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Grade 9-12, Higher Education

On-Demand Webinar

Economic Fundamentals: 6 Common Sense Principles

Time: 60 mins,

Presenter: Tawni Ferrarini

Teacher Version

Objective Standards Description Resources

Objective

In this webinar, teachers will be able to:

Utilize economic concepts to integrate within various grades 9-12 disciplines and undergraduate survey courses
Provide students with an economic tool bag of 6 basic economic principles to explain their and others’ behaviors

Standards

State Standards

Concepts

Goods and Services, Incentives, Income, Opportunity Cost, Scarcity, Trade, Exchange and Interdependence

This video is available to view for EconEdLink members only.

Description

Explore six common sense economic concepts and identify valuable resources to bring into courses. This webinar will provide real-world examples that demonstrate to students the power of the economic way of thinking and how to use it to live more satisfying lives.

Resources

Subjects:

Grades 6-8, 9-12

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....

Key Concepts: Budgeting, Opportunity Cost, Saving

45 min

Activity

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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

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