What do kids think about economics? Watch this video to see elementary, middle and high school students talk about the importance of understanding economics and personal finance principles. You’ll be surprised to see how insightful these kids are when they talk about viewing the world through economic lenses!
The Alfred P. Sloan 2014 Teaching Champion Awardees were recognized at the CEE Visionary Awards for excellence and using innovative teaching methods in their classrooms.
The Alfred P. Sloan Teaching Champion Award aims to promote economic and financial education at the K‐12 level by recognizing teachers who effectively deliver this important content in their classrooms and achieve results.
Since its inception in 1948 the Council for Economic Education has made it its mission to deliver economic education and financial literacy to K-12 students nationwide. In this overview, you’ll see how for the past 65 years the Council has used ever-changing techniques to educate the educators. By equipping teachers with innovative resources, the Council has made great strides in improving the education of economics and personal finance in our schools.
- Iowa Gov. Terry Branstad is considering recommendations made by a team reviewing the state’s current financial literacy courses.
- One suggestion was updating the state’s current standards so that the financial literacy benchmarks would be clearer and more appropriate for measuring mastery. Until these revisions are made, educators will continue having flexibility in how financial literacy is taught.
- Iowa is one of only a handful of states that require financial literacy courses.
According to the Council for Economic Education, while all 50 states and the District of Columbia include economics in their K–12 standards, less than half make economics a required course for graduation. More specifically, only 17 require students to take personal finance courses. While educators spend a lot of energy on STEM courses and other technologies of the future, it would seem equally important to discuss money with students. Not only is money management a necessary adult skill, but poverty can contribute greatly to achievement levels. Schools have an opportunity to teach skills that students may not be receiving at home, but could make a massive difference in curbing generational monetary mismanagement.
As Branstad explained, “Financial skills are essential. Which is why they are included in Iowa’s academic standards. We know our children need to be financially literate in order to have a bright and successful future.”
CEE’s Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 8 of 8.
Lisa Bender from Southern Garret High School in Oakland, Maryland, has spent her career teaching economics fusing it with her other passion, immersive technology for the classroom. For her, economics lessons come alive when they are paired with the ground breaking information found on web portals and discovered with easy to use platforms such as tablets. With these tools, Ms. Bender is able to teach complementary lessons on economics and digital citizenship by showing students what tools to use and how to use them responsibly.
This completes CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education. Keep checking back for more weekly updates on our blog!
CEE’s Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 7 of 8.
Mary Neely from Orchard Grove Elementary in Frederick, Maryland, incorporated singing into her classroom help her students to grasp economics concepts. By serving as an example of combining music and economics, Ms. Neely inspired students (singers and non-singers alike) to create their own individual pieces of music, using concepts they learned and implementing them their own way, proving that they understood what was taught.
Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on August 27th, 2014.