Engage Students with New Resources for Expanding Financial Literacy

 

From Discovery Education, "Help students connect economics concepts to current events with a timely activity examining real-world applications of extreme changes in supply or demand. Students will explore how changes in supply and demand curves impact prices, while an Extension Activity looks at the ways businesses react to and mitigate the risks of such price fluctuations."  To see the website click here  hopefully after checking out my amazon.ca ads below.    If you are making any   amazon.ca purchases  please click on my links below first as I will get a small commission on anything you buy even if it is something else as long as it is within 24 hours.   Thanks.  Remember you can follow me by clicking on the blue follow button above. This post may contain affiliate links that earns me  a commission at no extra cost to you. 

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What causes an economic recession?

If you are teaching a course in economics, business or similar you might want to use this Ted Ed lesson on recession.  According to their website, "For millennia, the people of Britain had been using bronze to make tools and jewelry, and as a currency for trade. But around 800 BCE, that began to change: the value of bronze declined, causing social upheaval and an economic crisis— what we would call a recession today. So what causes recessions? Richard Coffin digs into the economic fluctuations that affect our modern markets."  To see the website click here.

Economic Webinars

If you are teaching Economics and would like to attend a webinar you might want to check this site out.  Here is what they say on their site, "The Council for Economic Education is pleased to offer professional development webinars for teachers nationwide. The webinars cover multiple topics on how to integrate personal finance and economics in the classroom and create a fun learning experience for your students.

When you attend the webinar(s), you will leave with relevant lessons, resources and tools that can be implemented the next day. Also, New York State teachers earn one Continuing Education Unit (CEU) for each webinar. If you are interested, but cannot attend the live webinar, please register to get access to the archived version. You must attend a live webinar or listen to a recorded webinar for at least 45 minutes in order to receive a certificate."

To see the website click here.

Economics / Personal Finance Lesson Plans

Here is another set of Economics/Personal Finance lesson plans you might want to look at.by clicking here.

Economic Lesson Plans

If you would like some Economic Lesson plans (some might be good for Personal Finance too) try clicking here.

Compound Interest Calculator

If you are teaching compound interest in your Economics, Personal Finance or Math class, this compound interest calculator allows you to adjust the starting age, the interest rate and monthly savings amount.  It then slowly draws a graph of your savings and shows how much is principal and how much is interest.  To see the calculator click here.

Banzai - Financial Literacy

If you are teaching Financial Literacy you might be interested in this free website that stresses real life financial situations.  To see the website click here.    Askatechteacher reviewed the website in August 2015 and this is what they said:

Money as You Grow

This site teaches responsible use of money through age appropriate activities.  The site has been selected by the American Library Association as a great website for kids.  This site is designed for ages 3 through adult.  This is a US based site but has many things that can be used in a Canadian classroom.  Click here to see the site.   I particularly like the calculator that shows how long it will take to pay be a given amount using only the minimum payment at a given percentage rate.  To see this click here.

Show Business - The Economics of Entertainment

On February 6, 2014,  I posted "Peanuts and Crackerjacks - The Economics of Sports" by Federal Reserve Bank of Boston.  Well this is a similar educational game based on the Entertainment business.  

Unit 1, "Climbing the Charts" is about the music industry and Unit 2, "Another Action Hero" is about the Film Industry as it relates to the economics of international trade and globalization.  Check it out by clicking here.

Peanuts & Sports - Economics of Sports

This quiz based game is about, well as it says Economics and sports.  It is from the Federal Reserve Bank of Boston.  To see the game, I mean quiz, click here.

Economics of Being a Consultant

I saw this infographic at Nowsourcing.com.  Do you want to be a consultant?  Take a look at this.

The Economics of Seinfeld

From their site, "It is the simplicity of Seinfeld that makes it so appropriate for use in economics courses. Using these clips (as well as clips from other television shows or movies) makes economic concepts come alive, making them more real for students. Ultimately, students will start seeing economics everywhere – in other TV shows, in popular music, and most importantly, in their own lives."

There are 7 pages with the name of the episode and what economic term is used.  However you can use the search function for a specific term.  Note the site does not host all the videos in fact some cases it just gives you the episode name and time frame where the search term is given in the episode.  You will then have to search youtube or other sources for the episode in that case.  To see the site click here.