Falling Oil Prices Create Winners and Losers (Page One Economics Classroom Edition)

Falling Oil Prices Page One Economics icon

Oil prices affect the U.S. economy in many ways. For example, fluctuations in the price of oil can influence inflation, unemployment, and disposable income. Some local economies with close ties to the oil industry, however, are affected even more directly in both positive and negative ways. This essay covers one recent example of the local impact of oil prices.

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Keep your students in the know on timely economic issues with the Page One Economics Classroom Edition. Page One Economics provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed or email.


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Audience:   High School, Consumers, College
Language:   English
Subjects:   AP, Economics
Resource Types:   Publications, Lessons
Concepts:   Factors of Production/Productive Resources, Scarcity, Employment
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