Help your students build their comprehension of the federal budget with this engaging and multi-faceted activity!
This activity includes:
1) This "Federal Budget" Activity includes 4 parts. It begins with a colorful graphic organizer that asks students to define basic terminology associated with the federal budget. Next, students are asked to explain budget conditions, such as surplus, deficit, and balance. Students are also asked to explain cyclical and structural surplus and deficit, and the uncontrollable parts of the federal budget. Next, students will be asked to use their knowledge and a collection of data provided to calculate the budget condition of 3 separate countries. Finally, students will use data and graphs provided to analyze how the use of fiscal policy will affect economic conditions, and well as budgetary conditions in an aggregate economy. These questions require students to critically think about the impact fiscal policy has on economic indicators, as well as government revenue and expenditures.
This activity can be used in many different ways in the classroom. Students can work independently, in pairs, or this activity can be used as a jigsaw in order to facilitate a class-wide discussion about the topics discussed in the activity.
2) A detailed answer key to the lesson activity to save you time and help guide student comprehension.
This activity can also be found in a bundle paired with a PowerPoint, Keynote and PDF version of a fully customizable lecture found here:
If you like this activity, check out our Unit Activity Bundle that includes activities for all of the objectives in this unit.
Fiscal Policy Unit Activity Bundle
Best of all, this activity aligns to our "Unit 3.4 - The Federal Budget" video lecture, which can be found here:
Unit 3.4 - The Federal Budget
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