1.
2.
demand supply
price boomtown
goods and services profit
entrepreneur
production
• Teaches teachers who teach students who are the
future of Texas
• Provides interesting hands-on lessons that develop
critical thinking skills for students in Economics,
Social Studies, Math, and Career/Technical
Education classes.
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Fall and Spring Online
Testing In Micro, Macro and
International Economics
Adam Smith Division
2nd place national champs
Bellaire HS 2010/3rd 2012
David Ricardo Division 3rd
place national champs
Plano HS 2010/4th place
2012
State competition all online
this year
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Middle and High School
Fall and spring online
challenges will
determine state
finalist candidates
“State Play-Offs” in
Austin with cash
awards for two top
teams

HS national finals at
Fed in St. Louis

Bellaire HS Houston
2nd in nation 2012
Teams of 2 to 5 students
Grades 4 to 12
Cost: $10 a team
10 week Student Session
How Do You Get These
Materials?
www.economicstexas.org
Select either
Browse
Economics
Concepts
Or
Browse
Economics
Lessons
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Selected
lesson
To Receive VE4.0, Please Complete
and Turn In1. A Registration form with the date, location and title of the workshop
written in at the top of the form.
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5
•25
new families moved into your
neighborhood and every neighborhood in
your area?
•there were so many more people…what
would you need?
What do you see in these photos from 1901?
What do you think these photos represent?
Where is Beaumont, Longview?
•Beaumont
population grew from 9,000 people to 50,000 in three
months.
•Breckinridge population went from 600 in 1918 to 30,000 in 1919
•February 1931 Longview grew from 5,000 to 10,000 in 2 months
•How
would their lives have changed????
1.
2.
3.
4.
5.
6.
7.
You are going to be in six different groups.
Your group will read one primary source together.
What goods and services are limited in supply?
What factors caused an increased demand for G & S?
What new occupations developed? Why?
Are your lists of important goods and services the same as
those 100 years ago? Explain.
What examples of entrepreneurship are there? What are
examples of profit motive?
•Share
your answers with your expert group.
•Switch groups and share what you learned
about the new story
1.
2.
3.
Pretend that you live in a community that
will soon have a huge boom in population.
It is a fictional town in the panhandle of
Texas in Floyd County. There are 125
people now. You are close to highway 70.
Oil has been discovered and 1000
population is expected within 2 months
1.
2.
3.
Floyd County: 125 to 1000 population in 2 months
One gas station which sells groceries (mainly milk
and bread)
Work in small groups to:
1.
2.
3.
A. List problems
B. What goods and services will they need?
C. Make a list of actions needed to help people deal with
population boom.
. Please read your section of the article:
http://stateimpact.npr.org/texas/tag/fracking/?gclid=CO7
FraGdp7ACFWLktgodhx46Yw
Answer the following questions.
1.
What is fracking?
2.
Where is the fracking taking place?
3.
What are three important points about what is happening
4.
Using the map, what do you notice about locations?
Read your segment of the Eagle Ford Fracking Article and
provide pro and con arguments concerning fracking.
http://www.bloomberg.com/news/2011-12-20/eagle-forddrilling-rush-may-boost-texas-tax-revenue-15-fold.html
You will meet with several other students. Each person will
explain pros and cons of fracking. Make a list of the pros and
cons discussed. Next, choose one pro and one con. Make a list
of what you think the next steps should be for these?
Beaumont early
1900
What was the discovery?
Compare the roles that technology played in the
discovery.
Compare the roles that geography played in the
discovery.
What impact did these discoveries have on
urbanization?
What were similar lifestyle and social changes and how
the people handled them?
What were differences in lifestyles and social changes
and how people handled them?
Small towns
2000s
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What is the point?
What are the similarities and differences
between Spindletop and today?