Curated OER
Mathematics: Budgeting
Pupils develop a month long budget. They use problem solving skills to adjust their budgets for unforeseen expenses. They use checks to pay mock bills.
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 1)
This is the first of four lessons on banking for elementary students. This lesson plan provides the students with information on banking; it also allows them to try out some procedures for thinking about money and banking. There is a...
Council for Economic Education
Econ Ed Link: The Story of Jack and the Bank Stalk
Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is a good lesson about the importance of knowing about money and banks. The story of Jack asks the question, "What is money?"
Crayola
Crayola: Money in the Bank
Young bankers and storekeepers practice counting money and making change. They keep their money in this recycled-box bank.
Other
Federal Reserve Bank of New York: Econ Explorers Journal [Pdf]
In this collection of lesson activities, students will complete an "Econ Explorers Journal" to help them learn how economics is involved in their neighborhood, the books they read, in earning a living, at their banks, in their homes, and...
PBS
Pbs Teachers: Electric Money Teaching Guides (History of Money Resources)
Five teaching guides containing interdisciplinary lessons that can be used to explore the characteristics of money; how credit, debit, and smart cards work; financial markets and transactions; and similar topics. Designed as complements...
Federal Reserve Bank
Federal Reserve Bank of St. Louis: Less Than Zero [Pdf]
This lesson accompanies a story by Stuart J. Murphy called Less Than Zero and teaches young scholars about how to manage their money by saving it and setting goals for themselves.
Council for Economic Education
Econ Ed Link: Banking Is Interest Ing!
Banks are important to Americans. We use banks to save money and earn interest, or borrow money and pay interest. This lesson introduces the concepts of banking to children.
iCivics
I Civics: Banks, Credit & the Economy
This lesson focuses on the relationship between money, banks, and lending in our economy.
Khan Academy
Khan Academy: Lesson Summary: Banking and the Expansion of the Money Supply
This lesson summary from Khan Academy is intended for students who are taking the AP Macroeconomics course. For this lesson summary will review key terms and calculations related to fractional reserve banking, required reserves, excess...
PBS
Pbs: Your Life, Your Money: Educators & Families: Picking a Bank
Learn how to select a bank through comparing and contrasting bank options.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Building Block Barter Lesson
Lesson plan for 3 - 5 graders about the advantages of using money instead of bartering.
Council for Economic Education
Econ Ed Link: Agent Pincher: P Is for Penny or Where Did Money Come From?
What if we woke up tomorrow and found that there were no more pennies? Or what if we found that money had disappeared altogether -- not only from our pockets but from banks, stores and all the other places where we would expect to find...
Council for Economic Education
Econ Ed Link: Banks & Credit Unions (Part I)
Students learn about banks and credit unions, identifying similarities and differences between the two types of financial institution. They also evaluate a local bank and credit union to determine which one would be better suited to...
Council for Economic Education
Econ Ed Link: Multipliers and the Mystery of the Magic Money
Young scholars learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and how the Federal Reserve uses the reserve requirement and loans to correct economic instability.
Federal Reserve Bank
Federal Reserve Bank of St. Louis: The Pickle Patch Bathtub [Pdf]
A lesson based on The Pickle Patch Bathtub by Frances Kennedy, where students learn about making choices in how to spend money, and how to set goals and develop a savings plan.
University of Nebraska Omaha
Ec Ed Web: Virtual Economics Web Companion
The Virtual Economics Web Companion for K-12 economics and social studies teachers was created by the National Council on Economic Education. A wide variety of educational materials and lesson plans can be accessed through this site....
Council for Economic Education
Econ Ed Link: It's a Not So Wonderful Life
In this lesson plan students learn about banks and banking. The study the fractional reserve system, and the role the Fed plays in the money creation process.
Council for Economic Education
Econ Ed Link: This Little Piggybank Went to Market
A good lesson that conveys to young students why people work and why they keep their money in banks.
Better Lesson
Better Lesson: Loans and Savings
What are loans and how do they work? How do banks encourage people to save money? Students work on these questions in the context of the College Project.
Council for Economic Education
Econ Ed Link: Big Banks, Piggy Banks
When choosing a place to put their money, people consider how safe there money will be, how easy it is to access, and whether it will earn more money. Students explore how well different savings places achieve these objectives. This...
Discovery Education
Discovery Education: Money: Kids and Cash
This site provides a lesson about the dynamics of saving and borrowing with banks.
Illustrative Mathematics
Illustrative Mathematics: 6.rp Currency Exchange
Students use ratio and rate to answer this performance task: Joe was planning a business trip to Canada, so he went to the bank to exchange $200 U.S. dollars for Canadian dollars (at a rate of $1.02 CDN per $1 US). On the way home from...
Illustrative Mathematics
Illustrative Mathematics: F if Bank Account Balance
This task introduces the concept of a step function. It is about the changing balance in a bank account as money is deposited and removed. Aligns with HSF-IF.C.7.b.