View Lesson Plan Details
How Real Estate Affects the US Economy
| Overview: | This lesson can take between 2-3 weeks at a traditional high school. I am currently at a non-traditional high school the students have this lesson twice a week so it may take a little longer but can be done if students do more homework and outside research. The first part of this lesson deals with vocabulary. You can start with the current real estate market and move backwards or start with history and move forward. Essentially this lesson aims at teaching students how recession, depression and its causes. Things like over indulgence and corruption and how government intervention may help or hinder the progress. Students will be able to look at how important Real Estate is the U.S. Economy. Students will need to present their findings in power point form to another class, civic group, community group etc. |
| Subject Area: | Economics, |
| Grade Levels: | 9, 10, 11, 12 |
| Time: | One week |
| Teacher Contact Info: | McWhorterHasan, hmmcwhorter@yahoo.com, 916-223-9840 |
| Foundation Academic Standards: | NA |
| CTE Pathway Standards: | Finance and Business Industry Sector 1. 1.3 History-Social Science (10.3.3) Describe the growth of population, rural to urban migration, and growth of cities associated with Industrial Revolution. (10.3.5) Understand the connections among natural resources, entrepreneurship, labor, and capital in an industrial economy. (12.1.3) Identify the difference between monetary and nonmonetary incentives and how changes in incentives cause changes in behavior. (12.1.4) Evaluate the role of private property as an incentive in conserving and improving scarce resources, including renewable and nonrenewable natural resources. (12.1.5) Analyze the role of market economy in establishing and preserving political and personal liberty (e.g. through the works of Adam Smith) |
| View Lesson Plan | 10-33 McWhorter.doc |
| View Student Evaluations | Hasan.xls |
