General News

Video Lesson 13: Who Decides Wage Rates?

Lesson 13: Who Decides Wage Rates is one of twenty-eight lessons from CEE’s Third Edition of High School Economics. The course incorporates hands-on classroom activities with interactive online lesson supplements to give students an immersive education experience.

Scott Bacon of Mt. Pleasant High School in Wilmington Delaware explains how to effectively lead students through Lesson 13′s classroom activities and discussions.

Objectives for Lesson 13:

  • Explain how sellers and buyers of labor interact to determine wage rates for labor.
  • Explain how productivity of workers can impact the ability of workers to earn higher wages.

To learn more about the Third Edition of High School Economics click here.

POSTED: March 6, 2015 | BY: Daniel Thompson | TAGS: , , , , ,

Video Lesson 8: Productivity

Lesson 8: Productivity comes from CEE’s new and revised Third Edition of High School Economics. The course provides teachers with 28 engaging lessons. All lessons have been field-tested and align with the Voluntary National Standards in Economics and Common Core State Standards (ELA and Math).

In this video, watch Andrea Caceres-Santamaria, from Seminole Ridge Community High School, demonstrate how to properly guide a classroom through Lesson 8.

Lesson 8 has three Objectives:

  • Define Labor Productivity as output per worker.
  • Explain how the division of labor and investment in human capital and capital goods improves productivity.
  • Explain why increased productivity is important to the economy and individuals.

Click here to discover more about the Third Edition of High School Economics.

POSTED: March 3, 2015 | BY: Daniel Thompson | TAGS: , , , ,

Financial Literacy’s Importance

Last month The Labor Department reported that unemployment rates have fallen in 42 states–another sign that the overall US economy is making a significant recovery. However, while the current gains in the economy are encouraging, financial literacy still needs to remain a top priority for national and state educators.

Many policy makers and organizations like CEE have been working to educate students about their personal finance for many years. But this last recession seems to have magnified the issue for many Americans.

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POSTED: February 24, 2015 | BY: Daniel Thompson | TAGS: , , ,

Stocks in the Future Teaches Kids Stock Market Basics

Many adults struggle to understand the basics of stock market investment. The next generation does not have to be so financially illiterate thanks to the efforts of the Stocks in the Future organization.

The organization provides middle-schools a financial investment program that rewards students with real money which the students then invest in companies like Coca-Cola and Facebook. When the students graduate they gain full ownership of their stock portfolios.

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POSTED: February 13, 2015 | BY: Daniel Thompson | TAGS: , , , , ,

2014 Visionary Awards Fireside Chat

The Council for Economic Education hosted its 9th Annual Visionary Awards dinner last October. The dinner is an annual celebration honoring leaders who promote economic and financial literacy to create a better-informed society.

The Visionary Awards Honorees were:

  • Richard G. Ketchum, Chairman and Chief Executive Officer, FINRA;
  • Raymon W. McDaniel, Jr., President and Chief Executive officer, Moody’s Corporation;
  • Professor Christina D. Romer, Class of 1957 – Garff B. Wilson Professor of Economics, University of California, Berkeley;
  • David Wessel, Director of The Hutchins Center on Fiscal and Monetary Policy at The Brookings Institution and Contributing Correspondent to The Wall Street Journal.

Master of Ceremonies Steve Liesman, CNBC Senior Economics Reporter, led the night’s Fireside Chat covering such topics as the United States’ road to recovery, the broader role banks will have in the economy, and the public perception of President Obama’s handling of the economy.

POSTED: February 10, 2015 | BY: Daniel Thompson | TAGS: , , , , , ,

A Look Back at the 2014 Annual Conference

The Council for Economic Education’s 2014 Annual Conference in Dallas, Texas was a rousing success with 475 educators attending the Conference. Attendees included instructors from eight countries, 200 new attendees, and 250 K-12 teachers from 34 states.

Conference goers were able to hear talks from top economists such as Richard W. Fisher and Alan B. Krueger. Fisher, the President and Chief Executive Officer at the Federal Reserve Bank of Dallas, spoke at the Teacher Recognition Luncheon on the importance of education and his perspective on the robust growth of regional economies. Later that day, Krueger, a Bendheim Professor of Economics and Public Affairs at the Wilson School at Princeton University, spoke to attendees about the financial crisis of 2008-09 through the lens of behavioral economics.

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POSTED: January 21, 2015 | BY: Daniel Thompson | TAGS: , , , , , ,

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