Economic Dilemmas and Solutions

Video Summary: How can an exam review bring economic concepts to life? Steve Page's 12th-grade economics class reviews for an exam by discussing real-life social dilemmas and their effect on the economy, and by developing viable economic solutions to those dilemmas.

The class is divided into small groups, and Mr. Page assigns each group a dilemma, such as recreational drug use, human cloning, and sanitary conditions for raising poultry. Students research and analyze the economic and social impacts of the dilemmas, and propose economically feasible solutions. Students then do additional research, make posters, and develop skits to present their solutions. At the end of each presentation (which must include at least 20 economic review terms, such as money supply, economic growth, and government revenue), Mr. Page and the other students ask the group questions.