Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 6-8

Lesson

It Pays to Stay in School

Time: 60 mins,

Updated: March 24 2021,

Author: Cheryl McGaughey

Teacher Version

Objective Standards Summary Resources Procedure

Objective

Students will be able to:

Examine and compare several incentive programs encouraging students to stay in school.
Recognize the benefits of staying in school from different perspectives.
Discover how economic disincentive programs can also be used to motivate students to stay in school.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards

Concepts

Balance of Trade and Balance of Payments, Division of Labor/Specialization, Incentives

In this personal finance lesson, students will analyze and develop stay-in-school incentive programs for a group of students.

Resources

Procedure

Click NEARPOD VERSION: IT PAYS TO STAY IN SCHOOL to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!

Subjects:

Grades 6-8

Dinner Discussions at Maggie Walker's House

Students study historic objects, photographs and documents, research influential members of the African American community and role-play a dinner party...

Key Concepts: Banking, Decision Making, Entrepreneurship…

3 class periods

Lesson

See Lesson