John Williamson-Page
Introduction
Standards 
Objectives
Activities
Assessment 
Results
Resources
Introduction
In this simulation, students examine three economic concepts in one project: types of taxes (progressive, regressive and proportional), government spending and opportunity cost. Each student will formulate a financial policy for a fictional country, including a tax plan, a national budget and a written rationale defending the policy. 
Subject: Economics
Topic: Taxation and Federal Budgets
Grade Level: 12th
Student Lesson name and URL: Tax and Spend Simulation: http://ctap295.ctaponline.org/~misterwp/student

Standards Addressed

12th Grade Economics:
12.1 Students understand common economic terms and concepts and economic reasoning.                                             

     1. examine the causal relationship between scarcity and the need for choices.

     2. Explain opportunity cost and marginal benefit and marginal cost.

 

12.3 Students analyze the influence of the Federal Government on the American Economy.

     3.  Describe the aims of government fiscal policies (taxation, borrowing, spending) and their influences on production, employment, and price levels.


 

Instructional Objectives
By the completion of this activity the student will:

create a national budget for a fictional country, making decisions about appropriate levels of funding for various programs such as military, education, etc.

create a pie chart of the national budget.

define progressive, regressive and proportional tax.

create a graph for his/her tax policy and identify it as progressive, regressive or proportional.

write a rationale which defends the budget and tax policy for the country, and addresses the opportunity costs of these policies.

 

 

Student Activities
Insert brief summaries of your introductory, enabling, and culminating activities. Insert links to online resources in your text and insert links to activities on your student lesson web site.
Introductory Activity
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Insert your grading rubric for the culminating activity or a link to your rubric or test document file.

Results
After implementing your lesson (sometime between January & March), insert a chart of your pre-test, post-test, and culminating assessment data. Web Resources & Supplementary Materials

Introductory Activity
List and link the web resources for this activity here. Also link supplementary materials such as PDF files and /or document files.

Enabling Activity
List and link the web resources for your learning activity(ies) here. Also link supplementary materials such as PDF files and /or document files.

Culminating Activity
List and link the web resources for your culminating activity here. Also link supplementary materials such as PDF files and /or document files.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 

Everett Alvarez High School
1900 Independence Blvd.

Salinas, CA 93906
John Williamson-Page:  MrJohnWP@aol.com
Last Revised: 08/10/00