Curated OER
Income and Expenses
Students discuss income and expenses. In this instructional activity on money, students define income and expenses, after whith they keep track of their income and expense transactions on a basic ledger.
Museum of Science
Cookie Mining
Knock a chip off the cookie. Learners purchase a property to mine and mining tools. Pupils use their tools to mine chocolate chips out of a cookie for 5 minutes and return cookie fragments to its original site. After the time is over,...
Curated OER
Accounting: Changes That Affect Owner's Equity
Students study transactions that affect the owner's equity of a proprietorship. They explore revenue, expenses and withdrawals and how they fit into the accounting equation. They complete online activities and a quiz.
Curated OER
Raising Money for Government Services
Students evaluate how money is raised to pay for government services. They describe why governments need revenue to provide goods and services. They create a list of government expenditures at the federal, state and local levels. They...
Curated OER
The REAL Cost of College
Learners explore the cost of college and how to plan and save. In this money management instructional activity students do research on the cost of college, learn about making financial choices, earning, spending, saving, investing and...
Curated OER
Taxes: Where Does Your Money Go?
Students study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into taxes...
Centennial College
Break-Even Analysis Worksheet
In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...
Curated OER
What's Our Department Budget?
Analyze the influence of culture, media, technology, and other factors on health and examine a hospital budget. Learners will create a budget for a hospital taking in account factors such as staff and departmental needs and necessary...
Curated OER
COULD YOU START A BUSINESS?
High schoolers learn how a business starts and finds financial independence. In this lesson, students learn the struggle of financial management, the costs of running a business and how to keep a budget.
Council for Economic Education
The Role of Government: The Federal Government and Fiscal Policy
Give learners a crash course in balancing the books on the United States federal government level with an economics and government resource. Class members engage in a warm-up discussion and brainstorming session before answering...
Curated OER
Profit and Loss
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...
Curated OER
Break-Even Analysis Worksheet
In this analysis learning exercise, students solve accounting problems when provided with variables to be used in computations. Using data provided, students must answer questions showing they understand key terms such as fixed and...
Curated OER
Good News and Bad News: Income and Taxes
Students examine Internal Revenue Service (IRS) Form 1040, citing particular line items that are pertinent to an artist acting as an entrepreneur. They explore various sources of income and the importance of keeping accurate income records.
Curated OER
Earned Income Credit
Students distinguish between tax deduction and tax credit, explain how the earned income credit affects the tax liability, apply requirements to claim the earned income credit, and describe factors that determine the amount of the earned...
PBS
Could You Start a Business?
High schoolers learn how a business starts and finds financial independence. For this lesson, students learn the struggle of financial management, the costs of running a business and how to keep a budget.
Curated OER
Charter Schools: Can They Survive in Utah?
Young scholars discuss the challenges charter schools face in receiving similar funding as districts. They explore possible policy solutions to the problems faced by Utah's charter schools. They Investigate how government services affect...
Curated OER
Louisiana Purchase
Students explore U.S. territorial expansion. In this Louisiana Purchase lesson, students investigate how the purchase was funded and determine how diplomatic actions were part of the land transfer. Students analyze several primary...
Curated OER
Building Tolerance for Poverty in Math
Students explore approximate and exact solutions. In this interdisciplinary lesson, 6th graders will be placed in 'family groups' to create a budget that is subject to random events as chosen from the 'things happen' box. This lesson...
Federal Reserve Bank
FRED in the Classroom: Debt and Deficit
Here is a hands-on activity where your class members will discover different ways to measure the government's financial situation and work to add data and redraw graphs in order to calculate the ratio of gross federal debt held by the...
Curated OER
Complete Adjustment Column of a Worksheet
Students take turns reading pages in their Accounting text concerning worksheets. They watch as the teacher demonstrates the concept-starting with two, buying 4 and ending with one, they see that the one remaining box must be considered...
PLS 3rd Learning
Complete Adjustment Column of a Worksheet
Accounting is a vital skill for personal finance management and when running a business. As part of a larger lesson, learners fill out the adjustments column of an accounting worksheet. They practice keeping records on a real budgeting...
Curated OER
Your Tax Dollars at Work
In order to understand how tax dollars are spent, young economists use given data and graph it on a circle graph. Circle graphs are highly visual and can help individuals describe data. A class discussion follows the initial activity.
Curated OER
A Royal Wedding: Facts, Figures and Basic Economics
The upcoming royal wedding can lead students on an exploration of economics and finances.
Curated OER
Account-Recording Adjusting/Close Entries(Service Bus.)
Students participate in a number of activities to learn how to adjust general ledger accounts and journal closing entries.