Economic Systems and Global Trade
Advanced economic systems courses use data and case studies to examine the interplay between trade, economics, and society.
Description : This course explores economic systems and global trade through data‑driven projects and detailed case studies, enabling students to analyze how historical economic trends have influenced modern markets and international relations.
Category : SocialStudies
Age : 12+
Difficulty Level : Normal
Curriculum :
Module 1: Foundations of Economic Systems
Section 1: Basic Economic Concepts
- Lesson 1: What Is an Economy?
- Module 1, Section 1, Lesson 1 What Is an Economy?
- Lesson 2: The Role of Needs and Wants
- Module 1, Section 1, Lesson 2 The Role of Needs and Wants
Section 2: Scarcity and Choice
- Lesson 1: Understanding Scarcity
- Module 1, Section 2, Lesson 1 Understanding Scarcity
- Lesson 2: Making Choices in a Limited World
- Module 1, Section 2, Lesson 2 Making Choices in a Limited World
Section 3: Factors of Production
- Lesson 1: Land, Labor, and Capital
- Module 1, Section 3, Lesson 1 Land, Labor, and Capital
- Lesson 2: Entrepreneurship and Risk
- Module 1, Section 3, Lesson 2 Entrepreneurship and Risk
Section 4: Economic Decision-Making
- Lesson 1: How Decisions Shape Economies
- Module 1, Section 4, Lesson 1 How Decisions Shape Economies
- Lesson 2: The Impact of Personal Choices on Society
- Module 1, Section 4, Lesson 2 The Impact of Personal Choices on Society
Section 5: Opportunity Cost
- Lesson 1: Defining Opportunity Cost
- Module 1, Section 5, Lesson 1 Defining Opportunity Cost
- Lesson 2: Opportunity Cost in Everyday Situations
- Module 1, Section 5, Lesson 2 Opportunity Cost in Everyday Situations
Module 2: Global Trade Fundamentals
Section 1: Introduction to Trade
- Lesson 1: What Is Trade?
- Module 2, Section 1, Lesson 1 What Is Trade?
- Lesson 2: The History of Trade
- Module 2, Section 1, Lesson 2 The History of Trade
Section 2: Comparative Advantage
- Lesson 1: Understanding Comparative Advantage
- Module 2, Section 2, Lesson 1 Understanding Comparative Advantage
- Lesson 2: Comparative Advantage in Practice
- Module 2, Section 2, Lesson 2 Comparative Advantage in Practice
Section 3: Trade Routes and Networks
- Lesson 1: Classic Trade Routes
- Module 2, Section 3, Lesson 1 Classic Trade Routes
- Lesson 2: Modern Trade Networks
- Module 2, Section 3, Lesson 2 Modern Trade Networks
Section 4: Barriers to Trade
- Lesson 1: Tariffs and Quotas
- Module 2, Section 4, Lesson 1 Tariffs and Quotas
- Lesson 2: Non-Tariff Barriers and Regulations
- Module 2, Section 4, Lesson 2 Non-Tariff Barriers and Regulations
Section 5: Benefits and Costs of Trade
- Lesson 1: Economic Benefits of Trade
- Module 2, Section 5, Lesson 1 Economic Benefits of Trade
- Lesson 2: Social and Environmental Costs
- Module 2, Section 5, Lesson 2 Social and Environmental Costs
Module 3: Market Dynamics and Economic Systems
Section 1: Types of Economic Systems
- Lesson 1: Market Economies and Command Economies
- Module 3, Section 1, Lesson 1 Market Economies and Command Economies
- Lesson 2: Mixed Economies Explained
- Module 3, Section 1, Lesson 2 Mixed Economies Explained
Section 2: Price Mechanisms
- Lesson 1: Supply, Demand, and Price
- Module 3, Section 2, Lesson 1 Supply, Demand, and Price
- Lesson 2: How Prices Adjust in Markets
- Module 3, Section 2, Lesson 2 How Prices Adjust in Markets
Section 3: Role of Government in the Economy
