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Domestic Downturns and Global Woes
In this NYT lesson, students learn about the January, 2008, Federal Reserve emergency interest rate cut in the face of growing domestic economic trouble and global stock market instability. They then investigate some of the key terms and players involved to further contextualize the relationship between the United States and global markets (2008).
Global Peace Index
The index measures the state of peace using three thematic domains: the level of Societal Safety and Security; the extent of Ongoing Domestic and International Conflict; and the degree of Militarisation (USA 2018).
The Palestinian Center for Policy and Survey Research
The independent Palestinian research organisation and think tank promotes objectives and nonpartisan analysis to encourage a better understanding of the Palestinian domestic and international environment (2018).
Trade (% of GDP)
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product (World Bank 2020).
U.S. Bureau of Economic Analysis
The U.S. government agency provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United States (2019).
Global Terrorism Database
The GTD includes systematic data on domestic as well as transnational and international terrorist incidents between 2007 and 2017 (USA: University of Maryland 2019)
Good Calculators
This website is dedicated to providing a reliable collection of freely available calculators ʺfor domestic and commercial use.ʺ The majority of these calculators have been developed by the team behind this website, who describe themselves as ʺfervent IT professionals.ʺ Visitors can browse these calculators by category, which include engineering calculators, statistics and ...
Nowhere to Go but Up? Analyzing Economic Measures in a Downturn
How do we know when the economy is in a recession? How do key economic indicators perform in a downturn? In this New York Times lesson, students create graphs of various economic measurements, using quantitative and qualitative reasoning skills to compare, contrast and correlate the performance of measures like gross domestic product, unemployment and personal ...
Balance of Payments
International trade allows countries to buy and sell both domestic and foreign goods, as well as services and financial assets. A country’s transactions are summarized in a set of accounts called the ”Balance of Payments (BOP).” Students will learn how to record transactions in the BOP accounts, and why the sum of the current account and capital account must equal zero ...
Economic Principles: How the Economic Machine Works
This site established by Ray Dalio attempts to educate readers about the nature of domestic and global economies. The flagship media piece on the site is a 30-minute explication of how Dalio understands the economy, using a simple machine metaphor to explain the basic driving forces of the economy, to analyze what leads to ups and downs in the economy, and to define such basic ...