Embedded Files
Content
Inquiry
How are resources allocated?
What is capitalism?
What is a market economy?
What is the best way to deliver services provided by utilities: through a public or private (but regulated) monopoly?
Learning Activities
UC Irvine Lessons:
Consumer Credit, Lesson: “What is consumer credit and how does it work?”
Water Use, Lesson: “Should California’s agricultural interests have priority over California’s limited water supply?”
Content: Discuss the effects of changes in supply and/or demand on the relative scarcity, price, and quantity of particular products (12.2.2). . Analyze how domestic and international competition in a market economy affects goods and services produced and the quality, quantity, and price of those products (12.2.7).
Description: Students study “sustainable economics,” an economic system with a focus of sustaining ecosystem goods and services over a long period of time.
Lessons:
Economic Forces
The Global Fish Market
The Effects of Market Forces on Natural Systems
One Ocean, Many Mouths
Regulating the Market
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