Council for Economic Education
You Can BANK on This! (Part 2)
This is part two in a four-part instructional activity on banking and personal finance. In this instructional activity, learners analyze whether or not they have made a good purchase, then discuss how to make an informed decision about a...
Federal Reserve Bank
Government Spending and Taxes
What types of government programs are designed to improve economic inequity in the United States? Introduce your learners to government programs, such as low-income housing, Social Security, and Medicaid, how they work to improve...
Federal Reserve Bank
Income Taxes
Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...
Virginia Department of Education
Sales Tax and Tip
Don't forget to tip your server. Future consumers learn how to calculate sales taxes and tips. Pairs use actual restaurant menus to create an order and determine the total bill, including taxes and tips.
Curated OER
Sales Tax
Students explore the concept of sales tax. For this sales tax lesson, students work in groups to spend $500. Students calculate the discount and sales tax on each item. Students buy between 5 to 10 items.
Curated OER
What is Taxed and Why
Students are exposed to the need for federal, state and local governments to tax constituents to provide goods and services for their residents. They identify the different kinds of taxes and give examples of the goods and services taxed.
Curated OER
Sales Tax and Discounts
Middle schoolers explore the concept of sales tax and discounts. In this sales tax and discounts lesson, students pretend to gamble in groups to win fake money. Middle schoolers must tax their winnings. Students collect receipts. Middle...
Curated OER
Finding Sales Tax
Seventh graders investigate sales tax. Following a teacher demonstration, they find sales tax and the total cost of items. In groups, classmates choose items from a menu that they would like to purchase. Each student figures the sales...
Curated OER
Taxes
Fourth graders explore the concept of taxes and gather relevant information to become a tax 'expert. In this taxes lesson, 4th graders work in teams to find information regarding different areas in taxes. Students work together to...
Illustrative Mathematics
Buying a Car
Teenagers love to think about driving and buying their first car. The intent of this resource is to create an equation for the list price of a car and add the appropriate state tax. Once your teens understand the calculation, ask them to...
Curated OER
Your Role as a Taxpayer: Why Pay Taxes?
Students evaluate the basic rationale, nature, and consequences fo taxes. They describe why governments need taxes as revenue to provide goods and servicesin this series of activities.
Curated OER
Sales Spreadsheet
Students use Excel spreadsheets to organize purchases, discounts, sales prices, and sales tax. Students follow step by step instructions and enter formulas as well as use the auto sum feature to calculate required calculations.
Curated OER
Micro Economics - Personal Budgeting
High schoolers explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
Curated OER
Family Purchases
Students generate a gift list for their family members making sure the costs remain under budget. They research the cost of items on the internet, calculate sales tax, and determine the total cost for all of the gifts.
Curated OER
Computing Costs
Seventh graders calculate the out-of-pocket money needed to purchase a discounted item taxed at a certain percentage of sales tax.
Curated OER
Let's Go Shopping with $500
Third graders use a worksheet to budget a five-hundred dollar shopping spree. They select goods to purchase, figure totals and then calculate discounts and sales tax. They compare results to determine who purchased the most for his or...
Illustrative Mathematics
Buying Protein Bars and Magazines
Packing for a trip? This activity allows learners to decide how many magazines and protein bars they can buy with twenty dollars. They can organize their work in a chart to track how many items they can purchase. There are two different...
PLS 3rd Learning
Monthly Budget & Operating Costs
What teenager wouldn't want a car? But before they make that big purchase, this exercise helps them to understand the costs involved. It includes a worksheet to calculate expenses like taxes and fees, maintenance, gas and insurance, as...
Curated OER
Cost Effective Buying
Students evaluate energy-related purchases. For this consumer awareness lesson, students visit an appliance store and rank the products' cost effectiveness by using a mathematical formula.
Curated OER
Buying a Car
Eighth graders create spreadsheets to calculate payments. They create a list of items they would like to purchase that require monthly payments. They simulate buying a car and create a spreadsheet to determine the amount of the monthly...
Curated OER
The National Economy - Measures and Models
Students review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.
Alabama Learning Exchange
Investigating School Safety and Slope
Learners investigate the slope of various stairways through a "news report" approach and employ mathematical knowledge of applied slope to report on wheelchair accessibility and adherence to Americans with Disabilities Act. They...
Curated OER
Math and Money
Students explore personal finance. In this middle school mathematics lesson, students investigate banking, income tax, and the cost of living. The lesson includes two bonus lessons on graphing their personal spending habits...
Curated OER
Music Favorites and Place Value
Fourth graders view CD ads and create a chart about an imaginary CD purchase. In this CD lesson, 4th graders calculate various cost connected with the CD's at the regular price and on sale. Students write a paragraph about the...