TeachersFirst's Understanding Economics and Money: TeachersFirst Editors' Choices
Understanding how world economic systems work can mystify even the experts, but all of us need to understand the basics of how an economy functions, especially as current events challenge us to adjust to tough times. Today's students and teachers must try to translate the language of financial gurus and the news media in a meaningful and personal context.
This collection of resources has been hand-picked by the editors of TeachersFirst from among our many reviewed resources on economics and money. These selections were chosen to help students (and families) grasp basic economic principles, personal financial planning, and banking at an age-appropriate level.
To complement these resources on the "facts" about economics, TeachersFirst's partner site, TeachersAndFamilies, offers this article and activities to help children and teens handle the feelings and stresses of tough economic times and to mitigate the toll these times can take on families. By understanding the feelings of children and teens and by helping them build age-appropriate knowledge, teachers and families can ease the strain of the tough times we all face together.
We hope you will share these resources with your colleagues and school parents by emailing this page or sharing the link.
View our entire collection of resources related to economics.
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Schwab MoneyWise - Charles Schwab
Grades
6 to 12tag(s): money (262), financial literacy (129),
In the Classroom
Use the lesson ideas at this site to help your students understand economics. Take advantage of the free teaching guides and student worksheets.You must be registered and logged in to add items to your favorites.
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Kid's Finance - kidsfinance.com
Grades
1 to 6tag(s): money (262), financial literacy (129),
In the Classroom
Get some basic ideas at this site. Everything here is quick and simple. You will want to supplement with other information about the economy and money.Add your comments below (available only to members) | Become a Member
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Bank Rate - bankrate.com
Grades
6 to 12tag(s): financial literacy (129),
In the Classroom
If your students are starting to use credit cards, share this site on your interactive whiteboard or projector.Add your comments below (available only to members) | Become a Member
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Practical Money Skills - Visa
Grades
4 to 12tag(s): money (262), financial literacy (129),
In the Classroom
There are countless options and ideas about how to use this site in your classroom. Share the interactives on your projector or interactive whiteboard. Take advantage of the FREE lesson plans to teach your students about money and the economy. Use the free, standards-aligned lessons in sequence or on an individual basis. If financial literacy is not part of your Common Core Standards for math, think about making the activities and/or games a weekly center or activity on the computers in your classroom or the school computer lab. Also, look through the videos listed to see if there are any that are age appropriate for your students.Add your comments below (available only to members) | Become a Member
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Economic Education Web - University of Omaha
Grades
K to 12Examples of topics for the K-5 students include Shortages and Surpluses, Consumers/Consumption, Functions of Money, and countless others. Grade 6-8 topics include Role of the Government, Unemployment, Economic Growth, and many others. Some of the higher level topics for grades 9-12 include Circular Flow, Market Failures, Federal Reserve, and much more! Many of the topics include more than one lesson plan or classroom activity. A few of the topics are "under construction" as new material is constantly added.
tag(s): money (262), financial literacy (129),
In the Classroom
Take advantage of these ready to go lesson plans at all grade levels. Anyone who teachers social studies or economics can easily find an appropriate lesson plan (linked to standards). Use these lessons to help students understand the economy, learn new vocabulary words, and deepen their understanding on money.Add your comments below (available only to members) | Become a Member
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