This activity includes a video explaining what "factors of production" are and how they contribute to costs of everything. In this example, Disney is described in terms of the items needed to operate the theme parks and business... and how these "factors" contribue to why Disney is SO EXPENSIVE!Activity includes watching a video and 3 discussions questions at the end. Lesson should take 1 hour to review with students. 

From the computer chips in our smart phones to the clothes we wear, many things we use everyday are the result of international trade. You may be surprised to discover you are dependent on many countries for your  favourite items.Students will learn about international trade and how closely it impacts every Canadian. Activities include basic language and concepts of trade including terms such as "import" and "export", the purpose and function of international trade, Canada's major imports and exports, thinking about trade benefits and potential ethical concerns regarding international trade. 

Economic cycles have risen and fallen over the past 100 years, in a somewhat predictable fashion behaving like a wave with periods of: peak, trough, recession, recovery. An economic expansion is a term sometimes used for the increasing growth period of the business cycle. The peak is when it is at its highest point. An economic contraction is a term sometimes used for the downturn (negative growth) of the business cycle. The trough is when it is at its lowest point. All of these points in an economic cycle have important impacts on financial decision making.Many individuals make emotional decisions based on where an economic cycle may be, instead of looking a rational evidence of where the economic cycle might be going. Attached with these handouts is a document titled "Reasons Why Investors Avoided The Stock Market" which shows many major negative events, followed by tremendous growth in the economy. If individuals understand these normal economic cycles, they can really benefit financially through investments and sound financial decision making. 

Module 33 MacroeconomicsAssignment Instructions: Answer the following questions regarding how macroeconomic principles can really impact how individuals make financial decisions.

If you find you have only a passing understanding of the daily barrage of economic news and you want to learn more, you're in the right place. Each month in Economy 101, we'll approach a different aspect of the economy in clear and simple language. Economics is about choices, and our choices are only as good as our understanding of the issues.

Most American students' exposure to the Korean Peninsula begins and ends with the teaching of the Korean War and division along the 38th parallel. The sources and activities here aim to take students beyond the Korean War to explore the divergent stories of North and South Korea and to analyze the causes and effects of each country's unique development. The activities introduce learners to the long-lasting economic and political effects of Korea's division by examining South Korea's rapid industrialization, North Korea's continuing struggle to ensure adequate food for its population, and the arguments for and against reunification of the Korean Peninsula. Working with a photo of a South Korean labor strike, graphs depicting the devastating effects of food shortages in North Korea, and a song calling for reunification, students will gain a better understanding of the peninsula's varied history as well as a greater appreciation for the lived experiences of North and South Koreans at home and abroad.

In this lesson you will learn about how the larger macroeconomic situation impacts every Canadian (market growth/decline, inflation, and domestic and global economic conditions (war, unemployment, labor, international trade). This lesson will explore questions such as: What are key indicators (types of markets, unemployment, inflation, and Gross Domestic Product (GDP)) identifying to a country’s economic performance and how do these affect financial decisions?