Uncategorized

Video Lesson 8: Productivity

By Jonathan Burch

Lesson 8: Productivity comes from CEE’s new and revised Third Edition of High School Economics. The course provides teachers with 28 engaging lessons. All lessons have been field-tested and align with the Voluntary National Standards in Economics and Common Core State Standards (ELA and Math).

In this video, watch Andrea Caceres-Santamaria, from Seminole Ridge Community High School, demonstrate how to properly guide a classroom through Lesson 8.

Lesson 8 has three Objectives:

  • Define Labor Productivity as output per worker.
  • Explain how the division of labor and investment in human capital and capital goods improves productivity.
  • Explain why increased productivity is important to the economy and individuals.

Click here to discover more about the Third Edition of High School Economics.

The post Video Lesson 8: Productivity appeared first on Council for Economic Education.

POSTED: March 3, 2015 | BY: brendan

Video Lesson 8: Productivity

By Jonathan Burch

Lesson 8: Productivity comes from CEE’s new and revised Third Edition of High School Economics. The course provides teachers with 28 engaging lessons. All lessons have been field-tested and align with the Voluntary National Standards in Economics and Common Core State Standards (ELA and Math).

In this video, watch Andrea Caceres-Santamaria, from Seminole Ridge Community High School, demonstrate how to properly guide a classroom through Lesson 8.

Lesson 8 has three Objectives:

  • Define Labor Productivity as output per worker.
  • Explain how the division of labor and investment in human capital and capital goods improves productivity.
  • Explain why increased productivity is important to the economy and individuals.

Click here to discover more about the Third Edition of High School Economics.

The post Video Lesson 8: Productivity appeared first on Council for Economic Education.

POSTED: March 3, 2015 | BY: brendan

Math in the Real World Is A Hit

By Jonathan Burch

The recent launch of Math in the Real World, our new teacher resource on EconEdLink, caught the attention of education bloggers at Getting Smart, giving it rave reviews:

“I was impressed by the seamless integration of both economics and mathematics content …. This is a great set of resources to encourage and support teachers in bridging the gap between content and life skills, and the comprehensive lesson plans allow teachers to jump right in with minimal planning on their part.”

Click here to read the full article!

The post Math in the Real World Is A Hit appeared first on Council for Economic Education.

POSTED: February 27, 2015 | BY: brendan

Math in the Real World Is A Hit

By Jonathan Burch

The recent launch of Math in the Real World, our new teacher resource on EconEdLink, caught the attention of education bloggers at Getting Smart, giving it rave reviews:

“I was impressed by the seamless integration of both economics and mathematics content …. This is a great set of resources to encourage and support teachers in bridging the gap between content and life skills, and the comprehensive lesson plans allow teachers to jump right in with minimal planning on their part.”

Click here to read the full article!

The post Math in the Real World Is A Hit appeared first on Council for Economic Education.

POSTED: February 27, 2015 | BY: brendan

Financial Literacy’s Importance

By Jonathan Burch

Last month The Labor Department reported that unemployment rates have fallen in 42 states–another sign that the overall US economy is making a significant recovery. However, while the current gains in the economy are encouraging, financial literacy still needs to remain a top priority for national and state educators.

Many policy makers and organizations like CEE have been working to educate students about their personal finance for many years. But this last recession seems to have magnified the issue for many Americans.

Education blogger, Lisa Nielsen warns that “we have lost focus on preparing young people for what will matter in their real lives. If the education system were to provide some financial classes for kids, it could make a tremendous difference in the economic success of society.” For any business to succeed it is imperative that the employees be given the tools and training necessary to complete their job.

The same holds true for the US economy. In order for US consumers to make wise investments, they must be financially literate.

Kathy Schrock, an education-tech blogger, has developed a comprehensive list of what she calls the “Literacies for the Digital Age.” Included in this list are Economic and Financial Literacy. She believes that these “literacies” work together to give students a firm foundation to stand on and prepare them for the life ahead.

With the help of social media and the internet, online education and other forms of digital mediums are becoming incredibly important platforms in helping students learn about their role in the economy.

Ms. Schrock highlights many online resources, including CEE’s own EconEdLink services, which are working to raise financial literacy in America’s next generation. Click here to see the full list of resources.

The post Financial Literacy’s Importance appeared first on Council for Economic Education.

POSTED: February 24, 2015 | BY: brendan

Financial Literacy’s Importance

By Jonathan Burch

Last month The Labor Department reported that unemployment rates have fallen in 42 states–another sign that the overall US economy is making a significant recovery. However, while the current gains in the economy are encouraging, financial literacy still needs to remain a top priority for national and state educators.

Many policy makers and organizations like CEE have been working to educate students about their personal finance for many years. But this last recession seems to have magnified the issue for many Americans.

Education blogger, Lisa Nielsen warns that “we have lost focus on preparing young people for what will matter in their real lives. If the education system were to provide some financial classes for kids, it could make a tremendous difference in the economic success of society.” For any business to succeed it is imperative that the employees be given the tools and training necessary to complete their job.

