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Personal Finance and Economics Education USA

Personal Finance and Economics Education USA

Developing Good Credit Habits Key Concepts Credit, Goods, Income, Interest Rate, Interest, Services, Credit Card Goods and Services: Some are Private, Some are Not The role of government is to provide for the common defense, define and protect property rights, and enforce contractual arrangements. Throughout the 20th and early 21st century, government has increased its role in economic life. The role of government has expanded to address so-called market fa... Grades 3-5, 6-8 Calculating Simple Interest How do banks calculate the amount of interest paid on a loan? Grades 6-8, 9-12 Trouble is Brewing in Boston - "Colonial Voices: Hear Them Speak" It’s December 16, 1773 and many of the citizens of Boston are furious with King George’s new tax on tea. Grades K-2, 3-5 To Buy or Not To Buy While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Mystery Workers

Lesson finder EconEdLink is the leading source of online economic & personal finance lessons & resources for educators and students. Browse by Keyword, Grade, Concept, Author or Standard. Further enhance results by searching for economics or personal finance standards in your state, or by alignment to the Common Core State Standards. Rating Grade9-12 View this lesson By Robotic technology is increasingly infiltrating our everyday world, and as robots become more capable of human labor, people will likely have to develop new skills for new jobs. Key concepts Human Capital Investment, Human Resources, Incentive, Innovation, Inventors, Productivity, Standard of Living View this lesson Just 113,000 new jobs were added in January, according to the Labor Department’s monthly employment report. Discouraged Workers, Economic Growth, Employment Rate, Labor Force, Unemployment View this lesson Human Capital, Human Capital Investment, Human Resources, Labor Market, Standard of Living View this lesson View this lesson

Budget Odyssey EconEdLink Key Concepts Budget, Income, Expenses, Fixed Expenses, Variable Expenses Booker T. Washington:"Fifty Cents and a Dream" Young Booker T. Grades K-2, 3-5 Do I Look Like I'm Made of Money? One of the most common replies given by parents when their children ask for money is “Do I look like I’m made of Money?” Grades 3-5, 6-8 Money Comes and Goes Students read two online stories that introduce them to the elements of a budget and show that a successful budget balances money coming in (income) with money going out (expenses and savings). Grades 3-5 Constitution Costs This lesson helps students understand the basic services provided for Americans in the United States Constitution and the necessity of a system of taxation to fund those services. Grades 6-8, 9-12 Buying vs. Have you given any thought to where you will live when you are "on your own" - out in the world earning a living? Grades 9-12

The most comprehensive personal finance curriculum for grades K-12 | FFFL - Financial Fitness For Life End of Term Quiz - Classroom Games An interactive business and economics quiz. This interactive, end of term quiz is a test of students' knowledge of business and economics terminology. Exactly how you use the games is up to you - there could be a number of variations which are suggested below. Essentially, there are two quizzes - one designed to be used with two teams/individuals playing against each other, and the second for one team/individual playing against the clock. Game One This game is made up of 20 octagons with letters on which students must select and answer questions on. You could have two evenly matched teams trying to move from left to right, or a larger team moving from left to right and a smaller team from top to bottom. Each team/individual should select their colour - they can either be blue or yellow. You can also control the exercise using the keyboard tab between octagons. Play Game One... A list of questions to use is available below, or you could make up your own using the glossary for inspiration.

Gen i Revolution - Mission 1: Building Wealth Over the Long Term This interactive tool is a part of the online personal finance game, Gen i Revolution. This is one of the fifteen "Missions" available within the online game. This Mission takes about 30 minutes to complete. To sign up to play the game, you'll need to register for an account on the Gen i Revolution web site. In Mission 1, students must convince Angela to invest in a 401(k) plan now to build wealth over the long term. This mission is from the Gen i Revolution created by the Council for Economic Education. Key Concepts A Penny Saved Students will read the comic book, "A Penny Saved" published by the New York Federal Reserve Bank. Grades 9-12 Opportunity Cost Consumers are faced with tough choices because so many innovative and exciting products and services are available. Calculating Simple Interest How do banks calculate the amount of interest paid on a loan? Grades 6-8, 9-12 How Global is Your Portfolio? Grades 3-5, 6-8 Big Banks, Piggy Banks Grades K-2, 3-5

Gapminder: Unveiling the beauty of statistics for a fact based world view. Why Work Now? Tell the students that teachers tell them to do homework, but ask them why they have to do it now? Ask the students if they are going to spend the rest of their life working? Tell the students that in this lesson they will learn something about education or training that may encourage them to take your school work seriously. Stanley Czyzyk, Hurricane Hunter: This website features an interview with Stanley Czyzyk, a hurricane hunter. Tell the students that they probably know that Productive Resources are natural resources, human resources, and capital resources. Tell the student that what they may not know is that workers "sell" their labor and employers "buy" that labor. Have the students complete the interactive activity that describes situations in which they assume that they are an employer. 1) Who would you pay a higher wage to? a) worker who sews 50 shirtsb) worker who sews 65 shirts 2) Who would you pay a higher wage to? 3) Who would you pay a higher wage to? job.

LYNDA_ACCOUNTING_FUNDAMENTALS_TUTORIAL-kEISO LYNDA_ACCOUNTING_FUNDAMENTALS_TUTORIAL-kEISO Learn about bookkeeping, financial, managerial, and tax accounting and how they work together to help businesses make decisions. Jim and Kay Stice review the accounting equation, the three basic types of financial statements, how to use accounting to drive decision making, and how taxes figure into business decisions . Topics include:What is accounting? LYNDA_ACCOUNTING_FUNDAMENTALS_TUTORIAL-kEISO Speedy Download

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