Everyone agrees that this is a time for deep political thought, for people to react and take action. People ARE actually voting! Changes can be made! We have all become oh too aware, that – for example – the decisions of some country folk in a different land (the main people responsible for Trump being in power) can […]
Brexit is an oncoming reality. Have you thought more as a Spanish person, or more on what that would mean to the British person? There are quite a few Spanish people working and living there, or vice-versa, British living in Spain. What does this all mean to them?
Many comments I’ve heard have to do with “whose fault it was”… […]
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Is there much of a difference between generations of people you know? When I first came to Spain, I was impressed about the general skills that most anybody had concerning math, culture, language. It seemed to be like a very sound and broad education. I’m not quite sure I still think the same. Read on and […]
The world of foreign currency often seems confusing. Euro, rubles, yen and krona are terms difficult enough to comprehend on their own without adding the task of trying to figure out what each is worth in terms of United States dollars.
All of these currencies are money, so all serve the same functions. Money is a medium of exchange, a […]
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The vocabulary and thought with this video allows you to explore new conversations or pathways, using the same constructions that you would with your normal conversations and economic material.
Go ahead and see how much you understand without reading the transcript.
Remember, try answering the questions that you yourself make (who, what, where, when, why, […]
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Suggested homework… send us your thoughts and descriptions on the following…
This resource is directly from the Foundation for Teaching Economics. I believe that it is excellent food for thought, and a good way to initiate explicatory conversation. Note that the spelling is American English.
The Foundation for Teaching Economics’ Economic Reasoning Propositions are a guide to the economic […]
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A lovely description of the famed Paradox of Value, Adam Smith. The author, Akshita Agarwal does a great job of simplifying matters and including important vocabulary.
Can you send me your own definitions or examples of:
Concept of utility
How would you describe, for example, the paradox through a modern-day situation to a child?
00:06 Imagine you’re on a […]