Collection
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

Students learn what compound interest is, how it is calculated,…
Key Concepts: Balance of Trade and Balance of Payments, Credit, Interest…
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Saving

Students take an interest inventory test that gives them a…
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Roles of Government
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Distribution of Income

Students engage in a simulation to explore how productivity influences…
Key Concepts: Distribution of Income, Income Distribution, Productivity
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Spending Multipliers

Students learn the definition of marginal propensity to consume and…
Key Concepts: Aggregate Demand, Balance of Trade and Balance of Payments, Consumers…
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Rates of Change

This lesson uses a classic video clip to introduce variable…
Key Concepts: Business Costs and Revenues, Profit
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Exchange Rates

Students describe and identify where certain items they own come…
Key Concepts: Depreciation of a Currency, Foreign Exchange
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Deriving Marginalism

This lesson creates a connection between derivatives and marginalism. Students…
Key Concepts: Business Costs and Revenues, Profit
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When Graphs Mislead Us

Students view a video and answer questions about Gross Domestic…
Key Concepts: Economic Development, Fiscal Policy, GDP
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Profit Maximization

In this lesson students solve an optimization problem based on…
Key Concepts: Decision Making/Cost-Benefit Analysis, Demand, Profit…
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Break-Even Analysis

Students participate in a group activity in which they are…
Key Concepts: Business Costs and Revenues, Goods and Services, Profit
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Earning Credit

Students participate in a series of activities that provide them…
Key Concepts: Credit, Interest, Risk and Return
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How is Our Economy Doing?

Students learn the meaning and measurement of six important…
Key Concepts: Balance of Trade and Balance of Payments, Credit, Employment and Unemployment…
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It Pays to Stay in School

This lesson examines some of the incentive programs being…
Key Concepts: Balance of Trade and Balance of Payments, Choice, Division of Labor/Specialization…
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Why Adopt a Highway?

Students learn about the successful Adopt-a-Highway program and how it…
Key Concepts: Decision Making/Cost-Benefit Analysis, Market Structures, Roles of Government
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Activity

Break-Even Analysis Activity

This interactive graphs the break-even point using the equation, Breakeven…
Key Concepts: Decision Making/Cost-Benefit Analysis, Goods and Services, Profit
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Taxes and Income

This interactive can be used to review progressive, regressive and…
Key Concepts: Income Distribution
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Income Distribution

Students create an income distribution for a fictitious country to…
Key Concepts: Distribution of Income, GDP, Income Distribution
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