This is the teacher’s manual to accompany the student textbook, Lessons for the Young Economist.
The manual follows the student text very closely (the student text is needed separately, either in physical form or PDF). For each section within a chapter, the manual may give the historical context, clarify the relationship between what the student is learning from the text compared to a typical college textbook, warn about possible confusions the student may encounter, or give links for further reading for the teacher’s own edification (not necessarily to be assigned to the student).
In addition, this manual provides thorough answers to the study Questions found at the back of each Lesson in the student text. The manual also lists optional supplemental materials, such as free online videos, audio lectures, and readings, along with instructions as to their level of difficulty and relevance. The manual also provides sample tests and even suggested activities (ideal for homeschooling parents) to illustrate the concepts in each chapter.
The manual can be used by any teacher, but it is ideal for the homeschooling parent who needs guidance in developing a curriculum for the junior high student involving economics.
Test answers to the Teachers Manuel are available in print form.
Note: Since the publication of the Teacher’s Manual in 2012, we have discovered that some of the links have become broken. Those broken links are on the following pages: 79, 81, 114, 115, 149, 203, 205, 260, 294, 295. We will be updating those links and posting the correct links here. Please check back.
Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America’s Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Human Action Podcast and The Bob Murphy Show.
Bob sits down with Harvard Economics Professor Pol Antras to discuss his new paper applying Böhm-Bawerk's average period of production to international trade.
Alexander Salter and Joshua Hendrickson argue that the Fed's actual institutional role is to backstop U.S. dollar hegemony.
Bob sits down with economist Emmanuel Maggiori to discuss his new book that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics.