Consumer Action
Talking to Teens About Money
Your teenagers are probably very good at spending money, but how good are they at managing it? Teach class members about banking, checking accounts, interest rates, car insurance, and many other relevant concepts with a series of...
Curated OER
Barter vs. Money
First graders listen to the book, Sheep in a Shop, that leads them to think about making financial decisions, trading, and the barter system. After the book is read aloud, a discussion ensues about some of the things that the sheep...
Federal Reserve Bank
The Free Silver Movement and Inflation
Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...
EngageNY
Conducting a Simulation to Estimate the Probability of an Event
How can you complete a simulation when it is not practical to determine the probability of an event? Class members learn that in some situations, it is not feasible to find the probability of an event, but they can estimate it by running...
Carolina K-12
Barter and Money
You want five pigs, but you only have four bails of hay. How will you manage to get what you want? A great simulation begins this lesson with why the use of money has replaced the process of bartering. Then, after indulging in a comic...
Curated OER
Try a Money Bee for a "Change"
Students take the spelling bee format and adapt it to provide practice in making change and work on their money skills. They simulate the process of making purchases with money and making change as necessary to complete the purchase.
Curated OER
Money Versus Trade
Learners discover the importance of exchanging money in a market. For this economics lesson, students discover natural resources and how one can barter with those resources. In addition, learners complete worksheets and discover the...
Code.org
Looping and Simulation
Young computer scientists continue programming with while loops by creating a program to simulate coins flipping.
EngageNY
Conducting a Simulation to Estimate the Probability of an Event II
Add some randomization into simulations. The 11th installment in a series of 25 presents two new methods to use in simulations--colored disks, and random numbers. Pupils use random numbers to run simulations where the probabilities make...
Curated OER
"Money In My Pocket"
Second graders assess a brief history of money, the use of money, working with money as well as adding and subtracting with money and how to spend money wisely with responsibility. In addition, they discuss how everything belongs to God...
Curated OER
Probability and Applications of Simulations
Middle schoolers apply properties of probability to the real world. In this probability lesson, learners simulate the construction of empirical distribution. They collect and analyze data using central tendencies.
Curated OER
Presidential Elections: A Simulation
Feeling ambitious about getting your scholars examining the election process? While this presidential election simulation will take preparation, the ensuing enthusiasm will be worth it! Using one or more large classes, 12th graders are...
PBS
What Is Money?
Early learners participate in a bartering activity during which they make connections to money and consumer concepts. They simulate buying and selling situations with one another then visit an exhibit at the Federal Reserve Bank of...
Curated OER
Money Simulation (mini economy)
Students participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.
Carolina K-12
Personal Financial Literacy: Saving and Investing
When should you save, and when should you invest? In considering this question, your class members will also learn about the time value of money, inflation, compounded interest, and income/growth investments. The resource also outlines...
Curated OER
Trading Post Simulation
Students explore the concept of trade. In this trade lesson, students simulate a trade store. Students are divided into two groups. Half the class runs the store, half the class are customers. Students try to trade goods and services in...
Curated OER
Show Me the Money
Learners study the monetary value of a penny, nickel, and dime. They simulate a candy store by calculating the proper amount of money needed to purchase candy. After viewing a video, they complete the "Handful of Coins" pictograph .
Curated OER
Managing Your Money
Students use the internet to gather information on saving money. They describe the history of money and the responsibilities of the United States Mint. They list their own personal goals and keep a journal as they operate a lemonade...
Curated OER
Articles of Confederation Game
Why did the Articles of Confederation fail? Your historians will find out firsthand through this simulation activity, during which they will use money (consider using extra credit) to demonstrate the inherent flaws. It's simple: each...
Curated OER
Take Action Haiti
Using an online internet simulation, learners will role-play various members of a family living in rural Haiti. The objective is to increase global awareness by requiring them to consider poverty as an obstacle to education in Haiti....
Carolina K-12
The Federal Reserve and Monetary Policy
How does the Fed manipulate the money supply in the United States? After reading a comic book on monetary policy and answering guided questions, your class members will participate in an interactive online simulation in which they will...
Curated OER
Money Math
Learners explore the use of money in daily life. Through activities and real-life simulations, students write and balance a checkbook, explore the importance of budgeting, saving, and expenses. Using spreadsheet technology, they examine...
Curated OER
How Much Is It?
Students explore foreign currencies. In this foreign currencies lesson, students simulate travel to another country and determine the value of the US dollar compared to other countries. Students use a conversion table and search Internet...
Shodor Education Foundation
Estimating With Fire
Watch the damage from a forest fire in this interactive simulation activity that challenges learners to estimate the burn area using different approaches. Learners are given a worksheet to track the different burn patterns and practice...