• 2015WaltonAward


    Prof. Terry Anderson

    Property and Environment Research Center (PERC.org) & Hoover Institution, Stanford University

    2015 Gary Walton Award for Leadership in Economic Education

    Learn More

  • LionTitle


    NEW Hot Topic:

    Target:  Big Game Hunting

    We can learn a great deal about institutions and incentives from the recent death of Cecil the lion and the ongoing controversy over wildlife hunting and conservation policies in African nations.

    Learn More

  • WinterOnline


    Winter 2016 Online Course Registration OPEN

    • Economics Online for Teachers -2 (EOFT2)
    • Teacher Economics – Federal Reserve (TE-FR)

    January 12 – March 15, 2016  (graduate credit available)   
    Reg. deadline:  Jan 7 or when course fills

    Learn More

  • cornell-kids


    A tax deductible contribution to the FTE ensures that we can improve economic education in the classroom and beyond for many years to come.

    Learn More

Issues of International Trade

Trade issues occasionally dominate and are a continuing theme of the international scene: the global market, sweatshops, child labor, trade deficits, the euro, sanctions, tariffs, embargoes, and the EU, NAFTA, WTO – the seemingly endless alphabet of interest groups, treaties, organizations, and trade agreements. As a classroom topic, international trade has the great advantage of providing ready-made material for teachers wanting to engage student interest in current events. On the other hand, the complexity of the issues surrounding trade is daunting. While economic reasoning doesn’t guarantee resolution of the issues, it is a powerful tool of critical thinking that brings clarity to the discussion of current events. The ability to determine comparative advantage through opportunity cost, the ability to identify incentives and predict resulting behavior, and the ability to use supply and demand analysis of particular labor and resource markets, help students to set aside the emotion of international trade issues and cut through the rhetoric of media reports. This workshop will offer examples and classroom activities that help students build a foundation for their opinions on the news of the day.

Program Topics

(Click here for information on co-sponsoring or attending free teacher 1-day workshops.)