Economics
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Top Economics Websites
If you have other sites you would like to see added, contact David Hales at halesd@resa.net or 734-334-1311.
Econ Ed Link - Super econ lessons for every grade, very easy to use.
Circular Flow Model for Kids - The Circular Flow Model is a "picture" of a market economy in action. The Factors of Production (land, labor, capital and entrepreneurship) flow from households (consumers like you and me) to producers (businesses). Goods and services flow from producers to consumers and, in exchange, money flows in the opposite direction.
Moneyville - Moneyville has a real life simulation game about making financial choices, and the classic "lemonade stand" game on supply and demand (upper elementary).
The US Mint - The United States Mint H.I.P. Pocket ChangeTM Web site is a fun educational tool for students and teachers that generates interest in coins, the United States Mint, and U.S. history.
The Virtual Mall: Where Kids can Learn to be Smarter Consumers - In the virtual mall, you can play games, design ads, chat with customers and store owners, and much more. You'll learn key consumer concepts, such as how advertising affects you, how you benefit when businesses compete, how (and why) to protect your information, and how to spot scams. What better place to do it than at the mall!
National Council on Economic Education - The National Council on Economic Education has great publications, lessons, links, and resources for the classroom teacher
Kids Econ Concept Posters - The literature connections and economic songs are helpful and fun...and FREE! Their great K-6 kid-friendly Econ concept posters with lessons and their econ vocabulary bingo game all cost $
Federal Reserve Education - You can find instructional materials and tools that can increase your understanding of the Federal reserve, economics, and financial education.
Foundation for Teaching Economics - Award winning lessons, excellent student and teacher programs and incentives
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Children's Literature
Trade Books of Children's Literature for Social Studies - This bibliography contains children's literature with social studies organized in the following categories: Civics, Core Democratic Values. Civics, Economics, Geography, and History.
Fed Reserve of Philadelphia: Econ & Children's Lit Lessons
Fed Reserve of St Louis: Econ and Children's Lit Lessons -
Teaching Personal Finance Resources
Hands-On Banking: Money Skills You Need for Life
The Centsables! - This comic book super hero approach is a wonderful resource for teaching financial literacy.
Practical Money Skills for Life - Free lesson plans, profiles of inspiring teachers, discussion of relevant economic topics, and more - Pick the level of lesson plans you need.
The United States Mint: Financial Literacy for Young Children - This program is all about coins and taking a close look at coins can help a youngster begin to grow into a fiscally responsible adult! Check out some of this site's fun activities and lesson plans that promote basic economic understanding.
The National Jumpstart Coalition for Personal Finance Literacy -
Market Simulations in the Classroom
Mini-Society Market Simulation Classroom Implementation Resources
Template for Mini-Society Money
Sample Parent Letter
Suggested Classroom Scarcity Examples - It is important that students experience and understand the concept of scarcity before they begin their Mini-Society experience.
Suggested Warehouse Supplies - This list is only a start and will grow as you implement the program.
Possible Activities for Pay - This is a temporary income until the start of the Market days. The purpose is to introduce money into the society so the economic system can develop. It is not intended to be used as a behavior modification strategy.
Exchange City - At Exchange City in Taylor, MI upper elementary and middle school students keep their very own city operating and thriving, from the mayor's office and police department to the news media and business community. This simulation teaches and reinforces democratic, economic, and entrepreneurial concepts that are the cornerstone of our free enterprise system.
Exchange City Enrollment Form
Exchange City & Earth Works Brochure
Moneyville - Moneyville has a real life simulation game about making financial choices, and the classic "lemonade stand" game on supply and demand (upper elementary).
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MI Land Use PowerPoint & Documents
This helpful power point for kids and accompanying documents was created by Anastasia Katopodis at Logan Elementary in Detroit. If you are using Internet Explorer you may need to click the security bar at the top of you web page to allow pop-ups.
How Michigan Land is Used
Michigan Land Use
Michigan Products Foldable
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Michigan Council on Economic Education
Your Michigan headquarters for economic resources, programs, and links. Check out the calendar of events!