ALEX Classroom Resource

  

People's Pie

  Classroom Resource Information  

Title:

People's Pie

URL:

https://www.icivics.org/node/33765/resource?referer=curriculum/play/all&page_title=Curriculum%20All%20Games

Content Source:

Other
iCivics
Type: Interactive/Game

Overview:

In this interactive game from iCivics, students will learn to control the budget of the federal government. They will choose how federal revenues should be raised and how taxpayers’ money should be spent. They must also decide how to fund programs that are important to them, without setting taxes too high or borrowing too much money. This game can be played when teaching a lesson on the economy for reinforcement or after as an assessment.

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Content Standard(s):
Social Studies
SS2010 (2010)
Grade: 12
Economics
9 ) Describe methods used to measure overall economic activity, including the Gross Domestic Product (GDP), the Consumer Price Index (CPI), inflation, and unemployment.

•  Explaining how overall levels of income, employment, and prices are determined by spending decisions of households, businesses, and government; net exports in the short run; and production decisions of firms and technology in the long run
•  Identifying structural, cyclical, and frictional unemployment
•  Describing stages of the business cycle and how employment and inflation change during those stages
Insight Unpacked Content
Strand: Economics, Civics and Government
Course Title: Economics
Evidence Of Student Attainment:
Students:
  • Determine the portion of the business cycle represented by certain economic indicators.
  • Identify examples of each type of unemployment.
  • Calculate the unemployment rate.
  • Calculate inflation using the CPI.
Teacher Vocabulary:
  • GDP
  • CPI
  • cost-push inflation
  • demand-pull inflation
  • hyperinflation
  • unemployment rate
  • Bureau of Labor Statistics
  • cyclical unemployment
  • frictional unemployment
  • structural unemployment
  • full employment
  • recession
  • expansion
  • peak
  • trough
Knowledge:
Students know:
  • The basic economic indicators: GDP, CPI and unemployment.
  • The parts of the business cycle.
  • The characteristics of each part of the business cycle.
  • The different types of inflation.
  • The different types of unemployment.
  • The types of unemployment included in full employment.
Skills:
Students are able to:
  • Determine the portion of the business cycle represented by certain economic indicators.
  • Identify examples of each type of unemployment.
  • Calculate the unemployment rate.
  • Calculate the inflation rate using the CPI.
Understanding:
Students understand that:
  • Each of the basic economic indicators change for specific reasons.
  • There are specific causes of the different types of inflation.
  • There are causes of each type of unemployment.
  • There are specific reasons that economic activity changes over time.

Alabama Alternate Achievement Standards
AAS Standard:
SS.E.AAS.12.9- Identify ways the economy is measured and activities associated with a strong economy.
SS.E.AAS.12.9a - Calculate the unemployment rate.


Social Studies
SS2010 (2010)
Grade: 12
Economics
11 ) Explain how the government uses fiscal policy to promote the economic goals of price stability, full employment, and economic growth.

•  Defining fiscal policy and the use of taxation and government purchases
•  Comparing government deficits and the national debt
Insight Unpacked Content
Strand: Economics, Civics and Government
Course Title: Economics
Evidence Of Student Attainment:
Students:
  • Determine the specific economic impact of changes in the government spending.
  • Determine the specific economic impact of changes in the tax rate.
  • Determine the appropriate fiscal policy to promote employment.
  • Determine the appropriate fiscal policy to combat inflation.
Teacher Vocabulary:
  • fiscal policy
  • Keynesian
  • deficit
  • crowding out effect
  • surplus
  • debt
  • expansionary policy
  • contractionary policy
  • multiplier effect
  • automatic stabilizers
Knowledge:
Students know:
  • The role of Congress and the President in promoting economic stability through the use of discretionary fiscal policy.
  • Government spending and taxes act automatically to help stabilize the economy.
  • The two fiscal policy tools: government spending and taxes.
Skills:
Students are able to:
  • Determine the specific economic impact of changes in government spending.
  • Determine the specific economic impact of changes in the tax rate.
  • Determine the appropriate fiscal policy to promote employment.
  • Determine the appropriate fiscal policy to combat inflation.
Understanding:
Students understand that:
  • Taxes and government spending impact the overall economy, both through discretionary fiscal policy and automatic stabilizers.
  • Fiscal policy tools are used to promote employment and economic growth.
  • Fiscal policy tools are used to combat inflation.

Alabama Alternate Achievement Standards
AAS Standard:
SS.E.AAS.12.11- Understand the concepts of price stability, full employment, and economic growth.


Tags: budget, economy, federal revenues
License Type: Custom Permission Type
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For full descriptions of license types and a guide to usage, visit :
https://creativecommons.org/licenses
AccessibilityAudio resources: includes a transcript or subtitles
Graphics: includes alt tags or long descriptions
Video resources: includes closed captioning or subtitles
Comments

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  This resource provided by:  
Author: Ginger Boyd