Global Economics & International Trade Simulation | 2-Week Interactive Unit
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Quick overview
The **Global Economics & International Trade Simulation Unit** is a ready-to-teach **High School Economics resource** designed to make international trade and global economic policy more interactive and understandable.
Students explore **comparative advantage, opportunity cost, specialization, free trade, tariffs, trade barriers, terms of trade, currency exchange rates, and trade wars** through a structured economic simulation.
The content reflects core high-school economics expectations for **international trade, comparative advantage, trade barriers, and exchange rates**, including concepts emphasized in the AP Macroeconomics open-economy framework.
Product description
Transform your high school economics classroom into a dynamic global marketplace with this Global Economics & International Trade 2-Week Simulation Unit! This comprehensive, low-prep resource allows students to experience the realities of international trade, comparative advantage, and macroeconomic policy firsthand.
Instead of just reading about trade barriers and currency exchange, your students will act as economic ministers for 8 unique countries. They will negotiate trade deals, calculate opportunity costs, respond to tariff shocks, and navigate currency fluctuations.
📦 WHAT’S INCLUDED IN THIS 2-WEEK UNIT:
📖 10 Detailed Lesson Plans (90-minute blocks)
Step-by-step instructions for facilitating the simulation. Covers: Resource Endowments, Comparative Advantage, Free Trade, Tariffs, Currency/Exchange Rates, and Trade Wars. Includes daily warm-ups, direct instruction outlines, simulation activities, and closures. 🌍 8 Country Resource Allocation Cards
Diverse country profiles (Agraria, Industria, Balancia, Horticultia, Mechanica, Islandia, Techton, Fertilia). Pre-calculated production capabilities and opportunity costs to ensure mathematically accurate trade dynamics. 🤝 Trade Negotiation Protocol
Structured 3-phase guide (Preparation, Negotiation, Contract/Verification) to keep the simulation organized and academically rigorous. 🛑 Tariff & Trade War Scenario Cards
6 realistic scenario cards (Industrial Shield, Food Security, Anti-Dumping, Retaliation, Global Protectionism) to introduce macroeconomic shocks. 📝 Student Handouts & Logbooks
Production Planning Sheet (calculating worker allocation). Trade Log (tracking imports, exports, and tariff payments). Currency Conversion Sheet (calculating exchange rates using a Global Reserve Unit). 📰 News-Journal Writing Activity
3 targeted writing prompts (Free Trade, Tariffs, Currency Crises) requiring students to use economic vocabulary and data from their Trade Logs. 🗣️ Debrief Discussion Guide
Structured questions to transition students from the emotional simulation experience to objective, theoretical understanding. ✍️ Student Reflection Assessment & Teacher Rubric
40-point assessment featuring multiple-choice, mathematical calculations (OC, Terms of Trade, Tariffs, Exchange Rates), and a reflective essay. Complete answer key and a detailed 3-criteria grading rubric. 💡 Real-World Extension Activities & Glossary
Case studies on the US-China Trade War, OPEC, and the European Union. 21-term glossary of key economic vocabulary. 💡 WHY TEACHERS LOVE THIS RESOURCE:
No Prep Required: Just print the cards and handouts, and you are ready for 2 weeks of engaging instruction. Highly Interactive: Replaces boring lectures with hands-on negotiation and problem-solving. Math-Integrated: Requires students to constantly calculate opportunity costs, terms of trade, and currency conversions—perfect for STEM/economics cross-curricular focus. AP & On-Level Aligned: Deep enough for AP Macroeconomics, accessible for on-level High School Economics. Please read: This resource is a PDF document and is not editable.
© UM Printables All rights reserved. This resource is for personal and single-classroom use only. Distribution, editing, or posting on public websites is strictly prohibited.
Frequently Asked Questions
What's included in this resource?
This resource contains 38 pages of ready-to-print materials. It is no-prep, answer keys, hands-on.
Is this a no-prep resource?
Yes, this resource is completely no-prep. Simply print the pages and they're ready to use in your classroom immediately. Answer keys are included for easy grading.
Who is this resource perfect for?
This resource is perfect for: STEM/economics cross-curricular focus., AP & On-Level Aligned: Deep enough for AP Macroeconomics, accessible for on-level High School Economics., Please read: This resource is a PDF document and is not editable..
Is this a hands-on activity?
Yes, this resource includes hands-on activities that engage students through physical manipulation and discovery-based learning. Students learn by doing, not just by completing worksheets.
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