Author: Nicholas Scarmozzino

Objective: Students will understand the distinction between investment and speculation, analyze the risks and rewards of each, and evaluate how these strategies influence individual and institutional decision-making.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (15 minutes):  4. Concept Application (20 minutes):  5. Wrap-Up and Reflection (10 minutes):  …

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Objective: Students will explore the concept of callable bonds, analyze the benefits and risks for both issuers and investors, and understand the strategic decisions surrounding their use.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (10 minutes):  4. Concept Application (20 minutes):  5. Wrap-Up and Reflection (10 minutes):  …

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Objective: Students will explore the concept of path dependency and how historical institutions, such as slavery, influence economic development and persist over time. They will analyze the challenges and opportunities in breaking away from entrenched systems.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (10 minutes):  4. Concept …

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Objective: Students will analyze how insurance markets function, explore the benefits and challenges of insurance, and evaluate how risk is managed in economic systems.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (15 minutes):  4. Concept Application (15 minutes):  5. Wrap-Up and Reflection (10 minutes):  6. Activity/Homework (15 …

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Objective: Students will evaluate the efficiency of government and private spending, analyzing the trade-offs, benefits, and inefficiencies associated with each. They will apply these concepts to real-world and fictional examples.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (10 minutes):  4. Concept Application (20 minutes):  5. Wrap-Up and …

Read more ““Government vs. Private Spending: Efficiency and Trade-Offs” “

Objective: Students will analyze the role of licensing and credentials in the economy, evaluating their benefits and costs for individuals, businesses, and society as a whole.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (10 minutes):  4. Concept Application (20 minutes):  5. Wrap-Up and Reflection (10 minutes):  6. …

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Objective: Students will understand the concept of creative destruction and analyze its effects on industries, careers, and economies. They will evaluate how chaos can present opportunities and challenges within evolving markets and organizational structures.  Materials Needed:  Lesson Steps:  1. Introduction (10 minutes):  2. Viewing Clip (5 minutes):  3. Group Discussion (15 minutes):  4. Concept Application (10 …

Read more ““Chaos is a Ladder: Creative Destruction in Economics””

Objective: Students will analyze the factors that contributed to the stagnation of economic growth in Westeros through the lens of the three key sources of growth: factors of production, technological effectiveness, and stable institutions. They will apply economic models (Solow Growth Model and Production Possibilities Model) to evaluate these factors and propose solutions.  Materials Needed:  Lesson …

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Theme: Exploring the benefits of free trade through economic insights from House of the Dragon and Game of Thrones. Learning Objectives Materials Needed Lesson Steps 1. Engage (5 minutes) 2. Show Video 1 and Have discussion Explore (15 minutes) 3. Show Second video and Have discussion Explore (15 minutes) 4. Optional

Learning Objectives: Materials Needed Lesson Steps 1. Engage (5 minutes) Show the Broken Window Fallacy – Prince Doran video 2. Explore (15 minutes) Discussion Questions (Post-Video): 3. Explain (10 minutes) Use the whiteboard or presentation to explain: 4. Elaborate (15 minutes) Activity: Group Discussions or Think-Pair-Share After students work together, ask some groups to share …

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