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Resources Recommended by Barb Flowers

Barb Flowers is an economic education coordinator at the St. Louis Fed.

For Elementary School Classrooms

Alexander, Who Used to Be Rich Last Sunday Lesson for Grades K-2
In the story, Alexander, Who Used to Be Rich Last Sunday, Alexander receives a dollar from his grandparents that he plans to save, but he spends it all, a little at a time. In this lesson, students count by twos to fill a container with 100 pennies. They listen to the story and as Alexander spends his money, students come up and remove the correct number of pennies from a container. Students discuss the choices that Alexander made and give advice on how he could save his money to reach his goal of buying a walkie-talkie.

Ella's Adventures Online Courses for Grades 2-4
It's never too soon to begin teaching basic financial concepts, such as decision-making and saving, to young students. Ella's Adventures allow your students to follow young Ella as she learns important life lessons.

Explore Economics Video Series for Grades 3-5
Explore Economics is a series of short videos that introduce upper-elementary and middle-school children to economic concepts.

Girl Scout Activities for Earning Financial Fundamentals Badges
Econ Lowdown resources can help your Girl Scout earn several badges related to economics and personal finance. Educational experts from the Federal Reserve Bank of St. Louis worked with the Girl Scouts of Eastern Missouri to create activities and lessons to help Girl Scouts of all ages earn badges and leaves.

Sky Boys: How They Built the Empire State Building Lesson for Grades 3-5
In this lesson, students learn about human resources, productivity, human capital, and physical capital. They participate in three rounds of a reasoning activity. From round to round they receive training and tools to help them improve their reasoning ability and thus increase their productivity. Students will then listen to a story about how the Empire State Building was built and identify examples of key concepts mentioned or shown in the book.

For Middle School and High School Classrooms

Barbie® in the Labor Force Lesson
In this lesson, students use primary documents to review historical trends in women's share of the labor force and chosen occupations. Using Barbie careers as a timeline, they speculate as to why Barbie represented certain careers for girls at different points in time since 1959. They choose which career Barbie might represent next year and explain that choice in a one-page essay.

Comparative Advantage Online Course
In this course, you will meet Jack Of All Trades, a most awesome superhero. In all tasks, Jack can do everything better and faster (he has absolute advantage), but does that mean he must do everything while the rest of the people stand around helplessly? Find out if justice is served when a formerly idle citizen, Andy, wades through the depths of opportunity cost and the benefits of comparative advantage.

Circular Flow - Episode 6 of the Economic Lowdown Video Series
In this episode, economic education specialist Scott Wolla explains the circular flow model. Viewers will learn how households and businesses interact in the market for resources and in the market for goods and services, and see how money keeps the whole process moving.

Diversification and Risk
Students are given a portfolio of investments, and they assess the relative risk associated with the products in their portfolios. They later determine which savings and investment instruments might be most suitable for clients of different ages and economic status.

Fed Board Builder
In this activity, students evaluate 22 fictional candidates and select seven to recommend to the president of the United States to fill vacancies on the Federal Reserve Board of Governors.

Fractile v. Equal Lesson for Grades 7-10
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.

Time Value of Money Online Course
Time Value of Money is designed to help students in economics, math and personal finance classes through what is often dry, mathematical content by featuring student-oriented language, program interactions, checks for understanding and video. This course will enhance students' in-class study of present and future value and also serve as a tutorial for those students who struggle with the concepts.

More:

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Questions?

You can contact Barb at 314-444-8421 or Barbara.Flowers@stls.frb.org.