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Unit 3
1. Draw a price mechanism model showing the effects of a local government imposing tariffs on the market for leather products.
2. Explain one positive and negative impact the imposition of import tariffs may have on a domestic economy.
Here's one that'll be a great lesson-starter for those looking at international economics and globalisation. Pick-5 is daily game challenging players to pick the 5 countries that export the most.... you get the idea. Like many games these days it changes every day so there's always something fresh for each lesson. I just correctly guessed the #1 exporter of Ground Nut Oil, 2 more in the Top 10, but wiffed on the rest. Fun times.
APC is another website experienced teachers will have boomarked. Their research is often invaluable in providiing stimulus for exams or background deep-dives for students working on research reports. For those dipping into income inequality, this one explores economic mobility – how inequality changes over time – by looking at whose incomes are increasing, and whose are not. It examines income changes over a person’s lifetime, and how incomes change from one generation to the next. It also explores the characteristics of people experiencing poverty.
There are many advantages for teachers who are members.
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