Economic Education
Middle School Economics
E-mail Alert for Middle School Lesson Plans, Activities and Resources
- No-Frills Money Skills Video Series Growing Money
watch the video
In this first episode of the No-Frills Money Skills video series, economic education specialist Kris Bertelsen explains compound interest, or "Growing Money."
This new video series will cover a variety of personal finance topics using clear, simple language, and graphic elements so that students can better visualize the
personal finance content being presented.
- Journey to Jo'burg: A South African Story
lesson
(.pdf, 14 pgs., 1.7 MB)
Students read the story Journey to
Jo'burg: A South African Story and learn about effects of apartheid in South Africa. They also learn about the
relationship between investment in human capital and income by examining several
careers and the skills required for those careers. Using math skills, students compare
the number of people in various occupations and interpret and analyze educational
attainment data from graphs and tables. (Book written by Beverly Naido / ISBN: 0-590-45384-X)
- Economics and Personal Finance Glossary
online glossary
An economics and personal finance glossary has been added to our website. Our goal is to assist teachers and students with a comprehensive
list of terms. If you can't find a term, please notify Barb at
barbara.flowers@stls.frb.org.
- Scraps of Time 1960: Abby Takes a Stand
lesson
(.pdf, 14 pgs., 238 kB)
whiteboard
(.notebook, 20 kB)
Students read about incidences of racial discrimination and how those incidences were met with methods of protests. They
engage in an activity that matches programs for low-income people with the type of economic inequity the program addresses
and observe an activity simulating tax payments and transfers. (Book written by Patricia C. McKissack / ISBN: 0-14-240687-2)
- Abraham Lincoln and the Five-Dollar Note
lesson
(.pdf, 28 pgs., 971 kB)
Students participate in a puzzle activity to identify leadership characteristics that Abraham Lincoln possessed. They
review the changes in the redesigned $5 note and consider how Lincoln's leadership characteristics contribute to the
fact that he is pictured on the $5 note. Students look at a timeline of Lincoln's life and identify significant events
in his road to the White House. They play a game to review content learned in the lesson.
- Currency and the Fed
lesson (.pdf, 22 pgs., 1.2 MB)
Students consider who is pictured on the different denominations of U.S. currency and why. They participate in an activity
to identify functions of basic, everyday items and then identify and explain the functions of another basic, everyday item—money.
Students learn some basic facts about money as well as some basics about the Federal Reserve System. In addition, they describe
the Federal Reserve's role in the distribution of money by identifying features of the $5 note.
- Fractile vs. Equal
lesson (.pdf, 14 pgs., 98 kB)
Students work with data that represent the ages of 24 people to learn the difference between categorizing data in fractile intervals
and equal intervals. Students discuss dividing bonus points among class members to understand what per capita means. Then students
look at per capita personal income by state using the GeoFRED mapping tool. They compare per capita personal income displayed with
data in equal intervals and with data in fractile intervals.
- Glossary of Economics and Personal Finance Terms
online glossary
An economics and personal finance glossary to assist teachers and students with a comprehensive list of defined terms. If you can't find a
term, please notify Barb at barbara.flowers@stls.frb.org.
- Journey to Jo'burg: A South African Story
lesson
(.pdf, 14 pgs., 1.7 MB)
Students read the story Journey to Jo'burg: A South African Story and learn about effects of apartheid in South Africa. They also learn about the
relationship between investment in human capital and income by examining several
careers and the skills required for those careers. Using math skills, students compare
the number of people in various occupations and interpret and analyze educational
attainment data from graphs and tables. (Book written by Beverly Naido / ISBN: 0-590-45384-X)
- Little House in the Big Woods
lesson (.pdf, 14 pgs., 724 kB)
whiteboard
(.notebook, 203 kB)
Little House in the Big
Woods describes how the Ingalls family produced the goods they needed to survive while living
in a log cabin far from their nearest neighbors. In this lesson, students will define the production function as the combination
of inputs that results in outputs and will identify the inputs as human resources, capital resources, natural resources, and
intermediate goods. (Book written by Laura Ingalls Wilder / ISBN: 0-06-058180-8)
- Meet Kit: An American Girl
lesson (.pdf, 10 pgs., 629 kB)
whiteboard (.notebook, 93 kB)
Students listen to the story Meet Kit
about a young girl's life in America during the Great Depression. They learn
through discussion and role-playing about the impact that unemployment and reduced consumer and business spending
can have on people's lives. (Book written by Valerie Tripp / ISBN: 1-58485-016-7)
- My Side of the Mountain
lesson
(.pdf, 10 pgs., 629 kB)
whiteboard
