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EconEdLink maintains a large library of online economic and personal finance resources for K-12 teachers & their students.

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.

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Grade3-5
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Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, demonstrates how to use play dough to teach the concept of scarcity to her 5th grade students using a lesson from Playful Economics by Dr. Harlan Day. Playful Economics is a collection of 15 hands-on lessons that use modeling clay to teach economic concepts from goods and services to GDP and inflation. For more information or to purchase this publication, please visit CEE's store.
Key concepts
Scarcity
Rating
Grade3-5
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There's nothing quite like a song to help students remember new vocabulary. Oh, Scarcity is one of many songs you can find on kidseconposters.com, a website from the Indiana Council for Economic Education. Thank you to Shanan Riegle's fifth grade students at Yorktown Elementary in Indiana for performing this song.

Oh, Scarcity (Lyrics by Martha Hopkins)
Tune: Oh, Christmas Tree

Oh, scarcity! Oh, scarcity!
We can't have all the things we want.
Oh, scarcity! Oh, scarcity!
We cannot have it all.
We really want a lot of stuff.
But sometimes there's just not enough.
Oh, scarcity! Oh, scarcity!
We cannot have it all.
Key concepts
Scarcity
Rating
Grade3-5
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Using play dough is a fun way to introduce new economic concepts and to keep your students engaged. In this video, Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, demonstrates the Opportunity Cost lesson from Playful Economics by Harlan Day. Playful Economics is a collection of 15 hands-on lessons that use modeling clay to teach economic concepts from goods and services to GDP and inflation. For more information or to purchase this publication, please visit CEE's store.
Key concepts
Opportunity Cost
Rating
Grade3-5
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Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, shares tips for creating a mini-economy in the elementary school classroom. As Shanan says in the video, "things that you could never stage in a lesson happen" when your students are responsible for managing their own classroom economy every day. If you would like more information about how to implement a mini-economy in your classroom, please visit the CEE store, and click on the Classroom Mini-Economy by Harlan Day.
Key concepts
Bank, Decision Making, Entrepreneurship, Incentive
Rating
Grade9-12
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By Martha Rush

Students will participate in a brief activity as well as direct instruction that explains the purpose of stocks and bonds from both a corporate and investor perspective. Then they will work in groups to make investment decisions in a structured stock market game set in January 2000. Students will analyze the performance of their investment portfolios over a decade and evaluate their gains and losses, calculating rates of return. Finally, they will evaluate the pros and cons of investing in stocks and bonds, looking at both risk and return.

Key concepts
Bond, Corporation, Dividend, Firms, Rate of Return, Stock
Rating
Grade9-12
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By Amanda Jennings

In this lesson students interpret key features of graphs for both linear and quadratic functions in the context of total and marginal production. The lesson begins with a short video about a young entrepreneur who designed his own line of bowties. Students then predict the relationship between number of workers and production of bowties. Students test their predictions by participating in a production activity making paper bowties. Next, they sketch graphs of their total and marginal product, and describe the key features of their graphs. The lesson closes with students graphing two datasets and deciding which dataset most realistically describes the relationship between number of workers and production.
Key concepts
Law of Diminishing Marginal Returns, Marginal Physical Product (MPP)
Rating
Grade6-8, 9-12
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On January 20, 2016, the Council for Economic Education and the Oklahoma Council on Economic Education conducted a webinar to introduce teachers to the Better Money Habits series of lessons and videos for teaching personal finance to middle school and high school students. This webinar focuses on two lessons: Renting a Place to Live (grades 9-12) and Building a Better Budget (grades 6-8).

Click the play button to view the recorded webinar. You may download the PowerPoint presentation from this webinar here.

For additional information about CEE's award-winning Financial Fitness for Life curriculum, including parent guides in Spanish and English, please visit the publication's website: fffl.councilforeconed.org.
Key concepts
Budget, Expenses, Fixed Expenses, Housing, Variable Expenses
Rating
Grade9-12
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By Lisa Herman-Ellison

College costs have escalated over the past two decades, and many students are relying on student loans to cover the costs. So it is more important than ever to carefully consider the costs of college, anticipated career income, and how to best finance those college expenses. Students must consider the costs beyond tuition, room and board, and books, in order to get a more realistic estimate of total college expenses. In this lesson, students will research the cost of attending two colleges of their choice and learn about hidden costs that are often overlooked when preparing a budget for college.

Key concepts
Choice, Cost/Benefit Analysis, Decision Making, Expenses, Opportunity Cost, Trade-off

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