The Money Circle 2.0: An Overview

Teens spend billions each year, but do they really know how money works, how to best manage it and how it keeps our economy going? Advance your high school students’ knowledge of money through this free, revamped, comprehensive, eight-lesson curriculum series that will engage and challenge them to apply both personal finance and economic perspectives when it comes to money. Help develop students’ awareness as consumers, while improving their decision-making and financial planning skills.

The eight stand-alone lessons include the use of primary sources, video, web-based resources and Federal Reserve research and are all correlated to national standards in economics and personal finance, as well as the Common Core.

Download the entire curriculum in PDF form here, or browse through the individual lessons below.

Lessons

Interpret the History, Functions and Characteristics of Money

Lesson One: Money Is What Money Does
Through the reading of informational text and a role-play developed by the students, they will demonstrate knowledge about why money takes the shape and form that it does, how the characteristics and functions of money determine what it is, how it works within an economy and how it correlates to periods of history.

Lesson Two: Evolution of Money 
Students will view examples of various forms of currency through an interactive website, read informational text about the notes, discuss identifying characteristics of currency over time, complete a chart that summarizes the evolution of currency in the United States and further research a specific era relative to currency to complete a written essay.


Evaluate Learning, Earning and Spending on Financial Well-Being

Lesson One: Learn to Earn
Students will research a future job and determine the qualifications, skills and knowledge needed to obtain the job, as well as weigh the costs and benefits of a potential job/career path and learn about income levels of specific careers.

Lesson Two: Credit – Friend or Foe?
Students will evaluate spending vs. credit and factors involved with creditworthiness, as well as identify effective techniques for their personal finances and learn ways to avoid pitfalls associated with misuse of credit.


Evaluate Learning, Earning and Spending on Financial Well-Being

Lesson One: Money Logic
Students will investigate what financial wealth is and how to achieve it by exercising systematic decision-making principles, such as the P.A.C.E.D. decision-making model.

Lesson Two: Money Magic
Students will compare and contrast saving and investing alternatives, differentiate the types of saving and investing tools available and apply tools that can make money grow, improving their financial well-being.

Analyze the role and tools of the Federal Reserve in monetary policy.

Lesson One: Monetary Policy Basics
Students will learn the tools of monetary policy and how they work, as well as explain how the Federal Reserve Bank serves the public by regulating the flow of money.

Lesson Two: The Economy and Me
Students will review how inflation affects economic conditions, how the Federal Reserve conducts monetary policy to curb inflation for consumers, and learn more about economic sectors and decisions related to economic stability.

 

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