For a great deal on 5 Economics products check out this bundle!
The Economics of Checks, Budgets, Stocks, College, and Savings - 5 Activities!
This bundle combines two economic activities that middle school and high school students should become familiar with; writing checks and investing for their futures. These two activities will open their eyes to how they can manage their money and their financial futures.
The Economics of Checks – Packet of Check Writing for Introductory Economics
This check writing packet will give students practice writing checks and recording their payments and deposits in a check register. Students read a story that takes them through a crazy day of writing six checks and making two deposits. They should end up with $5.00 left when they are done. The story, blank checks, check register, and answer key is provided with this purchase.
When I do this activity I usually print out two sets of blank checks for students. One for them to practice writing sample checks such as, "Write a check on May 10, 2014 to your school for $12.00 for a school T-shirt. How would you do that? What would it look like?" I let students try, then show them how I would write one on the overhead projector. I show them how to write the number in the amount as close as possible to the left edge so no one could add a number in there; thus changing a $47.00 check to $847.00. I also show them why to add a line after who you write the check out to so it doesn't end up as, "To: SOUTH MIDDLE SCHOOL or Your Social Studies Teacher." If the line is there it makes it harder for someone to alter the check.
When I teach this activity I tell students my one goal is that they protect themselves from ever getting ripped off. I also show them my own check card and how on the back I don't have my name signed. Instead I have "See I.D." I let them know that not even 5% of cashiers ever ask to see my identification. So I always ask the cashier, "How do you know this is my check card?" Many of my students will have jobs in high school as cashiers so it helps them be aware of identity theft early on.
Kids like this activity a lot, and they are usually very excited to find out if they got it right at the end.
The Economics of the Stock Market – Fun Class Investing Contest!
This Stock Market investment activity uses the NASDAQ American Stock Exchange web site and has never failed me in getting even the most reluctant students to participate! If you are looking for a great activity to keep your students active and engaged this one hasn't failed me yet.
Each student is given "$50,000" and has to invest in 10 different corporations. This activity is done in "real-time" and truly helps them make connections to the economy they are a part of. You can decide how long you would like the activity to last or modify the lesson in any way you feel meets your classroom needs. I usually do this activity for 3 days. One introduction day, one purchasing day, and one selling day on the last day of school. I have 7th and 8th graders and they love it!
I've done this activity where we start this activity during the first week of school, half-way through the year, at the beginning of a new quarter or even just as a three week activity. Lately I've been starting this activity before we get into the Great Depression portion of our history class.
I have included VERY detailed instructions for you to follow in case you don't have the strongest background with technology.
To have this activity work successfully you need to:
1. Have access to a computer lab
2. Save the file in a location where students can access it
3. Have students save the file via own flash drive or network folder
I recommend trying this activity for yourself first so you can help assist students when it is time for them to participate in the activity.
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 Saving Your Money
The Economics of College & The Economics of Saving 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!