethz.ch/resec/
teaching/IE/ie_st_09
Import Tariffs and
Quotas under Perfect
and Imperfect Competition
International Lessons in AP Macroeconomics
Page 4
The questions on the
AP Macroeconomics
Exam that students often find the most difficult are those on international economics.
Although the AP Macroeconomics course
introduces international
of the course. The purpose of this essay is to
offer a few suggestions
for integrating international ideas into material covered earlier in
the Principles of Macroeconomics course. By
showing students
the foundation for focused discussion later
in the term. I have discovered in all of my
courses that a
"preview" serves students well. The basic
ideas become part of
how a student thinks,
or at least the
ideas
"ferment," providing a context for more
formal analysis.
ideas relatively early in
the course (when the
principles of national
income accounting and
aggregate demand are
introduced), instructors
often leave the formal
analysis of international
transactions for the end
where international
economic ideas fit into
the course's initial,
most elementary analyses, the teacher can
help them begin to apply global concepts to
everything they learn in
the course, thus laying
More information, resources
http://
apcentral.collegeboard.com/
apc/members/courses/
teachers_corner/180546.html
Common Core
Curriculum Standards for History/Social Studies Grades 1112
http://
www.corestandards
.org/the-standards/
english-languagearts-standards/
history-socialstudies/grades-1112/
Georgia Economics
Frameworks
Unit 5:
“International Trade
of Mystery”
https://
www.georgiastandards.
org/Frameworks/GSO%
20Frameworks/
Economics%20Unit%
205.pdf
National Council
for Social Studies
http://
www.socialstudies.or
g/
National Standards
http://
www.socialstudies.or
g/system/files/
images/
RevisedNCSSStandards_Golston.pdf
Created by Amanda Hatcher