EconEdLink maintains a large library of online economic and personal finance resources for K-12 teachers & their students.
Students listen to the book Uncle Jed's Barbershop, about an African American barber who, despite significant setbacks, saves enough money to buy his own barbershop. From the story, students learn about saving, savings goals, opportunity cost, and segregation. The students participate in a card game to further investigate what it takes to reach a savings goal.
In the story, A Chair for My Mother, a little girl and her family save money in a jar to buy a chair after their furniture is destroyed in a fire. In this lesson, students will learn that characters in the book are human resources who save part of the income they earn. Students will identify other human resources and state how the mental and physical work of those human resources allows them to earn income. Finally, students name strategies to reach a savings goal.
This lesson helps students better understand immigration, a major issue in the 2016 presidential election. Students learn how to evaluate economic and non-economic factors of immigration by assuming the roles of people who are affected--some positively and some negatively--by the migration of skilled and unskilled workers. They analyze the economic causes and effects of migration in relation to several important public policy issues, including the impact of immigration on wages in the United States and of emigration on developing nations.
When, if ever, should the nation prioritize balancing the federal budget?
Is there a fair and efficient way to fund and maintain the public services we want?
How do we know if we are getting good value out of the money we spend on defense?