For a great deal on 5 Economics products check out this bundle!
The Economics of Checks, Budgets, Stocks, College, and Savings - 5 Activities!
Economics is a subject that can be fun for students to learn when they see how the choices they make regarding money directly apply to their lives. The two products in this bundle do just that!
The Economics of College – Is a Degree Worth It?
I use this product every year with my 8th grade students near the end of the year when they are about to embark on their journey to high school. Many of them are on the fence about school or simply don't see the value in their education. Their eyes are opened pretty quick when they see how much money they are giving up by not pursuing an education, or worse, by choosing to drop out of high school.
This activity has students doing math that directly applies to their future. Students will calculate how much money, according the U.S. Census, a person makes at varying levels of education. Those levels are:
-Not Graduating High School
-High School Graduate
-Some College - No Degree
For each level, students will find out the average lifetime income, the hourly rate, and the difference of income based on the different levels of education for American males and females.
This activity has always worked well for me in encouraging students to do their best in school -- their financial future depends on it!
The Economics of Saving Your Money - Piggy Banks, Simple & Compound Interest
I love teaching Economics to my middle school students because it directly relates to their lives. I teach 8th grade, and most of the students I teach save their dollars or coins in some form of a "piggy bank," some have a savings account, and some haven't had anyone show them how to get a savings account at a bank.
In this product, students will begin to understand the power on interest. They will be guided through three different scenarios of a girl named Marcy who is given $100. Your students job will be to figure out how much money Marcy would make by putting that $100 in a piggy bank for 10 years, a savings account earning simple interest for 10 years, and a savings account earning compound interest for 10 years. An answer key is provided for ease of instruction.
An extension activity is also provided in this product where your students are given $500 for their high school graduation. Your students can see what the power of compound interest will be if they don't touch that $500 for 40 years as well as if they add $500 to that account every year for 40 years. An answer key is provided for this activity as well so that your students can check in with you every so often to make sure they are on the right track if you so choose.
Many times after doing this activity students will say that they've asked their parents if they can go to the bank and open a savings account!
Check out my other Economics Bundles:
The Economics of Balancing a Budget & The Economics of Saving Your Money
The Economics of Balancing a Budget & The Economics of Check Writing
The Economics of Balancing a Budget & The Economics of College
The Economics of Balancing a Budget & The Economics of Investing in the Stocks
The Economics of Check Writing & The Economics of College
The Economics of Check Writing & The Economics of Investing in Stocks
The Economics of Check Writing & The Economics of Saving Your Money
The Economics of College & The Economics of Investing in Stocks
The Economics of Saving Your Money & Investing in Stocks
Here's even MORE Economics products:
Career Research Packet
Economics Bundle Pack - Stocks, Cost/Benefit, & 2 Invention Projects
Famous Inventors and Their Inventions Presentation
Opportunity Cost and Benefit Packet
The Cause and Effect of the Greatest Events or Inventions from 1950-1999 Project
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FOR 99 DIFFERENT SOCIAL STUDIES ITEMS CHECK OUT THIS BUNDLE!
Social Studies Bundle - 99 Different Products - U.S. History, Geography, & More!