Middle School - Economics
Information relating income, work, and economic concepts to individual career choice and money management
Learner Goal 1
Understand the relationship of income and money management skills to lifestyle.
Indicators
- Identify strategies for managing resources (for example, talents, time, money) to achieve tentative career goals.
- Demonstrate the ability to access benefit and income information relative to career fields of interest.
- Identify family financial goals related to education and training options as reflected in the ICP.
Learner Goal 2
Understand how work relates to the needs and functions of the economy and society.
Indicators
- Describe the importance of work to society.
- Describe the relationship of work to economic and societal needs.
- Describe the economic contributions that workers make to society.
- Describe the effects that societal, economic, and technological changes have on occupations.
Learner Goal 3
Gain knowledge of the interrelationship of life roles.
Indicators
- Identify how different work and family patterns require varying kinds and amounts of energy, participation, motivation, and talent.
- Identify how work roles at home satisfy needs of the family.
- Identify personal goals that may be satisfied through a combination of work, community, social, and family roles.
- Identify personal leisure choices in relation to lifestyle and the attainment of future goals.
- Describe advantages and disadvantages of various life-role options.
- Describe how family, occupational, and leisure decisions are interrelated.
Suggested Activities
- Panels of financial agency workers
- Student development of financial plans
- Long-term and short-term financial strategies
- Real or simulated banking accounts
- Mini-societies
- Research projects related to occupational income and benefit options
- Classroom partnerships with financial institutions
- Classroom corporations
- Entrepreneur panels
- Stock market simulations
