Relative advantage chart for High School Economics Course The purpose of this chart is to explain some difficulties

in studying Economics for High School students and what technology may be utilized to assist in learning some difficult concepts.

Expected Outcomes Students will receive the exact same instruction as those who were in class. Online tutorials found at Students will have They will then be able Students miss school and YouTube or Khan Academy. access to the actual to take notes from the miss a lecture or Recorded lecture using iPad classroom lecture as exact same presentation of material whiteboard app that can be it occured in class information. Students downloaded to internet. who were in class will also be able to review material as well on their own time. Through plotting points, students will better grasp the differences between the changes in quantity and the changes in overall Supply/Demand, when graphing data for different situations. Through plotting points, students will better grasp the concept of shifting Supply/Demand curves, when graphing data for different situations.

Learning Problem

Technology Solutions

Relative Advantage

Students struggle to know the difference between Online Graphing tools. changes in Quantity and Simulations located at Changes in EconEd Link. Supply/Demand

Students will be able to create and graph various data.

Students have difficulty knowing when to shift/change Supply/Demand curves and which way using various determinants of Supply/Demand

Online Graphing tools. Simulations located at EconEd Link.

Students will be able to create and graph various data.

When calculating GDP, students have difficulty differentiating between real and nominal GDP, the various ways to calcuate GDP, and what is included in the calculation of GDP.

Video Tutorials located at YouTube and Khan Academy. Online Course located at the Federal Reserve Board of St. Louis website titled "GDP Pizza".

Viewing tutorials will allow students the opportunity to see information presented in a different manner. An online course will give students an opportunity to work at their own pace and gain an understanding through various examples.

Through learning at their own pace, students will grasp concepts and be able to review material multiple times. Great alternative for Special Education students who may work a little slower.

Students lose interest on how Fiscal Policy (Government Spending and Taxing) is relative to themselves and their daily lives. They also struggle with how and when to use specific types of policy to manipulate the economy.

Federal Budget simulations from various online sources: EconEd Link, federalbudgetchallenge.org, Budget Hero, Budget Puzzle

Students will work to create a buget and try to balance it at the same time understanding basic Economic Concepts.

Students will understand the government budget process and how changes to teh budget affect the Economy.

Students lose interest on how Monetary Policy (Changes to the Money Supply) is relative to them and their daily lives. They struggle with how the Fed creates money and how and when to use specific types of policy to manipulate the economy.

Monetary Policy tutorials located at the various Federal Reserve District Bank websites. Simulation located at San Francisco Fed titled "The Fed Chairman Game". Online tutorials from YouTube and Khan Academy. Tutorial located at federalreserveeducation.org

Students will gain knowledge of policy by Students will view being able to different manipulate various presentations and tools of the Fed in an use Fed policy in a attempt to stabilize the simulation to stabilize ecnomy. Students will the economy. experience a difficult task and how monetary policy of the Fed works.

Students have trouble remembering and analyzing the three theories behind the causes of inflation (Quantity Theory, Cost Push, Demand Pull). They have a hard time determining the specific cause of inflation in those previously listed areas. Students also have difficulty understanding why inflation exists and why it is not a bad thing when controlled.

Online inflation calculators to compare today's prices with previous years' prices. Video tutorials located at YouTube and Khan Academy. Tutorial located at federalreserveeducation.org

Video tutorials give students an opportunity to review with different presentations. Using online calculators will allow students to manipulate prices to see how they have changed over time.

Students will better understand how inflation works and be able to give examples and explain its existence.

Students struggle to explain Comparative Advantage and apply the concept to why and how nations trade.

Online tutorial/course located at the St. Louis Federal Reserve Bank website titled "Comparative Advantage of Justice". Tutorial located at federalreserveeducation.org

Online courses give students an opportunity to work at their own pace and review material easier.

Students will be able to explain and give examples of how Comparative Advantage works.

Students have difficulties understanding various exchange rates and their significance. They struggle to differentiate between values and understand a strong U.S. dollar does not make you rich or wealthy in the country with a weak currency.

Online exchange rates calculator to convert currencies, especially U.S. currency. Exchange rate and trade balance simulation from biz/ed

Video tutorials give students an opportunity to review with different presentations. Using online calculators will allow students to manipulate currency to see how it compares to U.S. currency.

Students will better understand how currency exchange rates work and be able to explain why currency is not the same around the world.

Simulations allow students to experience real world Simulation where students Students struggle to see topics. Creating make decisions based on the similarities/differences charts through an the values each system has. among economic systems online source with Creating comparison charts and knowing what each collaboration allows to analyze similarities and system does. for students to edit differences. and add information for more complete charts.

Students will be able to add information to a collaborative document where other students can make corrections and suggestions. Through the simulation students will experience life in each economic system and be able to apply those systems to specific situations.