Rabu, 01 Mei 2019

Introducing Youngsters To Global Economics Using Online Blended Entrepreneurship Education

By Linda Cook


Technology is a great tool educators can use to their advantage. More and more educators are seeing the wisdom of introducing the concept of entrepreneurship into their classrooms as well. Giving middle schoolers a chance to see how the world works through online blended entrepreneurship education for 6th grade through 8th will give them a start in the right direction.

These courses combine in-class with online instruction. Students participate in projects aimed at giving them insight into the basics of global economics. The first lessons address business concepts and how they relate to customers. Ethical conduct is defined. Students are given hypothetical business scenarios and asked to decide whether or not the conduct of the business people constitutes ethical or unethical conduct.

The subject of business and culture takes up one lesson period. The students see a video introducing them to the various ways people around the world greet each other. Lesson leaders discuss terminology. They lead a discussion on the topic of the ways in which businesses approach customers in different countries to gain their trust while making money.

Global trade is the focus of one lesson. Students learn how countries decide to trade with other countries instead of depending on their own resources for everything they need. Children are taught the ways in which technology has affected global trade. They play trading games and use the information they have learned to try and convince their peers to purchase products.

Not every country has the necessary resources to supply citizens with all their needs. Specialization can create a more stable economy. Students are encouraged to participate in games that demonstrate the ways this benefits a country. Teachers lead discussions about how the business decisions of one country affects customers in the global marketplace.

Trade barriers is the subject of a lesson. Students watch a video that explains what tariffs are, gives pertinent examples, and explains how all of this affects the balance of trade. They have discussions about what happens to businesses, customers, and employees when they are faced with trade barriers. They discuss why the balance of trade matters.

International currency is the subject of a lesson. Teachers talk about various currencies and define rates of exchange. They discuss why different currencies are valued differently and why exchange rates go up and down. Students learn to use currency converters and calculate rates of exchange. They discuss how exchange rates impact buying power.

The global workforce is the subject of one lesson. Students learn how businesses use technology to find the most qualified applicants for their companies. The value of learning a second language is discussed. Kids discuss what steps they would have to take to obtain employment in a foreign country. These lessons incorporate technology, language, math, science, and social skill sets along with an introduction to the opportunities entrepreneurship presents. Students who have a chance to participant is these courses are given information that will be invaluable to them in the future.




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