Exploring Monopolies with Craster’s Keep

Learning Objectives Materials Needed Lesson Steps 1. Engage (5 minutes) 2. Explore (15 minutes) Discussion Questions (Post-Video): 3. Explain (10 minutes) Use the whiteboard or presentation to explain: Assessment Extension Opportunity:Have students research a real-world monopoly and compare it to Craster’s Keep. This can include industries like tech, healthcare, or utilities.

Understanding Opportunity Costs

Objectives: Materials: Procedures: Introduction (5 minutes): Instruction (30 minutes): Optional Discussion Questions Educator could Include in a Worksheet: Conclusion (10 minutes): Follow-Up Activity: Assign students to identify a significant decision they have made recently and describe the opportunity costs involved. Have them write a brief reflection or present their analysis in the next class.

Mixed Strategy Nash Equilibrium Using Game of Thrones

Objectives: Materials: Procedures: Introduction (5 minutes): Instruction (30 minutes): Conclusion (10 minutes): Follow-Up Activity: Assign students to find a real-world example where players use mixed strategies (e.g., business pricing strategies, sports tactics). Have them prepare a brief analysis of the strategies and potential equilibria to share in the next lesson.

Currency in Game of Thrones

Objectives: Materials: Procedures: Introduction (5 minutes): Instruction (30 minutes): Discussion Questions for Worksheet: Conclusion (10 minutes): Follow-Up Activity: Assign students to research a historical or modern-day alternative to traditional currency (e.g., cryptocurrency, shells, tobacco) and prepare a brief presentation on how it functions as money. Encourage them to compare its effectiveness to that of gold …

Understanding Bargaining

Objectives:  Materials:  Procedures:  Introduction (5 minutes):  Instruction (30 minutes):  Discussion Questions for Worksheet:  Conclusion (10 minutes):  Follow-Up Activity: 

Understanding Production Possibilities Frontier and Investments

Objectives:  Understand the concept of the production possibilities frontier and how it illustrates the trade-offs between producing different goods and services.  Understand the role of investments in increasing capital and expanding production possibilities.  Analyze the clip from Game of Thrones where Arya talks about reinvesting her profits and relate it to the concepts of capital …

Understanding Loans and Interest

Objectives:  Define loans and interest, and explain the basic concepts behind borrowing and lending money  Explain how loans are repaid with interest, and calculate the total amount of repayment for a given loan amount and interest rate  Analyze the risks and benefits of taking out loans, and identify different types of loans and their purposes  …

Understanding Supply and Demand

Objectives:  Understand the basic concepts of supply and demand.  Analyze how changes in supply and demand affect market outcomes.  Apply the concepts of supply and demand to real-world situations.  Materials:  Whiteboard and markers  Handout on supply and demand basics  Worksheet with practice problems  Game of Thrones clip (Season 1, Episode 4). Link here.  Procedures:  Introduction …

Understanding Sanctions

Objectives:  Understand the concept of sanctions and their purpose in international relations  Evaluate the effectiveness of sanctions in achieving political or economic objectives  Analyze the benefits and drawbacks of imposing sanctions  Apply the knowledge gained to real-life examples of sanctions, including the case of King’s Landing in Game of Thrones  Materials:  Handout on sanctions and …