"One who rides a tiger is afraid to dismount," says a colorful proverb from an earlier time. This may be an apt saying for the situation facing the new head of the Federal Reserve, Janet L. Yellen, who takes over at a time when successive rounds of Fed policy have taken the central bank into uncharted territory. By historical standards,…

The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…

The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…

This lesson guide is designed to help U.S. history teachers and students in grades 8-11 examine historic events through basic economic reasoning. It lends itself to instruction grounded in inquiry learning, direct instruction, and cooperative learning. It calls for students to be engaged in case studies, simulation exercises, and group work, as…

This lesson guide is designed to help U.S. history teachers and students in grades 8-11 examine historic events through basic economic reasoning. It lends itself to instruction grounded in inquiry learning, direct instruction, and cooperative learning. It calls for students to be engaged in case studies, simulation exercises, and group work, as…

The "Focus" series, part of the National Council on Economic Education's (NCEE) EconomicsAmerica program, uses economics to enhance learning in subjects such as history, geography, civics, and personal finance, as well as economics. Activities are interactive, reflecting the belief that students learn best through active, highly personalized…

Describes two books of curriculum materials published by the National Council on Economic Education regarding the Central and East European transition economies: (1) "Economies in Transition: Command to Market" (1997); and (2) "From Plan to Market: Teaching Ideas for Social Studies, Economics, and Business Classes" (1997). (DSK)

Explores the changes in the U.S. economy explaining that it became an engine of growth for the entire world economy. Describes the transformation in economic thought during the 20th century and relates these changes to issues of interest to social studies educators. Concludes with a discussion on 21st century thought. (CMK)

This packet of lessons focuses on the transition from a legacy of central planning to a market orientation in the economic systems of Central and Eastern Europe, the newly independent states of the former Soviet Union, and China. These lessons seek to provide high school teachers with a well-informed approach to teaching about this transition. The…

This resource book is intended for a one-semester model course for high school economics for eleventh- and twelfth-grade students. The seven units in the book are linked to content ordinarily found in microeconomic and macroeconomic courses. Each unit contains 5 to 11 lessons, an author's note to the teacher, an author's letter to the students,…

This student activities book is intended for a model one-semester course for high school economics for eleventh- and twelfth-grade students. The seven units in the book are linked to content ordinarily found in microeconomic and macroeconomic courses. Each unit contains 5 to 11 lessons, an author's note to the students and classroom instructional…

Provides an overview, guidelines, and specific suggestions for introducing economic thinking to elementary school children. Utilizes examples from US history (buffalo hunting, cattle farming) to illustrate economic concepts. Includes an appendix that frames economic concepts as mysteries with clues (and answers) provided. (MJP)

This book helps middle school and high school students address environmental issues in an intelligent and productive manner. The lessons introduce economic reasoning and show students how to apply it to environmental problems. The 18 lessons are divided into four units addressing: the environment and the economy; incentives; use of market forces…