This competency-based preservice home economics teacher education module on the relationship between national and consumer economics is the first in a set of seven modules on consumer education related to management. (This set is part of a larger series of sixty-seven modules on the Management Approach to Teaching Consumer and Homemaking Education [MATCHE]--see CE 019 901-967.) Following the module objective and overview, one unit of instruction is presented on national and consumer economics. The unit consists of two lessons: (1) basic principles on which the national economy functions, and (2) the ways in which the consumer and the national economy affect each other. Each lesson includes a narrative summary, suggested activities, and suggested resources (readings). A list of suggested module resources (books and periodicals) is also included. A module pre/posttest (with answer key) concludes the document. (Workshop proceedings relating to the development of these modules are available in the ERIC system as CE 019 896-899; also available is a module on utilizing FHA-HERO as an instructional strategy to expand and strengthen the home economics instructional programs [CE 019 900].) (JH)