Monday, November 26, 2012

Economic Theories

When I am teaching Economic Theories I use this as an opening. I hand out these Word Clouds to each group of students. I have them figure out the following questions. What is the theory about? What should the theory be called? Do you agree with the theory why or why not? This is a great way to get them thinking. Then, I have them discuss with the other groups and compare and contrast the theories. The links below are for the Word Clouds that I use.
Adam Smith Theory

Supply Side Theory

Fiscal Policy

Jean Baptiste Say

Keynesian Economics

Karl Marx

Monetary Policy

Supply Side Economics



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