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2001 Economics
Syllabus
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Session
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Content
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Concepts
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Chapter
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Lesson
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6/19
8:30 - 10:00 am
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The Economic Problem
Standards Overview |
Wants, resources, scarcity,
opportunity cost, marginalism, decision making |
1
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The Mitten
Something from Nothing
Sticky Situations
Something Special for Me
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6/19
10:15 - 11:45 am
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Basic Economic Question |
Three basic economic questions
Markets/Circular
flow
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2
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What, How, and For Whom
Dandy Dollars
Name Card
Production
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6/19
1:30 - 2:45 pm
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Exchange and Money |
Barter, Monetary Exchange, Functions
of Money |
3
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Saturday Sancho, One Fine
Day, All the Money in the World, History of Money, Alexander,
Bunny Money, Tarantula Shoes
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6/20
8:30 - 10:00 am
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Consumers and Demand |
Demand |
4
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How Many Will You Buy?
Which Way, Homer Price News Articles
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6/20
10:15 - 11:45 am
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Producers and Supply Markets |
Supply |
6
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Souvenir Supply, Which
Way Again, News Articles
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6/20
1:30 - 2:45 pm
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Markets |
Markets, Market Clearing Price,
Price Allocation, Shortages and Surpluses |
7
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Hippo Lemonade, Market
Balance, Mind your P's and Q's, Foster's War, Fever, and Pumpkinville
Mystery
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6/21
8:30 - 10:15 am
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Markets |
Markets, Shortages, and Surpluses |
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Applications
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6/21
10:15 - 11:45 am
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Markets |
Applications |
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News Articles
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6/22
8:30 - 10:15 am
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Production |
Productivity, Costs of Production,
Diminishing Returns
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5
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Widget Production, Immigrant
Kids, Head Full of Motions, The Erie Canal, Cotton Gin, Left Foot
Factory
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6/22
10:15 - 11:45 am
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Economic Systems |
Types of Systems, Allocation
Strategies |
Horwich essay
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Beading Simulation, Broad
Social Goals, Foster's War, The Doorbell Rang
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6/22
1:30 - 2:45 pm
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Role for Government |
Externalities, Public Goods
and Services, Price Ceiling/Floors |
Walstad reading
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Regulation Rigmarole,
Create a Community, River Ran Wild, Pushcart Wars
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6/25
8:30 - 10:15 am
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Role for Government |
Applications |
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6/25
10:15 - 11:45 am
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International |
Comparative Advantage, Trade
Restrictions |
8
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A Pocketful of Goobers,
Jefferson's Embargo, Peace Time Trade, International Trade Simulation
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Text: Economics for the Elementary Classroom
by Coulson and McCorkle
Readings: George Horwich: "A Comparative Analysis of Economic Systems",
and William Walstad: "Economics for Kids: Externalities"
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 Send comments to Fran O'Malley at fomalley@udel.edu.
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Economics
Syllabus