- Lesson 1: Government Regulations and Policies
- Module 3, Section 3, Lesson 1 Government Regulations and Policies
- Lesson 2: Balancing Free Markets and Regulation
- Module 3, Section 3, Lesson 2 Balancing Free Markets and Regulation
Section 4: Economic Indicators
- Lesson 1: Understanding GDP and Inflation
- Module 3, Section 4, Lesson 1 Understanding GDP and Inflation
- Lesson 2: Unemployment and Other Key Indicators
- Module 3, Section 4, Lesson 2 Unemployment and Other Key Indicators
Section 5: Markets in Everyday Life
- Lesson 1: How Markets Affect Our Daily Choices
- Module 3, Section 5, Lesson 1 How Markets Affect Our Daily Choices
- Lesson 2: The Intersection of Culture and the Economy
- Module 3, Section 5, Lesson 2 The Intersection of Culture and the Economy
Module 4: Historical Developments and Case Studies
Section 1: Economic History Overview
- Lesson 1: Evolution of Economic Systems
- Module 4, Section 1, Lesson 1 Evolution of Economic Systems
- Lesson 2: Key Historical Economic Milestones
- Module 4, Section 1, Lesson 2 Key Historical Economic Milestones
Section 2: The Industrial Revolution
- Lesson 1: Causes and Consequences
- Module 4, Section 2, Lesson 1 Causes and Consequences
- Lesson 2: Impact on Global Trade
- Module 4, Section 2, Lesson 2 Impact on Global Trade
Section 3: The Great Depression and Recovery
- Lesson 1: Causes of the Great Depression
- Module 4, Section 3, Lesson 1 Causes of the Great Depression
- Lesson 2: Lessons Learned and Recovery Strategies
- Module 4, Section 3, Lesson 2 Lessons Learned and Recovery Strategies
Section 4: Post-War Economic Growth
- Lesson 1: Rebuilding Economies after Conflict
- Module 4, Section 4, Lesson 1 Rebuilding Economies after Conflict
- Lesson 2: The Rise of Global Trade Institutions
- Module 4, Section 4, Lesson 2 The Rise of Global Trade Institutions
Section 5: Case Studies in Economic Development
- Lesson 1: Emerging Economies: Success Stories
- Module 4, Section 5, Lesson 1 Emerging Economies: Success Stories
- Lesson 2: Challenges Faced by Developing Nations
- Module 4, Section 5, Lesson 2 Challenges Faced by Developing Nations
Module 5: Data-Driven Analysis and Modern Trends
Section 1: Introduction to Economic Data
- Lesson 1: Sources of Economic Data
- Module 5, Section 1, Lesson 1 Sources of Economic Data
- Lesson 2: How to Interpret Basic Data Sets
- Module 5, Section 1, Lesson 2 How to Interpret Basic Data Sets
Section 2: Visualizing Economic Trends
- Lesson 1: Creating Graphs and Charts
- Module 5, Section 2, Lesson 1 Creating Graphs and Charts
- Lesson 2: Interpreting Visual Data
- Module 5, Section 2, Lesson 2 Interpreting Visual Data
Section 3: Economic Projections and Forecasting
- Lesson 1: Basic Principles of Economic Forecasting
- Module 5, Section 3, Lesson 1 Basic Principles of Economic Forecasting
- Lesson 2: Analyzing Trends Over Time
- Module 5, Section 3, Lesson 2 Analyzing Trends Over Time
Section 4: Global Trade Today
- Lesson 1: Current Trends in International Trade
- Module 5, Section 4, Lesson 1 Current Trends in International Trade
- Lesson 2: The Impact of Technology on Trade
- Module 5, Section 4, Lesson 2 The Impact of Technology on Trade
Section 5: Summarizing and Looking Ahead
- Lesson 1: Review of Key Economic Concepts and Trends
- Module 5, Section 5, Lesson 1 Review of Key Economic Concepts and Trends
- Lesson 2: Preparing for Future Economic Changes
- Module 5, Section 5, Lesson 2 Preparing for Future Economic Changes