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Lesson Plan
Curated OER

Income Statement

For Teachers 11th - 12th
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
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Lesson Plan
Curated OER

Preparing an Income Statement

For Teachers 10th
Tenth graders discuss the contents of income statements.  In this accounting instructional activity, 10th graders are introduced to the parts of an income statement.  Students practice filling out the four parts of an income statement,...
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Lesson Plan
Curated OER

Using Credit: Not for a Billion Gazillion Dollars

For Teachers 5th
Fifth graders explore the concept of credit. In this consumer education lesson, the teacher uses the book Not for a Billion Gazillion Dollars to lead the class in a discussion about credit, debit, and income. Students then analyze their...
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Lesson Plan
Curated OER

Accounting: Work Sheet for a Merchandising Business

For Teachers 9th - 12th
High schoolers create a worksheet for a partnership set up as a merchandising business. They identify the beginning of the fiscal periods trial balance amounts, plan and record adjustments to supplies, and merchandise inventory. They...
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Lesson Plan
Curated OER

Financial Statements For A Proprietorship

For Teachers 9th - 12th
Students are introduced to how to successfully set up a propietorship. Individually, they complete a pre- and post-quiz to determine how much they know about the material. To end the lesson, they practice reading a financial statement...
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Lesson Plan
Curated OER

Jesse's Big Change

For Teachers 9th - 12th
High schoolers explain assets, liabilities and expenses. They record information on income statements and balance sheets and brainstorm opportunities to make money work for them.
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Lesson Plan
Curated OER

Economic Activity and Markets

For Teachers 9th - 12th
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
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Lesson Plan
Visa

Nothing But Net: Understanding Your Take Home Pay

For Teachers 9th - 12th Standards
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social security...
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Lesson Plan
Curated OER

Jesse's Ice Cream Stand

For Teachers 6th - 8th
Students discover ways to earn money through business. They explain how to calculate profit using an income statement and evaluate the best price to scoop size combination for profit. They discuss business opportunities for teens.
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Lesson Plan
Curated OER

Profit and Loss

For Teachers 3rd - 5th
Young scholars analyze the concept of profit and loss, the components of a simple profit and loss statement and the importance of a profit and loss statement. They calculate profits using gross income, total expenses and cost of goods...
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Lesson Plan
Curated OER

Small Busines Schemes

For Teachers 9th - 12th
Students investigate a small business and its profitability. In pairs, as they research a business adventure, students consider the capital outlay, maintenance, office space, prices, insurance, and profit and loss statements. Students...
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Lesson Plan
Curated OER

How Do You Analyze a Corporation?

For Teachers 6th - 12th
Students find out how to use annual reports to analyze a corporation whose stock they may buy for the Global Stock Game. They read the investor information section, which provides detailed information about the company's products and...
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Lesson Plan
Curated OER

Small Business

For Teachers 6th - 12th
Students simulate owning and running a small business by playing Lemonade Stands. They play the game for three weeks, then work with a partner to produce a Power Point presentation which would be given to a Board of Directors showing...
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Lesson Plan
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Federal Reserve Bank

Retirement Planning

For Teachers 9th - 12th Standards
It's never too early to start saving for retirement. In fact, the earlier one starts, the better! Use this retirement planning activity to teach the importance of a retirement strategy and why to start at a young age. 
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Lesson Plan
2
2
Federal Reserve Bank

Cash Flow and Balance Sheets

For Students 9th - 12th Standards
What is your car worth? How much do you owe? Individuals create their personal cash flow and balance sheets. They learn the difference between an asset and liability using their personal information to complete the activity.
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Lesson Plan
Curated OER

The Power of Graphical Display: How to Use Graphs to Justify a Position, Prove a Point, or Mislead the Viewer

For Teachers 6th - 8th
Analyze different types of graphs with learners. They conduct a survey and determine the mean, median and mode. They then identify different techniques for collecting data.
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Lesson Plan
Curated OER

Frequency Distributions

For Teachers 11th - 12th
In this statistics worksheet, students solve 5 frequency problems. In four of the problems, the frequency table is provided and students construct one relative frequency table, one cumulative frequency table, and two cumulative relative...
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Worksheet
Curated OER

Analyzing Graphs

For Students 9th - 12th
In this statistics and probability worksheet, students analyze frequency distribution tables or histograms and box and whisker plots.  The two page worksheet contains four multiple choice questions.  Answers are included. 
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Lesson Plan
Curated OER

Saving Private Pensions

For Teachers 6th - 12th
Students consider the importance of financial security after retirement, examine current problems with pension plans in the private sector, research different retirement options, and create a "How it Works" poster.
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Lesson Plan
Curated OER

Thinking About Credit

For Teachers 6th - 8th
Students examine the use of credit such as installment purchases and credit cards. In this credit lesson, students learn the vocabulary associated with credit usage such as mortgage, credit report/score, and debit cards. They determine...
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Lesson Plan
Curated OER

Thinking About Credit

For Teachers 6th - 8th
Students explore the concept of credit. In this credit lesson, students discuss what it means to buy items using credit. Students discuss how interest accrues and how much is really being paid with a credit card. Students calculate...
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Lesson Plan
Curated OER

Comparison Food Shopping: Buying Groceries for Two People for One Week

For Teachers 12th
Twelfth graders investigate how to develop a simple food budget for two using newpaper ads, the basic four food groups, and calorie counts.

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