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The Trading Game
Source: Council for Economic Education (EconEdLink) | Type: Lesson
In this lesson, students will learn about the gains from trade. Students will participate in a trading game that will demonstrate that trade can make everyone better off.
Grades:
Concepts:
- Exchange
- Exports
- Gains from Trade
- Imports
- Trade
Standards:
- Economics 5: Gain from Trade
- Economics 6: Specialization and Trade
Related Resources:
Reviews
Good lesson. I have used it with candy instead, but I suppose you need to be real careful with that because of such an increase in allergies.
This is a good lesson. I have been using this for more than
a year for a different topics and subjects. Thank you so much.
The link to the USA Today article does work -
http://content.usatoday.com/communities/theoval/post/2010/07/obamas-day-trade-and-exports/1
- but the link inside the article itself to the plan to
increase exports is no longer available -
http://news.yahoo.com/s/nm/20100707/ts_nm/us_usa_obama_trade_2.
EconEdLink: Unfortunately because the article is part of Yahoo! we can not fix the link, but here is a different article explaining how Obama promises to double export growth by 2015.
http://www.nytimes.com/2010/01/29/business/29trade.html
Good lesson. I have used it with candy instead, but I suppose you need to be real careful with that because of such an increase in allergies.
Great hands- on lesson September 14, 2010