Use the lesson or assign the online module. 

Online Module
Description:
Students solve word puzzles requiring varying degrees of knowledge. They discover that more knowledge (human capital) leads to more productive outcomes. The students identify ways in which people invest in human capital and the link between investment in human capital and earning income.

Estimated completion time: 20 minutes.

Lesson
Description:
Students produce name tents, with each of four groups given different directions to highlight different levels of human capital. The students identify ways in which people invest in human capital and the link between investment in human capital and earning income.
• Go to http://www.stlouisfed.org/education_resources/its-your-paycheck-curriculum-unit/
(It’s Your Paycheck! Curriculum Unit).
• Use “Lesson 1: Invest in Yourself” (pdf) and the accompanying whiteboard or PowerPoint slides.