When planning a SMART Board presentation, you can choose between creating your own or using one that's available from the SMART Exchange. Using a SMART Board to present a lesson about economics may help the rest of your class learn the concepts more clearly, since you can incorporate games, reviews and images into the presentation. There are many different aspects of the economy and economic systems to consider.
When the class you're taking is working on economics for the first time, look for lessons to help introduce or review basic concepts. Economic Activities is one that may make for a strong presentation, because it helps define and clarify the building blocks of economics. Another option is What is Economy, which uses images and definitions to introduce economics. There are also activities that can help bring classmates to the front where they can participate in the lesson, to help keep the audience involved. Create your own lesson by using images of local businesses and organizations to illustrate the definitions and concepts that you review.
When you introduce economics, it may be helpful to use other economies as case studies. You can create your own lesson about national economics and economies by using images and news stories from any country. The stories can be linked in your SMART presentation. If you would rather use a pre-made lesson from SMART Exchange, consider Southeast Asia: Economies and Governments or Greece: Economies. Both illustrate important factors in the economies of each geographic area.
Business activities help economics students understand what businesses need to do to be successful in an economy. One way to illustrate an important economic principle for businesses is to use the Supply and Demand lesson available from the SMART Exchange. As you show the lesson, explain and ask your classmates how either supply or demand is affected when an item is scarce or plentiful. You can also create your own lesson with slides. Name a type of business and ask the students to break into groups. Each group should come up with part of a plan for the business. One group might come up with a business plan that includes a bank loan proposal, while another creates a marketing plan and budget. Finally, use the lesson Economy and Unemployment Impact Hiring Processes to clarify how the state of the economy affects the choices an employer has to make.
Resources activities address the value and function of resources in an economy. You can introduce the concept of resources with the lesson What Are Economic Resources? which can help students learn how to classify different types of resources. One way to illustrate resources is to create a guessing game based on creating a product in which the students have to guess what the next slide in the show will be. If the first product is wood, the second might be boards and the third could be a home, for example. This could be a way to start a discussion of resource sharing between industries. To test your classmates on the basics of natural resources and economies, use the review based on the game Connect Four called Nat Resource/Economy.
- SMART Exchange: Economic Activities
- SMART Exchange: What is Economy?
- SMART Exchange: Supply and Demand
- SMART Exchange: Economy and Unemployment Impact Hiring Practices
- SMART Exchange: What Are Economic Resources?
- SMART Exchange: Nat Resource/Economy
- SMART Exchange: Southeast Asia -- Economies and Governments
- SMART Exchange: Greece -- Economy
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