ERIC Number: ED205445
Record Type: RIE
Publication Date: 1978
Understanding Economics. A Compendium of Instructional Units: Projects and Abstracts.
Powley, Sarah, Ed.
Instructional units in economics developed by classroom teachers for use in grades K-12 are presented. Units are organized in two major sections--Personal and Family Financial Planning and Consumer Economics. The first section contains five units. Topics are: (1) Comparison Shopping, grade 12; (2) Teenage Buying Habits, grade 11; (3) Career Education, grades seven and eight; (4) Understanding Taxes, grades nine and 10; and (5) Ownership of an Automobile, grade 10. For each unit, information is presented on a table of contents of topics covered, rationale, objectives, pre-and posttest questions, background, vocabulary, activities, and procedures. Students are involved in a wide variety of activities, including analyzing case studies and matching descriptive terms (grade 12); preparing marketing research projects and describing marketing research in their own words (grade 11); analyzing personal and family financial goals (grades seven and eight); clipping tax-related items from newspapers and discussing financial resources in class (grades nine and 10); and writing compositions about automobile care and ownership (grade 10). The second major section offers brief descriptions of approximately 30 consumer education units. Organized by grade level, the units focus on economic wants and needs and snowman production (kindergarten); productive resources and economic incentives (grade one); economic trade-offs and conservation of natural resources (grade two); specialization (grade three); scarcity and cost-benefit analysis (upper elementary); market price and opportunity costs (junior high school); and savings and investments (grade 12). For each unit, information is presented on subject area, ability level, time requirements, economic concepts stressed, objectives, procedures, and an abstract of the unit. (DB)
Publication Type: Guides - Classroom - Teacher
Education Level: N/A
Sponsor: Purdue Univ., Lafayette, IN.; Office of Education (DHEW), Washington, DC.
Authoring Institution: Triad Teacher Center, West Lafayette, IN.