Curated OER
Income and Outcomes
Bring financial literacy into your classroom. Learners use peer support to reflect on their spending and how it reflects their income and their values.
Curated OER
Do I Have What it Takes to be an Entrepreneur - and is My Community Ready?
Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...
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Good News and Bad News: Income and Taxes
Students examine Internal Revenue Service (IRS) Form 1040, citing particular line items that are pertinent to an artist acting as an entrepreneur. They explore various sources of income and the importance of keeping accurate income records.
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Reality Store: How to Plan a Budget, Pay Bills, and Manage Your Money
Students plan a budget and pay bills when they visit the "Reality Store," a series of classroom studying stations. The use of paying bills and running a class store is used to help students grasp the concept of business.
Curated OER
From the Mixed Up Files of Mrs. Basil E. Frankweiler
Students listen to From the Mixed-up Files of Mrs. Basil F. Frankweiler and discuss wants and needs. In this iincome and expenses lesson, students relate the adventures of the children in the book to a real life financial...
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...
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The Artist as Entrepreneur: Is this a Hobby or a Business?
Students discover the IRS codes and criteria for establishing their art activity as a business rather than a hobby. They develop ways to demonstrate that their art activity is actually a business venture as classified by the IRS.
Curated OER
Invest In Yourself
Students learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson, students apply their knowledge of finance components and create their own web based plan...
Centennial College
Break-Even Analysis Worksheet
In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...
Curated OER
Taxes: Where Does Your Money Go?
Young scholars study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into...
Curated OER
Simulation and Accounting Practices
Students implement their knowledge about accounting practices into a simulation activity. For this secondary consumer/business math lesson, students participate in a simulation centered on the life of the people during the...
Curated OER
The Politics Of Taxation
Students explain that taxation involves a compromise of conflicting goals and that lobbyists can influence lawmakers' decisions about taxes. They can explain why people of similar incomes often pay different tax rates and work in teams...
Curated OER
Account-Recording Adjusting/Close Entries, Partnership
Students examine adjusting and closing entries for a partnership set up as a merchandising business. They participate in a game and online activities, read handouts, complete an outline, and take a quiz.
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LET YOUR FINGERS DO THE WALKING
The student will recognize different information sources. 2. The student will use a telephone book as a resource for locating agricultural businesses
and people with agriculture-related jobs.Discuss the purpose of the phone book, and...
Curated OER
Bookkeeping 101
Students state the important questions that must be answered through the use of expense records. They design and test a method for recording business expenses.
Curated OER
Closed Economy Expenditure Model Test
In this economics worksheet, students answer questions relating to consumption, investment, and expenditures in a model of a closed economy. The eight page worksheet contains forty multiple choice questions. Answers are not...
Curated OER
Break-Even Analysis Worksheet
In this analysis worksheet, students solve accounting problems when provided with variables to be used in computations. Using data provided, students must answer questions showing they understand key terms such as fixed and variable costs.
Curated OER
Account-Recording Adjusting/Close Entries(Service Bus.)
Students participate in a number of activities to learn how to adjust general ledger accounts and journal closing entries.
Curated OER
Advanced Matching - Finances
In this financial terms worksheet, students draw a line from the financial terms on the left to their matching meaning on the right. There are 15 terms and definitions to match up.
Curated OER
Choice, Opportunity, Cost and Decisions
Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
A Money Plan
Young scholars discuss what a budget is and its purpose. They create a draft of a simple budget that they could possible use. They discuss their trade-offs when they choose to follow a budget.
Khan Academy
Khan Academy: Lesson Summary: The Circular Flow and Gdp
In this lesson summary review and remind yourself of the key terms and calculations used in describing the output of an economy. Key topics include the expenditures approach, income approach, and value added approach to calculating GDP...