What is My Economic IQ? Introduction for High School Economics

What is My Economic IQ? Introduction for High School Economics
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166 KB|5 pages
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"What is my Economic IQ?" is a tool for the first day or week of a high school Economics course. It is a series of questions that can lead to at least one or two days of class discussion, introducing many of the main topics of an Economics course. The activity covers inflation, unemployment, interest rates, stocks and bonds, the Federal Reserve, national debt vs. budget deficit, opportunity cost, micro/macro issues, and more.
I created a public Kahoot (smartphone quiz) to use with this which is free on GetKahoot.com called "What is My Economic IQ?". It's not necessary, but you are free to use it.
There is an additional section asking students to categorize decisions on car-buying, getting a job, or football tickets by "micro" and "macro," to introduce the subject of micro economics vs. macro economics.
The last section lists suggestions on economic policies and asks students if the suggestion would come from the "right" or "left" on the political spectrum. I have found that economic issues are so intertwined with politics that students must have a basic understanding of what is "right" and what is "left" to understand any current political debate on economic issues.
The Answer Key is included, updated to August 2016. Suggestions for websites to find current statistics like inflation, unemployment, GDP and national debt are included.
Total Pages
5 pages
Answer Key
Included
Teaching Duration
2 days
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