chapter 02 lesson plans

Chapter 2 Lesson Plans 1

International Business Teacher: _______________________ Week of: _______________________

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Chapter 2 Our Global Economy

Introduction Chapter Overview, p. 26 Global Focus: Dual Economies, p. 27

Chapter 2 Teaching Resources Activities and Study Guide, Ch. 2 ExamView®, Ch. 2 Instructor’s Resource CD

PowerPoint Slides, Ch. 2 Lesson Plans, Ch. 2 Activities and Study Guide Instructor’s Edition, Ch. 2

Web Site www.cengage.com/school/genbus/intlbiz Net Bookmark Study Tools Quiz Prep Activities Crossword Puzzles



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Lesson 2-1 Economics and Decision MakingPages 28–31

Teaching Resources Activities and Study Guide, Lesson 2-1 Instructor’s Resource CD

PowerPoint Slides, Lesson 2-1 Lesson Plans, Lesson 2-1

Goals Describe the basic economic problem. List the steps of the decision-making process.

Focus AIE p. 28

Teach The Basic Economic Problem, p. 28 Making Economic Decisions, pp. 29–30

Figures Figure 2-1, The Decision-Making Process, p. 29

Special Features Work as a Team, p. 39

Web Site www.cengage.com/school/genbus/intlbiz

Study Tools, p. 31

Ongoing Assessment Checkpoint, pp. 28, 30 Review Global Business Terms, p. 31 Review Global Business Concepts, p. 31 Solve Global Business Problems, p. 31 Think Critically, p. 31 Make Academic Connections, p. 31


Annotated Instructor’s EditionTeaching Strategies Print Learners, p. 30

Ongoing Assessment Checkpoint, pp. 28, 30 Assess, p. 31 Reteach, p. 31 Enrich, p. 31 Portfolio, p. 31 Close, p. 31



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Lesson 2-2 Basics of EconomicsPages 32–35



Goals Describe how the market sets prices. Explain the causes of inflation.

Focus AIE p. 32

Teach Price-Setting Activities, pp. 32–33 Changing Prices, p. 34

Special Features Work as a Team, p. 33 Communication Across Borders, Disappearing Languages, p. 34

Figures Figure 2-2, Market Price Is Set by Supply and Demand, p. 33 Figure 2-3, Making Connections: History, p. 35


Study Tools, p. 35



Annotated Instructor’s Edition




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Lesson 2-3 Economic SystemsPages 36–40



Goals Name the three main factors of production. Understand how different countries make economic decisions.

Focus AIE p. 36

Teach Economic Resources Satisfy Needs, pp. 36–37 Types of Economic Systems, pp. 38–39

Special Features Global Business Spotlight, Factors of Production for Fast-Food Companies, p. 37 Work as a Team, p. 37 Global Business Spotlight, Public Services Going Private, p. 39

Figures Figure 2-4, Factors of Production, p. 37


Study Tools, p. 40



Annotated Instructor’s Edition

Teaching Strategies Attention Deficit Disorder, p. 38 Kinesthetic Learners, p. 38




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Lesson 2-4 Achieving Economic DevelopmentPages 41–44



Goals Describe the factors that affect economic development. Identify the different levels of economic development.

Focus AIE p. 41

Teach Development Factors, p. 41 Types of Development, pp. 42–43

Special Features Global Business Spotlight, Types of Infrastructure, p. 42

Figures Figure 2-5, Levels of Economic Development, p. 43


Study Tools, p. 44



Annotated Instructor’s EditionTeaching Strategies Auditory Learners, p. 42




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Lesson 2-5 Resources Satisfy NeedsPages 45–51



Goals Discuss economic principles that explain the need for international trade. Identify various measures of economic progress and development.

Focus AIE p. 45

Teach The Economics of Foreign Trade, p. 45 Measuring Economic Progress, pp. 46–50

Special Features Global Technology Trends, International Domain Names, p. 48 Work as a Team, p. 49 International Business Perspective, Careers: Global Business Careers, p. 50

Figures Figure 2-5, Per Capita GDP for Selected Countries, p. 46 Figure 2-6, Balance of Trade for Canada and United Kingdom, 47 Figure 2-7, Balance of Trade for United Kingdom, p. 48


Net Bookmark, p. 49 Study Tools, p. 51



Annotated Instructor’s EditionTeaching Strategies Gifted Students, p. 47 Kinesthetic Learners, p. 47




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Chapter 2 Review

Teaching Resources Activities and Study Guide, Ch. 2 ExamView®, Ch. 2 Instructor’s Resource CD

Activities and Study Guide Instructor’s Edition, Ch. 2 Web Site www.cengage.com/school/genbus/intlbiz

Net Bookmark Quiz Prep Activities Crossword Puzzles

Review Chapter Summary, p. 52 Global Refocus, p. 52 Review Global Business Terms, p. 53

Apply Make Global Business Decisions, p. 54 Make Academic Connections, p. 54

Projects The Global Entrepreneur, Creating an International Business Plan: Economic

Conditions Around the World, p. 55

Annotated Instructor’s EditionOngoing Assessment Assess, p. 52, 55 Reteach, p. 52 Enrich, p. 52 Portfolio, p. 55 Close, p. 55

chapter 02 lesson plans

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