Curated OER
Money & Work
Twelfth graders explain basic information concerning financial investments. They identify consumer rights and responsibilities and effective practices for purchasing consumer goods, services, housing and insurance. They list steps in...
Curated OER
The Case of the Gigantic $100,000 Bill
Pupils investigate the money creation process and calculate the upper bound of the money creation process using a money multiplier. In this money creation lesson, students use a imitation $100,000 bill. Pupils demonstrate successive...
Curated OER
Water Down the Drain
Did you know that leaky faucets waste $10 million worth of water? Conservationists perform an experiment and draw best-fit lines to explore how the US Geological Society determined this value.
Curated OER
Earning an Income
Fourth graders study the role of money in society and define how to earn an income. In this human capital lesson, 4th graders read the book Shoeshine Girl and discuss it. Students discuss various economic concepts and complete the...
Curated OER
Simple Interest
For this simple interest worksheet, students use the interest formula to find missing values. They determine interest, principal, interest rates, and time borrowed. This one-page worksheet contains 12 problems.
Curated OER
Calculating Interest
Students explore the concept that when money is borrowed, people pay to use it because someone else is losing an opportunity to use it while they have it. What you pay to use the money is called interest. The rate of interest is a...
Curated OER
Use Negative Numbers
In this problem solving learning exercise, students read and solve 6 story problems pertaining to borrowing and paying back money. Students use instead simple subtraction and addition. No answers will be negative numbers.
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Interest Word Problems
In this interest activity, 7th graders solve 10 different problems that include word problems and determining interest rates. First, they determine the principal paid on a certain amount of money borrowed. Then, students determine how...
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Subtract Across Zeros
In this subtraction worksheet, students read 6 story problems in which larger numbers are subtracted with borrowing across zeros.
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Penny Pinchers
Students, by participating in a classroom toy store, are introduced to the penny.
Curated OER
Give Me Five, Cents That Is
Students explore coins, especially the nickel, through a toy cash register, worksheet, and paper nickels.
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 that outline the...
Curated OER
Interest Rates
Use a KWL chart and discussion to explore the concept behind loans with interest based on percentage rates. Learners examine different types of interest, the history of interest loans and calculate the costs of a loan over a ten-year...
Curated OER
The Federal Reserve
Students explore the role of government in the economy market. In this economics instructional activity, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they...
EngageNY
Buying a Car
Future car owners use geometric sums to calculate payments for a car loan in the 31st installment of a 35-part module. These same concepts provide the basis for calculating annuity payments.
Curated OER
Interest Rate Assignment
In this personal finance worksheet, students use their problem solving skills to calculate interest rates for loans of different lengths of time.
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Interest Rates Worksheet
In this economics worksheet, students use their problem solving skills to calculate monthly payments, costs of loans, and interest charged.
Curated OER
Debit or Credit-You Decide
Students identify the similarities and differences between an debit and credit card. In this debit or credit lesson plan, student explain the advantages and disadvantages of using cash and consumer credit to purchase good and services...
Federal Reserve Bank
Credit Reports—and You Thought Your Report Card Was Important
Get the facts about credit and take a close look at what factors into a consumer credit report with this fantastic lesson. Your pupils will read informational texts, read sample financial documents, and discuss the advantages and...
Federal Reserve Bank
Traditional Versus Shadow Banking
Here is a detailed breakdown of the traditional banking system, including the roles that intermediaries play as brokers and in making loans, as well as an introduction to the parallel system of shadow banking.
Curated OER
Calculating Simple Interest
Interest can be both a best friend and an enemy...show your learners how it can manifest through this set of 10 word problems. For each, they calculate time, principle, interest, or rate and choose an answer from multiple choice...
Illustrative Mathematics
Bookstore Account
We use debt often to describe negative numbers and your learners will be able to see how it translates into math. They will be asked to go through a series of transactions and make simple equations for each one, following it with a...
Council for Economic Education
Balance of Payments (BOP)
Have you ever checked your clothes to see how many nations created them? Pupils take a deeper look at international trade and the balance of payments nations have with one another. They use calculations, simulations, and primary sources...