The Economy

understanding the “Big Picture” and key topics

  • The Canadian Economy: The Big Picture – This is a CFEE resource providing an overview of the economy and how the various component parts fit together.

  • Money and the Economy – CFEE resources helping people understand the role money plays in the economy, the financial system and the role of the Bank of Canada.

  • Florida State University Dept. of Economics paper – U.S. site: This site has a direct download to a paper written by Joab Corey, Florida State University Dept. of Economics. The paper suggests games, (with complete instructions), that can be played in the classroom to teach economic concepts.

  • How An Economy Grows – U.S. site: This is a website that contains the comic book entitled “How An Economy Grows (and Why It Doesn’t). It is written by the controversial Irwin Schiff but the first 50 pages deals with how an economy grows. His political bias etc. enters after that point.

  • The Global Economy  – U.S. site: This website is sponsored by the International Monetary Fund.  It is an instructional program for secondary students on the importance of understanding the dynamics of the global economy.  There are complete lessons that can be downloaded.

  • 10 Interactive Financial Websites That Teach Kids Money Management Skills

    Videos:

    • Seinfeld Economics – U.S. website: This site has over a hundred actual video clips from the TV show “Seinfeld” and other shows.  These clips make economic concepts come alive, making them more real for students.  Each clip is subtitled with the concept that is to be taught.  Some concepts that can be identified are:  incentives, wants, price ceiling, competition, opportunity cost, law of demand trade-off, diversification, scarcity