Websites or Software

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Website: Council for Economic Education
Web Page: EconEdLink: Economics and Personal Finance Resource K – 12
URL:  http://www.econedlink.org/

How Can the Website Be Used?
This is a great resource for economic information for teachers and students alike.  It contains lesson plans as well as interactive tools.  There are more than fifty lesson plans for K-2 and another one hundred for grades 3-5; all of these lessons are on economic concepts.  

Example lesson plans include:  
  • Human resources and capital resources (K to 2)
  • Opportunity cost (3-5)
  • Competition (3-5)
  • Goods and services (K to 2)
  • Banking (both K-2 and 3-5)
  • E-Commerce (3-5)
It also contains a number of interactive tools for both students and teachers including:
  • Compound interest calculator
  • Video on “what’s the incentive?”
  • On-line personal finance game covering budgeting, credit, investing, etc.


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Website:  Cyberslueth-kids.com                                  
Web Page: http://cybersleuth-kids.com/sleuth/Education/Lessons/Economics/index.htm
URL: http://cybersleuth-kids.com/

How Can the Website Be Used?
This site is a good site as a resource for lesson plans for elementary teachers.  It provides free lesson plans on economic topics such as consumer credit, business operations, history of economics and many other topics.  These are interactive lesson plans with most of them including games and different hands on activities for students.  The lesson plans provided are appropriately sized to a 20-30 minutes lesson and the teacher does not need to adopt an entire unit in order to use one of the lessons.   We like how you can use pieces and parts of the lessons provided in this site.
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Website: EconoClass.com  
Web Page: EconoClass.com Home
URL:  http://www.econoclass.com/
    

How Can the Website Be Used?
This website seems to focus on games and activities that map to the standards of the National Council on Economic Education (NCEE).  Some of the more interesting games include:
  • The Frozen Price Game which focuses on pricing around a simulation where there has been a hurricane and there is no power but a need for ice.  It addresses how the price fluctuates based on demand.
  • The Wage is Right Game which applies supply and demand models to labor markets.
  • The Money Creation Simulation which demonstrates how the Federal Reserve Bank can decrease or increase the money supply.
Activities within this website are probably more appropriate for later elementary and middle school classes but the activity-based focus of the website makes it one that should be kept in your favorites!


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Website:  Economist.com
Web Page: http://www.economist.com/science-technology
URL: http://www.economist.com/


 

How Can the Website Be Used?
One would not think of The Economist as a website for teacher but this is a great site to keep a teacher up to date on what is going on in the world of finance.   It is a good website to come up with ideas for lesson plans and how to integrate those lesson plans with science and technology or culture.  Although this web site is not an "easy read" the site provides many cutting edge issues in economics that a teacher could use for topic discussions throughout a classroom and how some of the economic issues affect the students.

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Website: Federal Reserve Education.org  
Web Page: Federal Reserve Education Home
URL:  http://federalreserveeducation.org/


How Can the Website Be Used?
  This website is sponsored by the Federal Reserve Bank and provides a multitude of resources including lesson plans (by topic and by grade level), publications (for students and for adults), classroom activities, and a detailed glossary of terms.  The lesson plans all map to the National Standards for Economics as well as the National Standards for Personal Finance – you have to map them to the North Carolina Standard Course of Study however it is not very difficult to do the mapping.  The lesson plans are very complete and thorough.  
Some of my favorites include:
  • Tortilla Factory Lesson – where students learn about productive resources
  • Lesson than Zero Lesson – focuses on savings
  • A Guide to Building Wealth Lesson – all done in Spanish
  • To Pay the Price Lesson – online shopping and online banking

The publications are also excellent including such titles as “My Money” – these publications have both student versions and teacher versions.  The U.S. Federal Reserve System does a great job providing valuable information and resources for educating our students.  This is our tax dollars at work!


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Website: themint.org
Web Page: themint.org/index
URL: http://www.themint.org/index.html


How Can This Website Be Used?
  This website is great for all. It has four tab sections each entitled: fun for kids, tips for teens, pointers for parents, and ideas for teachers. This website is ideal for older elementary grades. The fun for kids section has activities, challenges, and calculators that deal with spending, saving, and borrowing. The section for teachers specifies that their tips and ideas are designed for 6-12 grades. They include lesson plans designed by the NCEE (National Council of Economic Education). The website does not require special fees or sign-ups to access all it has to offer. 


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Website: MoneyInstructor.com
Web Page: Money Instructor Home
URL:  http://www.moneyinstructor.com/


How Can the Website Be Used?
  This website provides a number of resources focused on basic money skills, earning & spending, and savings & investing.  It provides lesson plans on money matters and does a good job of integrating the concept of economics with mathematics.  

Lesson plans contained on this site include:
  • What is money?  This lesson covers what money is, how you get it, and how you use it.
  • Spending, saving, and sharing.  This lesson distinguishes between spending, saving and donating and makes suggestions for students to think critically about these items.
  • Several lesson plans on counting money for the lower grade.
  • Lesson plans on investing in stocks and bonds.
Good web site and sound lesson plans that go along with national standards.  However, you do have to sign up for a membership to access these lesson plans but it is worth it.

 
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Website: Morningstar.com
Web Page: Morningstar.com/real-life -finance
URL: http://www.morningstar.com/Cover/save-for-college.aspx


How Can the Website Be Used?
This is another website targeted at the teacher versus the student.  It provides up to date information regarding the happenings in the financial markets.  However, be cautious as the site is a bit complicated but it has some great educational tools.  The page that is best is the real life finance portion of the website.  The page gives problems and scenarios that everyday people face and unique and creative solutions.  It teaches about finance challenges of today and how to solve them.  I think this would be great for a unit in economics for older elementary grades. 
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Website: usmint.gov
Web Page: http://www.usmint.gov/kids/
URL: http://www.usmint.gov/kids/


How Can the Website Be Used?

This website has great games and activities for children as young as primary grades. It’s a free resource that can be easily accessed in the classroom for students to go to as a center. There is a plethora of games available to teach children all about coins and the US mint. This website shows how connected people are to coins. This website is associated with the US Department of Education via the Federal Resource of Educational Excellence (FREE). 

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