The Global Economy (Unit 4) Activity Pack

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Value of the Activity Set for an IBDP Economics Classroom
This collection of activities offers students engaging, hands-on experiences that bring economic concepts to life. By exploring topics such as international trade, currency exchange, economic integration, and global development, students gain practical insights into the complexities of the global economy. These activities foster critical thinking, debate, collaboration, and application of theoretical concepts to real-world scenarios, providing a dynamic and immersive learning environment.

List of Activities with Summation:

  1. Global Economic Indicators Analysis
    Students analyze global economic indicators such as GDP growth and inflation rates, visualizing trends and making connections between different economies(Activity - Global Econo…).
  2. Global Supply Chain Investigation
    Students trace the supply chain of a product and explore the economic, social, and environmental impacts at each stage(Activity - Global Suppl…).
  3. Global Trade Simulation
    Students participate in a simulation of international trade, experiencing the effects of tariffs, quotas, and trade agreements on global trade(Activity - Global Trade…).
  4. Globalization and Culture Discussion
    Students engage in a discussion about the cultural and economic impacts of globalization using case studies(Activity - Globalizatio…).
  5. International Aid Analysis
    Students evaluate the effectiveness of various international aid programs, debating whether aid helps or hinders development(Activity - Internationa…).
  6. Investment in Emerging Markets
    Students develop investment strategies for emerging markets by analyzing factors such as political stability, market conditions, and risks(Activity - Investment i…).
  7. Trade Barriers and Protectionism Role-Play
    Students role-play different stakeholders affected by trade barriers such as tariffs and quotas, negotiating solutions to the challenges posed by protectionist policies(Activity - Trade Barrie…).
  8. Country Profile Project
    Students research and create detailed profiles of countries, analyzing their economic structure, trade relationships, and development indicators(Activity - Country Prof…).
  9. Currency Exchange Activity
    Students convert currencies using real-world exchange rates and analyze the impact of exchange rate fluctuations on international trade(Activity - Currency Exc…).
  10. Economic Integration Debate
    Students participate in a structured debate on the benefits and drawbacks of economic integration, discussing global trade agreements such as NAFTA and the EU
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