EconEdLink Update

May 2009

Council for Economic Education

In this issue:

Featured Lessons:

Other Areas of Interest:

Featured Lessons:

A Perfect Pet
The introduction to this lesson is a brief online story about a little girl’s visit to a pet store with her father. She considers several pets before choosing a “cute and cuddly” dog. Students are reminded that pet owners are responsible for keeping their pets safe, healthy and happy. A discussion of a pet owners desire to provide the best for their pets leads to an exploration of people’s wants. The activities that follow challenge students to explore the wants of a pet owner and their desire to provide the best for their pet fish, and then the wants of a person. The students learn that the ability to discover their wants will help them establish priorities when they are faced with scarcity. During the evaluation process, students identify some of their personal wants. As a class, they discuss why some choices are the same and others are different. They take the discussion a step further exploring how their wants compare with those of siblings and adults in their lives. They discover that age, lifestyle, likes (tastes and preferences) and what one views as important (values) help to explain the differences.

This lesson is written for K-2, 3-5 students and can be found at the following web address:

Cowboy Bob Builds a Community
A cowboy rides into a ghost town and decides that it needs to be rebuilt. Students will select the necessary things that a town needs in order for it to function and grow.

This lesson is written for 3-5 students and can be found at the following web address:

Marketplace: TV Niche News
The students listen to an audio file about brand loyalty and changing demographics as each of these factors affects competition in the news market. They identify major concepts presented in the audio file and record supporting details using an interactive flash note-taker.This lesson is appropriate for use with middle school students.

This lesson is written for 6-8, 9-12 students and can be found at the following web address:

The Five Stages of Investing
The practice of saving and investing is definitely a good thing, but there are many ways to save and invest. In thinking about the options, it is important to consider the degree of risk involved and the potential for return. Typically, the higher the risk, the higher the potential return. The key is to work up to the riskier investments, where you stand to earn the most money, but only after you've successfully established some safer holdings. This lesson walks students through the stages of investing, demonstrating why that sort of sequential order is important. At the end of the lesson, students are asked to serve as financial advisors and give advice to people considering investments at different stages of the investment ladder.

This lesson is written for 9-12 students and can be found at the following web address:

Other Areas of Interest:

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This page can be found by simply searching Facebook for EconEdLink or going directly the page:

Current Events and EconEdLink®

Go to Current Events and lean more about what's happening in the world of economics and access related lesson plans.

One of the components of EconEdLink is the Current Events section. This section provides current online articles that relate to economics. The Current Events section is using Google News and we update the news article links weekly. We also connect EconEdLink lessons to the specific news articles. This allows you and your students to find online economics articles and lessons that support the understanding of these articles.

You will also notice there is a RSS Feed link on the Current Events page. This link allows you to subscribe to our Current Events page and receive notification, in the form of an RSS feed, every time we update news articles and lesson links on this page Check it out!

To explore the Current Events and Lessons visit:

New Name and Look - Same Vital Mission and Work!

Council for Economic Education
To advance our leadership role in the field of economic and financial education, the National Council on Economic Education has changed their name and look to the Council for Economic Education®.

Over the last decade, NCEE has developed a world-class, comprehensive K-12 program of teaching materials, teacher professional development programs, and assessments in economics, personal finance, and entrepreneurship education, designed to be used across the curriculum.

Like our programs, the NCEE is evolving as well. In support of our efforts to continue to expand our global reach, we invite you to join us in celebrating our new name, the Council for Economic Education, which best defines our work today and into the future.

More information visit:

2009 Annual Conference
Washington DC Hyatt

Council for Economic Education
National Association of Economic Educators
Global Association of Teachers of Economics

October 7-10, 2009 
Hyatt Regency Washington on Capitol Hill,
Washington, D.C.

You'll have the opportunity to attend hands-on sessions focused on EconEdLink.

Mark your calendar so that you will not miss this opportunity.

More information visit:

Edited by John LeFeber,
Curriculum and Instructional Developer Project Manager
Council for Economic Education
Lincoln NE Office
215 N. 8th Street, Suite 215
Lincoln, NE 68508

Phone: 402.438.6921 | Fax: 402.438.6867 | Email:
Council for Economic Education EconEdLink Thinkfinity
The Council for Economic Education offers comprehensive, best-in-class K-12 economic and personal finance education programs, including the basics of entrepreneurship, consisting of teaching resources across the curriculum, professional development for teachers, and nationally-normed assessment instruments. Each year, the Council's programs reach more than 150,000 K-12 teachers and over 15 million students in the United States and in more than 30 other countries. These programs are delivered through a diversified system: directly from the Council, through a network of affiliated state Councils and university-based Centers for Economic Education, and through other partner organizations. EconEdLink is a program of the Council for Economic Education and a member of the Thinkfinity consortium. EconEdLink provides a premier source of classroom tested, internet-based economic lesson materials for K-12 teachers and their students. EconEdLink continues to offer content based interactives that enhance more 606 lessons, and assist students as they explore economic concepts.