In this economic systems learning exercise, students read and follow the provided 5 tips to locate, analyze, and discuss macroeconomics current event issues. 

Students examine the dual roles of producers and consumers in people by creating fictional stories that include examples of both. Their stories include descriptions of the tools and skills needed for the jobs of their characters and...

Learners explain the basic functions of the various economic systems. As a class, they identify the main characteristics of capitalism and the advantages of division of labor and specialization. They describe the relationship between...

Students conduct simple bartering and trading activities and consider how product value can be altered by the market.

Students have the opportunity to participate in the three basic economic systems, (market, command, and tradition).