The same holds true for the US economy. In order for US consumers to make wise investments, they must be financially literate.

Kathy Schrock, an education-tech blogger, has developed a comprehensive list of what she calls the “Literacies for the Digital Age.” Included in this list is Economic and Financial Literacy. She believes that these “literacies” work together to give students a firm foundation to stand on and prepare them for the life ahead.

With the help of social media and the internet, online education and other forms of digital mediums are becoming incredibly important platforms in helping students learn about their role in the economy.

Ms. Schrock highlights many online resources, including CEE’s own EconEdLink services, which are working to raise financial literacy in America’s next generation. Click here to see the full list of resources.

The post Financial Literacy’s Importance appeared first on Council for Economic Education.

POSTED: February 24, 2015 | BY: brendan

Stocks in the Future Teaches Kids Stock Market Basics

By Jonathan Burch

Many adults struggle to understand the basics of stock market investment. The next generation does not have to be so financially illiterate thanks to the efforts of the Stocks in the Future organization.

The organization provides middle-schools a financial investment program that rewards students with real money which the students then invest in companies like Coca-Cola and Facebook. When the students graduate they gain full ownership of their stock portfolios.

Goldman Sachs and Deutsche Bank are among the many donors who back Stocks in the Future. The program’s director Rebecca Lange-Thernes hopes that they will be to help the students see “themselves as investors in their future.”

To read more about Stocks in the Future’s success in Baltimore’s middle-schools click here.

The post Stocks in the Future Teaches Kids Stock Market Basics appeared first on Council for Economic Education.

POSTED: February 13, 2015 | BY: brendan

Stocks in the Future Teaches Kids Stock Market Basics

By Jonathan Burch

Many adults struggle to understand the basics of stock market investment. The next generation does not have to be so financially illiterate thanks to the efforts of the Stocks in the Future organization.

The organization provides middle-schools a financial investment program that rewards students with real money which the students then invest in companies like Coca-Cola and Facebook. When the students graduate they gain full ownership of their stock portfolios.

Goldman Sachs and Deutsche Bank are among the many donors who back Stocks in the Future. The program’s director Rebecca Lange-Thernes hopes that they will be to help the students see “themselves as investors in their future.”

To read more about Stocks in the Future’s success in Baltimore’s middle-schools click here.

The post Stocks in the Future Teaches Kids Stock Market Basics appeared first on Council for Economic Education.

POSTED: February 13, 2015 | BY: brendan

2014 Visionary Awards Fireside Chat

By Jonathan Burch

The Council for Economic Education hosted its 9th Annual Visionary Awards dinner last October. The dinner is an annual celebration honoring leaders who promote economic and financial literacy to create a better-informed society.

The Visionary Awards Honorees were:

  • Richard G. Ketchum, Chairman and Chief Executive Officer, FINRA;
  • Raymon W. McDaniel, Jr., President and Chief Executive officer, Moody’s Corporation;
  • Professor Christina D. Romer, Class of 1957 – Garff B. Wilson Professor of Economics, University of California, Berkeley;
  • David Wessel, Director of The Hutchins Center on Fiscal and Monetary Policy at The Brookings Institution and Contributing Correspondent to The Wall Street Journal.

Master of Ceremonies Steve Liesman, CNBC Senior Economics Reporter, led the night’s Fireside Chat covering such topics as the United States’ road to recovery, the broader role banks will have in the economy, and the public perception of President Obama’s handling of the economy.

The post 2014 Visionary Awards Fireside Chat appeared first on Council for Economic Education.

POSTED: February 10, 2015 | BY: brendan

2014 Visionary Awards Fireside Chat

By Jonathan Burch

The Council for Economic Education hosted its 9th Annual Visionary Awards ceremony last October. The dinner honors those who have devoted themselves to encouraging greater economic and financial literacy in today’s society.

Master of Ceremonies Steve Liesman, a CNBC Senior Economics Reporter, led the night’s Fireside Chat covering such topics as the US’s road to recovery, the broader role banks will have in the economy, and the public perception of President Obama’s handling of the economy.

Watch below Mr. Liesman lead his guests through the highlights of the 2014 Visionary Awards’ discussions:

The following distinguished guests joined Liesman onstage for the Fireside Chat:

  • Richard G. Ketchum, Chairman and Chief Executive Officer, FINRA;
  • Raymon W. McDaniel, Jr., President and Chief Executive officer, Moody’s Corporation;
  • Professor Christina D. Romer, Class of 1957 – Garff B. Wilson Professor of Economics, University of California, Berkeley;
  • David Wessel, Director of The Hutchins Center on Fiscal and Monetary Policy at The Brookings Institution and Contributing Correspondent to The Wall Street Journal.

The post 2014 Visionary Awards Fireside Chat appeared first on Council for Economic Education.

POSTED: February 10, 2015 | BY: brendan