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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