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The Economics Classroom: The Government's Hand

58 minutes 24 seconds

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Woman in glasses holds palms together and purses lips as she speaks. She stands next to a cluttered desk. Caption. We've spent a lot of time looking at government.

Third in an eight-part series of professional development workshops designed to give high school teachers ideas about how to present economics in a way that will excite, inform, and entice students. Explores the intervention of the government in the free market. Teachers use classroom simulations to demonstrate property rights, incentives and public policy, and price floors and price ceilings. Hosted by Timothy Taylor.

Media Details

Runtime: 58 minutes 24 seconds

Topic: Business, Education
Subtopic: Economics, Teacher Training
Grade/Interest Level: PT/TT
Standards:

Release Year: 2002
Producer/Distributor: Annenberg/CPB Project
Series: The Economics Classroom
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4 young women sit at school desks and look at papers. Woman in a blazer faces away from camera and gestures toward them. Caption. Please follow a pattern in your reporting instructions.

Woman in glasses and apron turns to the side as she speaks. Teenage girl with a confused expression looks on in background. Caption. So how much do you wanna charge for these cookies?

Woman in glasses holds palms together and purses lips as she speaks. She stands next to a cluttered desk. Caption. We've spent a lot of time looking at government.

Woman faces to the side as she parts her lips to speak. 2 young men sit at desks beneath a world map in the background. Caption. Into an account that receives compound interest.

Young woman looks to the side and speaks. Caption. More customs revenue because the tariffs will be so high.

Young man in glasses sits at a desk with an open book and a calculator. He furrows his brow and parts lips as he speaks. Voiceover Caption. Every student, every citizen needs to understand about G, D, P.

Teenage boy points to a flowchart on a poster that rests in front of a chalkboard. Caption. How the Federal Reserve system sells bonds.

Man in a collared shirt faces away from camera as he writes on a whiteboard. Caption. What does I, P, O stand for?