Title of the Lesson: Money Grade Level: 8th Grade Objective: Students will be able to understand and identify the different forms of money, their value, and how they are used in transactions. Teaching Strategies and Materials: – Lecture and discussion – Use of multimedia (videos and images) – Group work/activities – Worksheets and handouts Resources … Continue reading Money – Different Forms, Value, and How Used
Economics Lessons
Welcome to our page on economics! We believe that understanding the principles of economics is essential to building a strong foundation in financial literacy. Our resources are designed to provide a comprehensive understanding of economics, including microeconomics, macroeconomics, and personal finance. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to make informed decisions about their financial future. From understanding supply and demand to exploring global markets, our materials will help students develop a deep understanding of economic principles and their real-world applications.
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What is the Federal Reserve Lesson
What is the Fed and what does it do? In this lesson, students learn the role of the Fed, or Federal Reserve, which is the central bank of the United States, in managing the economy and preventing financial crises through monetary policy. It covers the various ways the Federal Reserve regulates financial institutions, influences interest … Continue reading What is the Federal Reserve Lesson
Understanding the Debt Ceiling (Debt Limit) and the National Debt of the United States
The lesson explains the concept of the debt ceiling, or debt limit, and the national debt, their implications on the US government’s financial operations and the potential consequences of hitting the debt ceiling. It also discusses extraordinary measures and possible solutions to address the national debt, including raising the debt ceiling, cutting spending, increasing revenue … Continue reading Understanding the Debt Ceiling (Debt Limit) and the National Debt of the United States
What is a Slowcession – Slow Recession Lesson
The lesson is about understanding what is a slowcession. With a slowcession, or slow recession, economic growth slows down, but an economic downturn is avoided. CONCEPTS Use this video lesson on the topic of slowcession. With a slowsession, or slow recession, the Federal Reserve’s plan to raise interest rates hopefully helps lower inflation without causing … Continue reading What is a Slowcession – Slow Recession Lesson
What is Currency? Exchange Rates
This lesson covers the concept of currency, including its role in an economy as a medium of exchange and store of value, and different types of currency such as traditional currencies and digital currencies like Bitcoin. It also covers the foreign exchange market and how it determines the exchange rate between different currencies, as well … Continue reading What is Currency? Exchange Rates
What is Yield? How to Calculate
Learn the basics of investment yield, definition of yield, and how to calculate the percentage yield formula for bonds and stock dividends. CONCEPTS Use this video lesson on the topic to discuss the financial terminology and basic economic and related concepts of Yield Investment Return Bonds Stocks PROCEDURE Hand out the worksheet below (see the … Continue reading What is Yield? How to Calculate
How to Prepare for a Recession
Learn the basics of how to prepare yourself for a recession, economic loss, or potential job loss. Learn important steps and tips to help prepare and protect yourself for a decline in the economy, a layoff, job loss, unemployment, or other related event. CONCEPTS Use this video lesson on the topic to discuss the financial … Continue reading How to Prepare for a Recession
What Interest Rate Increases Mean for You
What to expect as the Federal Reserve (the central bank of the United States) increases interest rates. How it impacts your budget, and your money. Understand why the Federal Reserve is increasing rates, so we all will see our borrowing costs potentially rise. Here are some ways that rate hikes could affect you, your money, … Continue reading What Interest Rate Increases Mean for You
Types of Money | Commodity, Representative, Fiat, and Bank Money
What is money? Economists differentiate among several different types. Learn about the four main types of money including commodity money, representative money, fiat money, and bank money. Also learn why intrinsic value is important for understanding the types of money. CONCEPTS Use this video lesson on the topic to discuss the basic economic concepts of … Continue reading Types of Money | Commodity, Representative, Fiat, and Bank Money
Main Functions of Money
Learn what is money and what are its four main functions. Money serves all these functions: it is a medium for exchange, store of value, unit of account, and standard for deferred payments. CONCEPTS Use this video lesson on the topic to discuss the basic economic concepts of Money Barter Inflation PROCEDURE Hand out the … Continue reading Main Functions of Money