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Lesson 2A: The Inventory Game-Net Worth and Cash Flow

More about Lesson 1B: Making Choices and Identifying Costs » Unit Two: Planning and Tracking The grid is used to evaluate product choices based on ratings from Consumer Reports® and to demonstrate trade-offs and opportunity costs. Students are introduced to the PACED decisionmaking model and grid as a guide to making personal finance choices.

Lesson 1B: Making Choices and Identifying Costs More about Lesson 1A: The Wealth Game-Factors for Success » Individual student outcomes of the game are discussed in terms of the four primary determinants of wealth: natural abilities, effort, motivation, and luck. Their task is to increase the value of their wealth by trading their beads with other students. Students are given an initial set of colored beads with defined values that determine their wealth in one of three categories: poor, middle-class, or rich. Williams, Journal of Economic Education, Fall 1993). Students play “The Wealth Game” (based on “Market Exchange and Wealth Distribution: A Classroom Simulation” by Robert B. Lesson 1A: The Wealth Game-Factors for Success

Complete Curriculum (pdf) Unit One: Thinking Economically.

PowerPoint slides (.pptx) are provided for the lessons that have visual content. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions.ĭownload the complete curriculum unit or individual lessons (.pdf). The curriculum is divided into 10 themed units, with each unit containing two lessons. The Making Personal Finance Decisions curriculum teaches valuable personal finance lessons grounded in economic theory.