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Math in the Real World

Many economics and personal finance concepts overlap with math curriculum, but economics and personal finance teachers are not trained to teach complex calculations and formulas, and math teachers may not focus on the personal finance and economic applications. A new CEE resource, Math in the Real World, brings together the expertise of math teachers and economics teachers to create interdisciplinary lessons that teach important personal finance and economic concepts in the context of math lessons.

Lesson

Compound Interest

Key Concepts: Balance of Trade and Balance of Payments, Credit, Interest…
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Saving

Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Roles of Government
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Spending Multipliers

Key Concepts: Aggregate Demand, Balance of Trade and Balance of Payments, Consumers…
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Rates of Change

Key Concepts: Business Costs and Revenues, Profit
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Exchange Rates

Key Concepts: Depreciation of a Currency, Foreign Exchange
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Break-Even Analysis

Key Concepts: Business Costs and Revenues, Goods and Services, Profit
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Profit Maximization

Key Concepts: Decision Making/Cost-Benefit Analysis, Demand, Profit…
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Earning Credit

Key Concepts: Credit, Interest, Risk and Return
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How is Our Economy Doing?

Key Concepts: Balance of Trade and Balance of Payments, Credit, Employment and Unemployment…
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It Pays to Stay in School

Key Concepts: Balance of Trade and Balance of Payments, Choice, Division of Labor/Specialization…
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Why Adopt a Highway?

Key Concepts: Decision Making/Cost-Benefit Analysis, Market Structures, Roles of Government
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Activity