This lesson supports the Inflation, Unemployment, and Stabilization Policies section of the Advanced Placement Macroeconomics course. It introduces government budget deficits and the national debt and analyzes the long-run effects of budget deficits on the economy. This lesson appears as Lesson 3, Unit 5: Inflation, Unemployment, and Stabilization Policies in CEE's [EEL-link id='5227' title='Advanced Placement Macroeconomics (4th Edition).' ]
Where does each party stand when it comes to fiscal management? In this lesson, students will analyze each major political party's platform to better understand their approaches to the federal budget and national debt. Students will be challenged to apply this understanding by playing the [EEL-link id='5114' title='Fiscal Ship' ] game in the role of one of the major party platforms. The Fiscal Ship game was created by the Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution and the Serious Games initiative at the Woodrow Wilson Center.
What are the tradeoffs that policymakers face when steering the federal budget? To answer this question, students will grapple with the complexity of federal budget choices as they play The Fiscal Ship, a game created by the [EEL-link id='5124' title='Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution' ] and the Serious Games Initiative at the [EEL-link id='5131' title='Woodrow Wilson Center.' ]
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The teacher guide accompanies the student activities books in macro- and microeconomics for teaching college-level economics in AP Economics courses. The publication contains course outlines, unit plans, teaching instructions, and answers to the student activities and sample tests.
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This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.
45 out of 45 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
40 out of 40 lessons from this publication relate to this EconEdLink lesson.