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 …
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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 …
Understanding Public Goods
Objectives: Students will understand the concept of public goods and market failures. Students will analyze the Night’s Watch in Game of Thrones as an example of a public good. Students will apply the concept of market failures to the Night’s Watch and discuss potential solutions. Materials: Whiteboard and markers Handout with definitions of public goods …