Curated OER
Wages, Salaries, and Such
Students investigate the economics of a job by computing wages based on days, weeks and years. In this vocational lesson plan, students complete hourly wage worksheets based on employment information. Students utilize average income...
Curated OER
Economic Activity and Markets
High schoolers identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another,...
Radford University
Exploring Equations through Life Goals
What do I want to do when I grow up? Learners research job categories and determine a career within the category. Using the chosen job, pupils find the hourly wage and calculate future income based on percentage wages. Individuals then...
Curated OER
Folding Our Way to Productivity
Students role-play workers producing origami cups. They participate in two production rounds, one without training and one with training. They observe how productivity increases through training and, as a result, how income increases.
Curated OER
High Earners Can Still Struggle
Students explore the concept of financial trouble. In this financial trouble lesson plan, students read an article about people who earn large salaries, but still have financial trouble. Students discuss ways to avoid and get out of...
Curated OER
Earned Income Credit
Students distinguish between tax deduction and tax credit, explain how the earned income credit affects the tax liability, apply requirements to claim the earned income credit, and describe factors that determine the amount of the earned...
Curated OER
Your First Job
Learners determine that they are responsible for paying income taxes through withholdings on earned income. They examine the Form W-4.
Curated OER
Where Do We Get the Money We Spend?
Students discuss the sources of income for people in their community. They examine why different jobs are paid different wages. They also classify productive resources in the economy.
Curated OER
Breaking News English: Bolivian Leader to Halve Own Salary
In this English worksheet, students read "Bolivian Leader to Halve Own Salary," and then respond to 1 graphic organizer, 47 fill in the blank, 7 short answer, 20 matching, and 8 true or false questions about the selection.
Curated OER
What is Taxed and Why
Students are exposed to the need for federal, state and local governments to tax constituents to provide goods and services for their residents. They identify the different kinds of taxes and give examples of the goods and services taxed.
Curated OER
What's a Good Job?
Upper graders almost always stress about life after high school. To ease the transition to adult life, discuss how to select a job to meet personal needs. Two writing prompts are included to help learners consider what they'd like to do...
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
Curated OER
Desperation: The Great Depression
Students examined the feelings of hopelessness that can result from losing
their income, much like one-third of Americans experienced during the Depression in a small group lesson of a mock household. Students create a household budget...
Curated OER
IN STRAWBERRY FIELDS
The student will calculate wages of agricultural workers by the hour and by the piece.2. Share background material, and discuss the difference between gross pay and net pay and the difference between getting paid by the hour or the piece...
Curated OER
Savings and Earnings
Fifth graders complete several activities to learn about earning, budgeting, and saving money. In this saving money activity, 5th graders read a book about saving money and complete a 'Savings and Earnings' worksheet. Students work in...
Curated OER
Chapter 9: Social Stratification
For this social stratification worksheet, students answer 12 fill in blank questions and 7 multiple choice questions regarding the division of society into categories.
Curated OER
High Earners Can Still Struggle
Students explore the concept of credit. In this credit lesson, students read an article about credit debt and financial trouble. Students discuss ways to avoid financial trouble. Students make a cause and effect chart for the people in...
Curated OER
Vocabulary Review - Money
For this vocabulary review - money worksheet, 5th graders interactively complete 15 sentences by selecting the correct word about money and finances with immediate online feedback.
Curated OER
Various words: 94
In this fill in the blanks worksheet, learners choose the correct word to complete the sentences about transportation, eating, clothes, and more. Students complete 10 multiple choice questions.
Other
Uncle Fed's Taxes: Tax Topic 401, Wages and Salaries
This site from Uncle Fed's Tax board explains withholding tax from wages and salaries. Mentions various forms that are used when filing taxes.
Internal Revenue Service
Irs: Wage and Tip Income Lesson Plan [Pdf]
This lesson plan will help students understand that wage and tip income is taxable.
Council for Economic Education
Econ Ed Link: Wages and Me
Students explore the reasons for differences in the wages for several occupations. Then students are guided through the Bureau of Labor Statistics website to find information about their potential careers and wage rates nationally and in...
Internal Revenue Service
Irs: Tax Tutorial: Module 2: Wage and Tip Income
Do you understand how your tip income is taxed? This tutorial will explore the taxation of wages, salaries, bonuses, and tips.
Scholastic
Scholastic: Adventures in Math: Lesson 1: Money Matters
The process of earning money is the cornerstone of financial literacy. In this lesson, students will identify key terms associated with earning money, explore ideas for earning money now, and evaluate various career options as sources of...