In this activity, students read an article and answer a series of …
In this activity, students read an article and answer a series of questions. The article describes the different kinds of unemployment: cyclical, frictional, and structural unemployment as well as underemployment.
In this activity, students read an article and answer a series of …
In this activity, students read an article and answer a series of questions. The article explains the debate about increasing the minimum wage and discusses whether other approaches may be more effective in helping alleviate poverty.
In this lesson, students will learn about the Panic of 1907 and …
In this lesson, students will learn about the Panic of 1907 and the measures Morgan used to finance and save the major banks and trust companies. Students will also practice close reading to analyze texts from the Pujo hearings, newspapers, and reactionary articles to develop an evidence-based argument about whether or not a money trust—a Morgan-led cartel—existed.
In this lesson, students hear a story about Peanut Butter, a slice …
In this lesson, students hear a story about Peanut Butter, a slice of bread with peanut butter, who is looking for a friend. They hear about examples of complement and substitute goods and participate in an activity where they are given a good and they find a partner with a substitute or a complement for that good. They conclude by singing a song about complements and substitutes. The lesson provides the basis for understanding that a change in the price of one good affects the demand for goods that are complements to or substitutes for that good.
Personal Finance 101 Chats are multimedia resources that simulate chat sessions between …
Personal Finance 101 Chats are multimedia resources that simulate chat sessions between individuals who are discussing economic topics. A transcript and Spanish veresion are also provided. In this episode, a father and son discuss "Free Application for Student Aid" (FAFSA).
Personal Finance 101 Chats are multimedia resources that simulate chat sessions between …
Personal Finance 101 Chats are multimedia resources that simulate chat sessions between individuals who are discussing economic topics. A transcript and Spanish version are also provided. In this episode, a father and son discuss rent-to-own plans and the contracts and costs that go along with them.
Students will participate in a classroom activity where they develop a budget …
Students will participate in a classroom activity where they develop a budget according to a given scenario. Additionally, students will actively read and discuss a Dr. Econ Question: What is the importance of developing job skills?
In this lesson, students learn about opportunity cost, saving, savings goals and …
In this lesson, students learn about opportunity cost, saving, savings goals and a savings plan. Students develop savings plans that lead to their own savings goals.
Through a story and activities, the student book introduces students to economic …
Through a story and activities, the student book introduces students to economic concepts such as saving, spending, budgeting, wants, goods, services and opportunity cost.
In this lesson, students listen to a personal finance story written and …
In this lesson, students listen to a personal finance story written and illustrated by an economics magnet school student that has now been published as a book. After an explanation of their own class book project on the topic of personal finance tips has been given, students will discuss sample tips and their meanings. Students will then create an original tip and illustration as a page for the class book to be self-published.
After reading and discussing a story about a family during the Great …
After reading and discussing a story about a family during the Great Depression, students differentiate between goods, services, barter, and money. Students are led through several rounds of a barter activity that incorporates math skills. Through this activity, students learn about the difficulties of using barter to satisfy wants.
Students are introduced to the costs and benefits of credit. It explains …
Students are introduced to the costs and benefits of credit. It explains credit terms and the "Three C's of Credit" that lenders use to qualify consumers for loans. Learning about the CARD Act will help students understand the financial details involved in using credit, as well as their rights as consumers. The assessment asks students to write tips for the wise use of credit, which should help them in developing better financial decision-making.
In this lesson, students are read a series of two options and …
In this lesson, students are read a series of two options and are asked to decide which options are more dangerous. They then learn about risk and how to prevent or reduce risk by taking precautions. Next they listen to a story about risk, where Clifford, the big red dog, helps reduce the risk of danger by taking precautions. After the story, the students complete a story sequencing activity based on Clifford's actions. Finally, they recognize that Clifford does not exist in the real world and talk about people in their families and communities that help protect them from risk.
In this lesson, students learn that saving is essential to economic well-being, …
In this lesson, students learn that saving is essential to economic well-being, especially in times of extreme economic downturn. They read Saving Strawberry Farm, a story about a Depression-era family attempting to save a neighbor's farm by waging a penny auction. Students hear about the lack of goods and services available and the high rate of joblessness during this terrible time. They simulate a bank run to see how even those with savings were affected. Finally, they learn that savings are safe in banks today.
In this lesson, students listen to a story about sheep that go …
In this lesson, students listen to a story about sheep that go shopping for a gift. Unfortunately, they don't have quite enough money and must barter wool to obtain the gift they want. The students discuss what barter is and suggest other solutions to the sheep's problems. Students earn cotton balls and pennies for work that they do. They use the cotton balls to decorate a sheep and use extra cotton balls and pennies to buy additional decorations for their sheep. Links are provided for SMART/notebook, ActivInspire/flipchart, and a Q&A pdf.
In this lesson, students learn about the act of saving and how …
In this lesson, students learn about the act of saving and how the accumulation of money saved is termed savings. They are read a story about a family that saves and how savings can be used to make a large purchase the family would not ordinarily be able to make. They recognize that there is an opportunity cost to saving, as well as an opportunity cost to spending.
In this lesson, students are introduced to the roles of entrepreneur and …
In this lesson, students are introduced to the roles of entrepreneur and investor in the context of starting a business through the book Isabel's Car Wash. After discussing the story, students are divided into entrepreneur and investor groups for a business startup simulation. In this simulation, each entrepreneur group uses a business plan and pitch to sell its idea to the investor groups. Each investor group decides on a business to invest in with the money allotted to the group and negotiates a profit percentage with the entrepreneur.
In this lesson, students learn about production, specialization, and division of labor …
In this lesson, students learn about production, specialization, and division of labor by discussing examples from the book, Sweet Potato Pie. Students develop examples of specialization and division of labor by reading about general stores, comparing them with modern-day general merchandise store, and examining factory production.
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