(.notebook, 11 kB)
After reading the book My
Side of the Mountain, students discuss the human capital that Sam possessed, the
investments in human capital that he made and why these investments were important. Students work in groups to help
them define and understand the meaning of investment in human capital, and they create a plan for investing in
their human capital. (Book written by Jean Craighead George / ISBN: 0-14-240111-0)
- On the Court with ... Michael Jordan
lesson
(.pdf, 14 pgs., 189 kB)
Students participate in a simulation to learn about choices, alternatives, opportunity cost and human capital. They
learn the PACED decision-making model, apply the model and recognize that learning the model is an investment in their
human capital. (Book written by Matt Christopher / ISBN: 0-316-13792-8)
- Scraps of Time 1960: Abby Takes a Stand
lesson
(.pdf, 14 pgs., 238 kB)
whiteboard
(.notebook, 20 kB)
Students read about incidences of racial discrimination and how those incidences were met with methods of protests. They
engage in an activity that matches programs for low-income people with the type of economic inequity the program addresses
and observe an activity simulating tax payments and transfers. (Book written by Patricia C. McKissack / ISBN: 0-14-240687-2)
- Ten Mile Day
lesson
(.pdf, 23 pgs., 213 kB)
whiteboard
(.notebook, 20 kB)
In this multidisciplinary lesson, students work in small groups ("work crews") while participating in a production activity.
Students learn about competition, division of labor, and incentives. They also demonstrate how division of labor and incentives
help lead to greater productivity. (Book written by Mary Ann Fraser / ISBN: 0-8050-4703-4)
- What is Unemployment, How Is It Measured and Why does the Fed Care?
lesson
(.pdf, 20 pgs., 244 kB)
In this lesson, students read and interpret choropleth maps, which contain unemployment data. They compare verbal descriptions
of the labor market from the Federal Reserve's Beige
Book with the mapped data. In addition, students compare unemployment data for different years. Students access or observe how to
access this data online.
- Glossary of Economics and Personal Finance Terms
online glossary
An economics and personal finance glossary to assist teachers and students with a comprehensive list of defined terms. If you can't find a
term, please notify Barb at barbara.flowers@stls.frb.org.
- 'Calculating Value' Video
watch the video
How much money should you save today in order to have $10,000 in 10 years? If you won the lottery, how will you decide
whether to take the lump sum payment? To answer these questions, you need to understand present and future value. Watch
an economist from the St. Louis Fed explain.
- National Economic Education Video Competitions
learn more about the current
competition
- No-Frills Money Skills Video Series
watch the videos
This video series covers a variety of personal finance topics. The brief videos use clear, simple language, and graphic elements
so that viewers can better visualize the personal finance content being presented. In the end, they will see how important these
concepts are to their everyday lives.
- Bessie B. Moore Center for Economic Education at University of Arkansas
Economic education resources including teacher training and curriculum development, consultant services for education and
business communities, and information and resources for educators who teach economic and financial education.
- Center for Economic Education at the University of Nebraska at Omaha
Economic education resources for economics teachers from K12 to college/university level, as well as links to other web sites with economic
education resources.
- Center for Entrepreneurship and Economic Education
Sponsored by the University of Missouri-St. Louis and affiliated with the Missouri Council on Economic Education.
- Econ
Illinois
Economic education resources for K-12 educators including professional development programs and materials.
- EconEdLink
Classroom-tested, Internet-based economic lesson materials for grades K-12.
- Economics
Arkansas
Economics Arkansas (through the Arkansas Council on Economic Education) is a private, non-profit, non-partisan, educational organization
founded in 1962 by Dr. Bessie B. Moore to promote economic literacy in Arkansas.
- Foundation for Teaching Economics
Economic education resources including content outlines, classroom activities and teacher materials from FTE courses.
- GeoFRED®
Enables users to create thematic maps of U.S. economic data by state, county or metropolitan statistical area.
- H.I.P.
Pocket Change
The U.S. Mint's economics education site for kids.
- Jump$tart: Financial Smarts for Students
Activities, information and resources from the Jump$tart Coalition for Personal Financial Literacy, which promotes personal finance
education for grades K-12.
- Missouri Council on Economic Education
Economic education resources for K-12 educators including professional development programs and materials.
- The
Stock Market Game
An electronic educational simulation program designed to help students in grades 4-12 learn more about economics,
finance and the American economic system.
- U.S. Bureau of Engraving and Printing
Official site.
- U.S.
Mint
Official site.