Ray Dalio – How the Economic Machine Works Guide
$3.89
Ray Dalio – How the Economic Machine Works Guide challenges students to digest the tsunami of economic education condensed into this short 30 minute animated video.
This worksheet asks students to dig deep and cement their understanding of topics such as credit/money, assets/liability, interest rates, debt cycles, productivity growth, the debt burden, deleveraging, austerity, debt restructuring, redistribution of wealth, money printing and the role of the central bank & central government in the economy.
Whether you teach an economics course or not, if you can find time to schedule in this stand alone lesson your students will benefit tremendously by understanding how the economic machine works. Although it would be helpful for students to have some background knowledge, it is not necessary, as Ray Dalio breaks down the way the entire economy works brilliantly.
Teacher’s Notes:
- This 30 minute video is so dense that students may need to watch the scenes that correspond to each question on the guide multiple times before being able to answer each question sufficiently
- This video can currently be found on youtube on Ray Dalio’s Principles by Ray Dalio channel. https://www.youtube.com/watch?v=PHe0bXAIuk0
This product .zip file includes:
- A student movie guide, PDF digital fillable form version (5 pages)
- A student movie guide, PDF print version (5 pages)
- An answer key (5 pages) is included, however, some answers will vary as students are encouraged to construct their own meaning throughout the film and many questions are open-ended.
- A generic movie guide permission slip (1 page)
Digital Version Tips
- It is intended for a paperless, 1:1 tablet/iPad classroom
- Ask students to download a PDF editor app if they don’t already have one. It needs to have a save function as well. I used Foxit PDF.
- Host the file. I used google drive to share a folder with students.
- When complete, ask students to save the file in a designated google drive folder using a naming convention. (I use LastnameFirstnameMovieGuide.pdf)
Description
Here are my tips for using Ray Dalio – How the Economic Machine Works Guide in your classroom:
- Print one, double-sided movie guide for each student
- Preview each question on the movie guide as you come to it before resuming the movie
- Pause at the times designated on the movie guide and help students if necessary
- Discussion here is great, encourage and allow students to share their ideas and thoughts for any question
- Discourage students from simply copying answers
- If needed, and if time allows, feel free to rewind and show important parts of the movie for additional analysis
- After completing the short answers on the movie guide, allow 5-10 minutes for each essay question at the end
- On average, completing this movie guide will require about 30-45 minutes in addition to the length of the movie
The Ray Dalio – How the Economic Machine Works Guide resource is also available on TeachersPayTeachers
100% Free Movie Guides
Get a feel for my work and see if this resource is right for you. I ask questions that require students to ‘live’ on the higher levels of Bloom’s taxonomy.
K12 Movie Guides are on these other platforms as well:
- TeachersPayTeachers
- Pinterest – TeacherTravis
- Facebook Page – K12MovieGuides
- Instagram – TeacherTravis
- Twitter – @k12movieguides
General Tips for Using this Movie Guide:
- Print one, double-sided movie guide for each student
- Preview the next question on the movie guide as you complete each one, this can help students pay attention to important upcoming events.
- Pause at the times designated on the movie guide, encourage students to debate, discuss and talk about their ideas before writing their answers.
- Discourage students from simply copying answers.
- Randomly choose a student to share their answer and defend it if necessary.
- If time allows, feel free to rewind and show important parts of the movie again for additional analysis.
- After completing the short answers, allow 5-10 minutes for each essay question at the end of the film.
- On average, this movie guide will require about 30 minutes in addition to the length of the movie.
