Wouldn’t it be good to look at the financial crisis in the EFL, ESL classroom? Admittedly, a lot of postmodern financial intrigues are unbelievably arcane (does anyone understand credit default swaps?) but some bits are simple to describe and they can lead into an interesting discussion of the idiocy of modern financial practices. One such phenomenon is leverage.
There is a simple description of leverage and an explanation of how it can lead to mayhem at the link below.
From a language point of view – could be a good topic for presenting / practising cause and effect type constructions (as a result of / due to / caused by / etc)
9 April, 2009 at 12:12
Total posts: 14
Reply To: Financial Meltdown in the EFL Classroom
I think Dan has a good point, there are a lot of the students that I’ve had recently that don’t really have a grasp on the cause and effect of this international crisis. It leads to a lot of other discussions.