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Create Memes in Economics

Students create an economics meme, explain the concept it illustrates in a paragraph and present it to the class. Topic choices and marking criteria guide the task.
Grades
Grades 11–12, High School
Pages
6
File type
PDF
Preparation
Print ready

Updated Oct 27, 2023

Subject
Social Studies, Economics
Topic
Economics memes, Economic concepts
Resource types
Projects, Activities, Assessments, Teacher Tools
Preparation
Print ready

About this resource

What's inside this resource

Students create an economics meme, explain the concept it illustrates in a paragraph and present it to the class. Topic choices and marking criteria guide the task.

Product description

From the author

Create Memes in Economics: A Teaching Resource

Create Memes in Economics is a resource designed for Grade 11 and Grade 12 students. It uses the world of memes to make economic concepts more engaging and interesting.

Assignment Overview:

  • The assignment encourages student creativity and applies their understanding of economics.

  • Students create a meme based on topics from different sections like:

    • Introduction

    • Microeconomics

    • Macroeconomics

    • (International and Development Economics also included)

The resource includes example memes created by other students. Apart from creating an economics-related meme, students also write a paragraph explaining their meme's connection with economic concepts.

Evaluation & Performance:

  • A marking scheme is provided that evaluates the meme's accuracy, creativity, as well as the written explanation of their idea.

Potential Applications & Flexibility:

This resource can be used within various learning settings either in class activities or homeschooling. It can even be used as an entertaining yet educational homework task deviating from traditional assignments.

The supplied file is a six-page printable PDF with the assignment, marking scheme and examples.

In conclusion,

Create Memes in Economics offers a unique approach towards exploring complex economic principles while maintaining its relevance with contemporary learners who appreciate incorporating technology-based culture within conventional academic realms.

In the classroom

Teaching tips & learning objectives

Learning objectives

  • Select an economic concept and communicate it accurately in a compressed visual format

  • Justify in a written paragraph how an image-text pairing illustrates the chosen concept

  • Present and defend a creative interpretation of an economic idea to the class

Teaching tips

  • Assign different columns of the topic table to different groups so the competition covers all four course units

  • Walk through the captioned student examples first — they show how a familiar meme format can carry ideas as dry as contractionary fiscal policy

  • Use the paragraph requirement as the accountability layer — the meme can be funny, but the explanation must name the mechanism

Skills covered

  • Economic concept application — students translate a chosen syllabus topic (e.g. price elasticity, the Keynesian multiplier, currency depreciation) into an accurate meme.

  • Written explanation — a required paragraph connects the meme's imagery to the underlying economic mechanism.

  • Oral presentation — each group briefly presents its meme in a class competition.

Good to know

Questions teachers ask about this resource

How broad is the topic list students choose from?

Very — the table spans four course units with around fifty topics, from scarcity, the production possibilities frontier, and famous economists' theories through market structures, externalities, and game theory to inflation, the Phillips curve, exchange rates, trade policy, and development economics.

How is the meme graded?

Four criteria at five points each — accurate information about the topic, a clear relationship between images/text and the topic, creativity in illustrating it, and the effectiveness of the explanatory paragraph — for a total of twenty points.

Are there models of what a good result looks like?

Yes — eight student-made examples with captions naming their concepts, including elasticity of demand and substitute goods, economies of scale, contractionary fiscal policy, supply-side time lags, and the Phillips curve.

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Resource details

Concepts & topics

Core concepts

  • Economics

  • Microeconomics

  • Macroeconomics

  • International economics

  • Creative assessment

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