Economic Liberal Ideas

Who doesn't want to own beach-front property?
Yet why do some people get to have this luxury, other people get to pretend it's their own (going on vacation) and still others never even get to see the ocean?
 
This is the issue of economics - how to you allocate resources?  Who gets what?

This unit will look at the evolution of liberal economics during the Enlightenment, and will also look at the rejection of economic liberalism (socialism).  With this information you will be better able to decide for yourself what system is the best for allocating scarce resources.
Unit Overview​

Evolution of Economics Sheet

Economics Case Study Examples
Economics Case Study Worksheet​
Key terms worksheet
Great videos explaining economic principles (in addition to the class videos)
Potential Assignments
- Solving a Recession

​- Reviewing how to approach multiple choice questions
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​- Capitalism Source Analysis Assignment
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- Debating Private Education
You may want to use these "fill in the blank" notes to help you when watching the videos

Lesson One - Introduction to Economics

Lesson Two - Introduction to Capitalism (Classical Liberalism)

Lesson Three - The Downside to Capitalism

Video Link

Checking for Understanding GoogleDoc
Top 10 Notes
Some other resources

Lesson Four - the Benefits of Communism (the rejection of liberalism)

Lesson Five - The Downside to Communism

Other resources
Old Social Studies Readings. Intro to Economics, Marxism, End of Communism
Mr. Korczyk's Class: Economics Review Part 1

Tentative schedule fall 2022 ​ - Please see Daily Agenda link for what we actually did each day