IN THIS ISSUE

Econ-Exchange is a joint publication of the E. Angus Powell Endowement and the Federal Reserve Bank of Richmond.

Each issue of Econ-Exchange features an essay on a unique aspect of economics, followed by three practical lesson plans. In this issue, Dennis O'Toole opens by describing the vital role business plays in the American economic system and the changes that have resulted from technology and globalization. Then three outstanding classroom teachers share lesson plans that they have developed for their students.

Elizabeth Mahler shows how students can experience economics concretely through participation in a classroom business. Susan Wright uses a new variety of apple, the Ginger Gold, to teach about supply and demand. Cheryl Beck tells how her students use the Internet to monitor changing values of stocks in different companies.

We hope you enjoy Econ-Exchange. We welcome your response; please send us your ideas and tell us about your economics lessons. Understanding how incentives work, the Powell Endowment may even pay you for your contribution.