The Federal Reserve Bank of San Francisco
Click here to open FedRing.
Econ Ed and the Fed
Classroom Activity of the Month

Class Activity of the Month

Lesson Plan
What is the importance of developing job skills?

 

Overview

This lesson introduces students to the connection between education attainment and earning potential. Students will participate in a classroom activity where they develop a budget according to a given scenario. Additionally, students will actively read and discuss a Dr. Econ Question: What is the importance of developing job skills?

Lesson Plan Materials

Complete Lesson Plan
(PDF - 565KB)
State Content Standards
(PDF - 22KB)
Personal Finance Presentation
(optional) (PPT - 2.21MB)
Presentation Instructions
(PDF - 46KB)

Economic Concepts Covered in the Lesson Plan:
  • Choice
  • Personal finance
  • Labor markets
Learning Objectives:
  • Identify the relationship between education and income level.
  • Develop a budget.
  • Explore changes in labor market trends.
Estimated Time Required:
  • One 50 minute class period
Materials Needed:
  • Complete Lesson Plan (PDF - 565KB)
    • Handout #1: Student Budget, one per student
    • Handout #2: Budget Card, one budget card per student
    • Handout #3: Discussion questions, one per student
    • Visual #1: Team Budget
  • Calculator, one per student
  • 3x5 cards or a blank sheet of paper, one per student
Home

Class activity of the month

What do you think of our newsletter? Vote here!
Upcoming Events

Want more Dr. Econ? Check out the Dr.’s new look

12th District Economic Trends
Hot Topics in the Banking World
Bank Tours
Fed Center in San Francisco
Fed Gallery in Los Angeles

Find Your Local Public Information Contact

FederalReserveEducation.org
View past issues of Econ Ed and the Fed
The fall school year is just around the corner. What topics would you like to see “Econ Ed and the Fed” address in upcoming issues?
The national savings rate
Recent banking trends
Developments in cash and check services
An overview of the Federal Reserve System
View to see which topic
is winning!