EconEdLink Update

April 2010

Council for Economic Education

In this issue:

Featured Lessons:

Other Areas of Interest:

Featured Lessons:

Funny Money or Phony Money?
Money is what we use to show what goods or services are worth. When you do work, you are paid with money. When you sell something, the buyer gives you money. Sometimes itís a lot of money and sometimes itís just a little money. How much money you are given depends on how much what you are selling is worth. Some people try to make fake money. Making fake money is a crime called counterfeiting. Only one place in America makes money; it is called the United States Bureau of Engraving and Printing.


The Color of Resources
This lesson will demonstrate the making of Crayola products to introduce natural, capitol, and human resources as well as touching on some other aspects in the Crayola industry such as producers and consumers.

Grades 3-5:

The Ice Cream Stand
Students discover how saving money can be compared to a mountain climb. The climb can be fast or slow, safe or hazardous, scenic or thrilling. You will find out that there is more than one way to get to the top!

Grades 6-8:

Focus on Economic Data: U.S. Real GDP Growth, March 26, 2010
This lesson focuses on the March 26, 2010, third (final) estimate of U.S. real gross domestic product (real GDP) growth for the fourth quarter (Q4) of 2009, as reported by the U.S. Bureau of Economic Analysis (BEA). The current data and historical data are explained. The meaning of GDP and potential impacts of changes of GDP are explored. This lesson will also raise questions about the impact of the current level of growth on the U.S. economy and individuals.

Grades 9-12:

Other Areas of Interest:

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Financial Literacy Month

The month of April has been declared as Financial Literacy Month.
Today, a majority of consumers are experiencing some sort of financial difficulty causing a significant impact on their everyday lives. In fact, Americans carry more than $2 trillion in consumer debt and 30 percent of consumers report having no extra cash; making it impossible to escape the burden of living paycheck to paycheck. It is time to integrate the instruction of financial literacy into our daily lessons. Use these great resources to make it a worthwhile month for your students.

More information visit:

The Gen i Revolution: An Online Personal Finance Game

The Gen i Revolution consists of fifteen interactive missions in which students complete a variety of activities to help them learn important personal finance concepts. Within each mission, students are introduced to a character who is facing a particular financial crisis.Gen I Revolution

As a part of the Gen i Revolution, the student learns about the crisis, strategically selects “Operatives”, and then completes activities with the ultimate goal of solving the mission. The competitive nature as well as the engaging activities provides a motivating learning environment for students.

Combined with the Learning, Earning and Investing® print materials, the Gen I Revolution provides a comprehensive investor education program that your students will love.

Have your students Sign Up for The Gen i Revolution:

2010 Annual Conference

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

October 6-9, 2010 
Marriott Biscayne Bay Hotel & Marina,
Miami, FL

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 the more than 600 lessons, and assist students as they explore economic concepts.