ALEX | Alabama Learning Exchange

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

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

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
See Terms: https://www.icivics.org/terms-use
For full descriptions of license types and a guide to usage, visit :
https://creativecommons.org/licenses

Accessibility

Audio resources: includes a transcript or subtitles
Graphics: includes alt tags or long descriptions
Video resources: includes closed captioning or subtitles

Comments

iCivics is a free resource for teachers. Teachers can register for an account to access additional resources. They can create a class to assign resources to students.

This resource provided by:

Author:

Ginger Boyd

ALEX Classroom Resource

People's Pie