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Raising Money for Government Services
Students evaluate how money is raised to pay for government services. They describe why governments need revenue to provide goods and services. They create a list of government expenditures at the federal, state and local levels. They...
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African Safari
Students create an Excel spreadsheet that show a budget for a trip to Africa to see wildlife. In small groups, they complete internet research to determine the countries and sites to visit then calculate the costs involved for the trip....
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Integrated Resource Management
Students identify and analyze the concept of integrated resource management. Then they identify the importance of computers in manufacturing management. Students also identify and define the meaning of acronyms such as CAD, CAM, CIM,...
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Making Choices
Students determine that limited resources require choices. They study the basic concept of a budget and use addition, subtraction, multiplication, and division (with whole numbers, fractions, decimals and/or percents, mixed numbers) to...
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Savings and Consumption
Young scholars engage in a study that is focused upon the practice of how financial savings is accumulated and spent. This is based upon the rate of consumption with spending. The lesson helps students to create a working budget...
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Count Your Credit
Students begin the lesson by discussing credit cards, interest rates and budgets. With a partner, they complete a webquest in which they can determine the minimum payment on different amounts and interest rates on their make-believe...
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Differences and Settlement in the Legislative Budget Process
Students discuss the issues at hand when legislators are trying to agree on policy. In groups, they role-play different roles within a sub-committee when trying to balance the budget. They present their findings to the class and...
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Spending=Q X P Module
High schoolers view a series of of short animated modules to relate the total spending in the economy to production and prices. They use this information to simulate the economy of a town called Spendsville. In the simulation, they...
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Personal Budgeting Project
Students create an Excel spreadsheet of a personal budget by estimating their possible income and monthly expenses from a worksheet. They group together to create a family unit and use the personal budget sheets to plan a family budget.
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A Look At Spending
Middle schoolers use an outdated budget to examine what the county spends its money on for its citizens. Using county information, they describe how the Board of Supervisors make budget decisions and how it can shape public policy. ...
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The Fairfax County Budget -- A Look At Spending
Students brainstorm a list of items that should be a priority for the government to help its citizens. Using an out of date budget, they identify individual line items and the conflicts involved in making a budget work. They discuss...
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On Your Own
Seventh graders research a certain type of job. They write the details of finding the job and describe the job duties. Students also describe a living arrangement and all the costs associated with it. Then they create a physical budget...
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Plan A Meal For A Family Of Four
Fourth graders use critical thinking skills in order to plan a meal for a family of four. They integrate the knowledge of the Food Pyramid in order to make the meal acceptable. Students use a budget and then create a list for shopping...
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Careers
Eighth graders research careers on the computer to determine which career they are interested in. They create a spreadsheet using the Excel program and calculate the budget for their desired lifestyle and determine if this income is...
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Redistributing Utah's Tax Resources: Burdens and Benefits
Students divide into three groups to investigate the use of community resources. The groups are given a budget and decide which services are most important by conducting discussions. They put the arguments for the spending in writing for...
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Town Budget Meeting Simulation: Meeting Needs of Young and Old Lesson Plan
Students participate in a simulation in which they determine the town budget to help programs in their community for the young and old. In groups, they brainstorm a list of the needs of the young and old and share their thoughts on why...
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Japan's Economic Miracle
Young scholars engage in a lesson that discusses the economy of Japan. They conduct research using budgets found on the internet. Then they have group discussions of how the government gets its money for spending.
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Saving Money On Household Items
Students use sale ads to compare and contrast prices on groceries, electronics, appliances and other goods. Working in groups, students brainstorm ways to save money on these items. This lesson plan is intended for students acquiring...
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Prom Date
Students use the internet to research the cost of going to the school prom. As a class, they brainstorm about the things needed in order to go to the dance and use advertisements to make a budget. After all of the data is collected,...
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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 instructional activity of a mock household. Students create a...
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Family Purchases
Students generate a gift list for their family members making sure the costs remain under budget. They research the cost of items on the internet, calculate sales tax, and determine the total cost for all of the gifts.
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Shopping
Fifth graders simulate a shopping experience. Students are given a specified amount of money and they must spend it. Students choose five items they wish to purchase and determine if they can afford the items.
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Pay Check Advance Loans
Students explore the implications of obtaining loans. They assess interest rates, amount to be paid back, and the implications if they do not pay back the loan on time. Students develop a comparison chart.
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The NHS: Central Government Spending
Students explore England's National Health Service (NHS). They identify problems and suggest solutions to an imaginary incident. Students plan the hospital budget. They discover that spending decisions are political.