македонски

Economics

Junior Achievement Economics is a one-semester or full-year course in which students examine the economic system , explore business operations, study the emerging global economy and acquire knowledge and skills necessary to function as competent citizens, workers and consumers

  • Full-Year Program 32-36 weeks

  • Number of hours per week 2-3 hours

  • Target Age Group 6-12

Objectives

  • Describe basic economic problems and the nature of the free enterprise system

  • Describe the price system, illustrates how supply and demand interact to establish market prices and allocate resources and explores consumer-related issues

  • Examine the role of entrepreneurs and how businesses are organized and financed. Explore production, productivity, market structure, and market strategies

  • Examine the role of labor, governments and the federal reserve banking system in country

Content of the Program
  • Absolute and comparative advantage
  • Economic incentives
  • Economic institutions
  • Economic systems
  • Exchange rates
  • Government
  • GDP
  • Income distribution
  • Inflation and deflation
  • Labor
  • Markets/market structure
  • Monetary and fiscal policy
  • Money
  • Opportunity costs
  • Productivity
  • Savings/Investing
  • Scarcity, Supply and Demand
  • Trade
  • Unemployment

Methodology

A combination of traditional theory with practical hands-on activities supported by software programs and the presence of a volunteer business consultant. Activities include: discussions, games, video projection, creative activities, tests, questionnaires, team work, role plays.

 

Premises and Equipment Needed

  • Standard classroom.
  • Also see Training materials
  • Access to Video player, overhead projector, PC (Windows 95) & printer from time to time.

Educators and Other Human Resources Needed

  • Teachers of Economics, Civic Studies, Geography/History, and/or English

  • Volunteer Business Consultants (experienced businesspeople/ parents/ university graduates) trained by Junior Achievement International

Literature and Other Training Material

  • Student Textbook
  • Student Study Guide
  • Program Guide for Teachers and Consultants

  • Program (Company) Kit (Stock certificates, Officer Booklets, Financial Record, Stockholder Records, Sales Chart, Department Folders, Sales Record, Payroll Records, Product Labels, Name Cards, Corporate Charter, Guides for Teachers and Consultants)

  • Available Software Activities:

  • (Standard) Management and Economic (Focus: Microeconomics; production) Simulation Exercise (MESE)

  • (Optional) Banks in Action (Focus: Banking/Financial Institutions)
  • (Optional) MACROLAND (Focus: Macroeconomics; government)
© JA Macedonia, 2005.