Ch 7: Government Issues in Microeconomics Lesson Plans

About This Chapter

The Government Issues in Microeconomics chapter of this course is designed to help you plan and teach the government's microeconomic influences in your classroom. The video lessons, quizzes and transcripts can easily be adapted to provide your lesson plans with engaging and dynamic educational content. Make planning your course easier by using our syllabus as a guide.

Weekly Syllabus

Below is a sample breakdown of the Government Issues in Microeconomics chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.

Day Topics Key Terms and Concepts Covered
Monday Trade barriers Mercantilism, protectionism, license, quotas and subsidies
Tuesday Taxes Regressive, progressive and proportional taxes; the U.S. Tax Code
Wednesday History and impact of U.S. anti-trust legislation Robber barons, Interstate Commerce Act of 1887, Sherman Antitrust Act of 1890 and Standard Oil
Thursday Economic regulation and deregulation Tragedy of the commons, social regulation and economic regulation
Friday The circular flow model Factors of production, prices, households, injections and leakages

5 Lessons in Chapter 7: Government Issues in Microeconomics Lesson Plans
Test your knowledge with a 30-question chapter practice test
Trade Barriers: Impacts on Prices & Demand

1. Trade Barriers: Impacts on Prices & Demand

All countries desire trade as a way of increasing their wealth, but very often they want it on their own terms. This lesson looks at the trade barriers that many countries establish, as well as the effects of such limitations.

Types of Taxes & the US Tax Code: Impact on Microeconomics

2. Types of Taxes & the US Tax Code: Impact on Microeconomics

I know what you're thinking - it's bad enough I have to pay taxes, now why would I want to sit through a lesson on them. However, understanding more about taxes may help you convince the government that you don't need so many of them...

Anti-Trust Legislation in the US: History & Impact on the Economy

3. Anti-Trust Legislation in the US: History & Impact on the Economy

For more than 100 years, a constant worry has been trying to figure out how big businesses should be allowed to grow. This lesson takes a look at a specific type of business, trusts, and trust busting.

Governmental Regulation & Deregulation of the Economy

4. Governmental Regulation & Deregulation of the Economy

Government regulations affect all aspects of the economy. However, some sectors are subject to specific regulations due to their importance. This lesson explores the purposes and methods of economic regulation and deregulation.

Circular Flow of Economic Activity: The Flow of Goods, Services & Resources

5. Circular Flow of Economic Activity: The Flow of Goods, Services & Resources

Learn about the simple model used to describe where money goes and what it is exchanged for in a market economy. The circular flow model of economic activity shows you the basic relationships between households, firms and the government.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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