Federal Reserve Bank
The Fed Is Protecting Your Money
A dollar bill, a check, a credit card, and... a cow? What exactly are the various forms of payment that exist today? Your learners will identify the three functions of money in this instructional activity. In addition, they will...
Curated OER
How Banks Create Money
Learners participate in a simulation game to discover the role of banks in creating checkbook money through lending practices. They play a lending and borrowing game and use a money multipiler equation to solve problems associated with...
Federal Reserve Bank
Making Sense of the Ups and Downs of Prices
What are the consequences and costs of inflation? What is CPI, and how do we calculate it? This resource answers these questions in an organized and in-depth manner, and also includes a worksheet of follow-up questions designed for...
Federal Reserve Bank
Could It Happen Again?
The final instructional activity in a series of six about the Great Depression focuses on the Federal Reserve's role in stabilizing the economy.
Curated OER
The Bank of Good Habits
Young scholars explore investing and saving. In this investing lesson plan, students identify their own financial goals and hurdles to success, calculate interest, and simulate banking and investing transactions. Incentive certificates,...
Curated OER
My Money
Students identify and interpret the relationships between various components of currency, discusses the uses of money, and provides advanced lessons on making change. They also identify the various ways that money is used and how to use...
Federal Reserve Bank
Bunny Money
Teach your class about saving, spending, and goal setting with a story about a couple of bunnies who went shopping and related activities. Learners keep track of the bunnies' spending, practice identifying long- and short-term savings...
Federal Reserve Bank
Less Than Zero
Perry the penguin wants to buy a new scooter, but he doesn't have any funds! Walk your kids through the short book Less Than Zero, and have them track his borrowing, spending, and saving on a line graph while you read. Pupils will learn...
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
Curated OER
Risk-It
Students participate in a game in which they are introduced to the Federal Reserve system. After indentifying new vocabulary, they decide which categories to choose from and select a spokesperson for each team. They play the game...
Curated OER
There's No Business Like Bank Business
Students participate in a role play where they see how a bank works and how interest is paid by having money in the bank. In this bank lesson plan, students operate a bank and learn about saving, accounts, deposits, withdrawals,...
College Board
2001 AP® Macroeconomics Free-Response Questions
The European Union has had a profound effect on world economic dynamics. A structured inquiry investigates its impacts on global interest rates. Other authentic testing materials from College Board explore banking reserve requirements...
Visa
Credit Cards
Choosing your first credit card can often be an intimidating and confusing experience for young adults. Give your pupils the foundational knowledge they need for tackling this process head-on, including learning to...
Curated OER
Balance of Power
Young scholars explore the impact of the Federal Reserve Bank. In this central bank lesson, students read specific selections out of their textbooks about the history of the bank and its role in the U.S economy. Young scholars then...
Federal Reserve Bank
Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
Federal Reserve Bank
Sky Boys: How They Built the Empire State Building
How tall is the Empire State Building? Lead your class through a collaborative estimation activity to determine the number of quarters it would take to reach the top and teach the following concepts: human capital, human resources,...
Federal Reserve Bank
So How Much Are You Really Paying for that Loan?
Loans are rarely provided without a cost. Pupils evaluate the high cost of using a payday loan or payday advance through discussion and worksheets, and finally work in groups to develop short public service announcements...
Federal Reserve Bank
Monster Musical Chairs and Scarcity
Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.
Federal Reserve Bank
The Great Inflation: A Historical Overview and Lessons Learned
Your young economists will explore the roots of fears about high inflation by learning the effects of rising prices during the world wars and in particular the Great Inflation of the 1970s.
Curated OER
Do I Have What it Takes to be an Entrepreneur - and is My Community Ready?
Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...
Curated OER
A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"
Young scholars examine the role of money in the colonial economy by participating in a trading activity. In this colonial economy lesson plan, students complete an activity to learn about colonial trade and what happens when there is a...
Curated OER
Monetary Policy
In this Monetary Policy worksheet, learners solve problems with varying reserve requirements and interest rates, then complete balance sheets for the Federal Reserve Banks.
Federal Reserve Bank
Worth!
Before loaning a friend money, what factors would you consider and why would you lend it? Your young economists will face questions like these in a lesson on banking, profit, risk, and reward, which includes the reading of the book...
Federal Reserve Bank
The Case of the Shrunken Allowance
An allowance is an important thing! Make sure your kids know how to save and spend their own money. Using the book The Case of the Shrunken Allowance as a starting point, this plan covers income, spending and saving, counting, and more.