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Lesson Plan: Economics - A Survey of Economic Systems

A 50-minute economics lesson for grades 11–12 comparing command, mixed and market economies and debating government intervention.

Title: "A Survey of Economic Systems"

Designed for Grades: 11-12

Estimated Time: 50 minutes

National Standards: Complies with NBEA Economics 2023 Standard II.1: Explain why societies develop economic systems, identify the basic features of different economic systems, and analyze the U.S. economic system’s major features

Objectives:

II.1.15. Analyze how wages and prices are determined in command or centrally planned and market economies

II.1.16. Critique command, mixed, and market economies based on the U.S. economic goals of freedom, efficiency, equity, security, employment, stability, and growth

II.1.17. Debate the advantages and disadvantages and identify the winners and losers from different government intervention examples in the economy.

Materials:

● White Board or Smart Board

● Worksheets (3)

● Student laptops with internet connections


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Published

Resource #498