CEE

Florence Falatko from Cromwell Valley Elementary on Teaching Outside of the Classroom

CEE’s Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 4 of 8.

Florence Falatko from Cromwell Valley Elementary Regional Magnet School of Technology in Towson, Maryland, teaches 5th graders that are motivated and excited to learn about economics in and out of the classroom. Ms. Falatko has found innovation with Edmodo, a web platform administered by the teacher, where students can discuss and collaborate on projects in addition to communicating with their teacher during off hours. The result? Students leave Ms. Falatko’s economics class with a thorough understanding of financial literacy as they go forward for the rest of their education.

Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on August 6th

POSTED: July 30, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , ,

CEE’s Free Car Shopper App Available

The Council for Economic Education is introducing their new Car Shopper App, now available on the Android App store for free! Teach students what it really means to purchase a car with Car Shopper. With this app, it’s easy for students to unlock the hidden costs of their dream car in order to see for themselves. Students will be able to compare what they thought the cost of a car was versus the actual cost, by seeing the app adding up gas prices and factoring in finance options.

Inside the app, students can pick the type of car they want while the app links to real and current prices of cars. After selecting their car, students then get to choose financing options for their purchase by toggling the amount of money they want to put down, the finance rate, and contract length. Next, gas prices are then factored in and tailored to your region for accuracy in pricing. By the end, the student is shown a breakdown of the car’s price, indicating the final total and the price per month.

Carshopper App1 182x300 CEE’s Free Car Shopper App Available

This visual representation will show students, first-hand, the cost-benefit analysis of buying their dream car. By taking them step-by-step through the process, this free app is able to show how the prices add up and how buying a car is something to be carefully calculated before making any purchase.

Written by GeorgiAnna Carbone-Wynne, a rising junior at Wake Forest University in Winston-Salem, North Carolina studying English and Communications. She is currently a marketing intern at the Council for Economic Education.

POSTED: July 22, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , , , , , , ,

Dr. Sonia Noyola from Collegiate High School on Using Film to Teach Economics

CEE’s Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 2 of 8

Dr. Sonia Noyola from Collegiate High School in Corpus Christi, Texas, explains how she motivates her high school seniors by assigning a class project where students are tasked with creating their own short films to explain and demonstrate economic concepts like scarcity and opportunity cost.


Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on July 23th, 2014.

POSTED: July 16, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , , ,

Florida First in Nation to Adopt Council for Economic Education’s K-12 National Standards for Financial Literacy

Florida to Implement New Framework for Teaching Personal Finance in Schools

NEW YORK, June 30th, 2014 – This week, the Florida State Board of Education announced the adoption of the Council for Economic Education’s (CEE) K-12 National Standards for Financial Literacy, leading the nationand raising the bar for financial literacy education in the state. Designed to help students learn to make thoughtful, deliberate choices as consumers, savers, investors and informed citizens, the National Standards teach more than just the facts; students understand how their personal situations and preferences affect their financial decision making, while beginning to understand the trade-offs inherent in every choice they make. Florida is the first state in the nation to adopt CEE’s National Standards.

Upon careful review, the Florida Board of Education determined that these Standards were appropriate to be adopted as part of the Next Generation Sunshine State Standards for Social Studies. From the Florida State Board of Education’s official agenda notes:

The [National Standards] are specific and measurable. They are organized in the same format as the existing strands of the NGSSS for Social Studies. In addition to the appropriate concepts specific to the content, the standards also address literacy, mathematics, problem solving, creativity, cross-cultural understanding and 21st century skills. We acknowledge the work of the Council for Economic Education that allows for Florida to adopt existing standards that require students to reach for excellence.

The National Standards were developed by a team of experienced and talented economists, education specialists at Federal Reserve banks, and financial education researchers, to create a framework for the body of knowledge and skills that should be contained in a K-12 personal finance curriculum. The standards contain the six areas of knowledge and understanding that are fundamental to personal finance: Earning Income; Buying Goods and Services; Using Credit; Saving; Financial Investing; and Protecting and Insuring. Each standard emphasizes decision-making skills by explicitly relating planning and goal setting, financial decision-making, and assessing outcomes to each standard. In the end, more informed choices lead to better choices as well as greater satisfaction with the choices that are made.

Written in accessible, easily understandable terminology, the standards are not tethered to any specific curriculum, do not assume any prior financial knowledge, and are designed to be applicable to all socio-economic groups. These standards provide the basis of student assessment, for curriculum development, and for the development and correlation of personal finance to existing and new lessons and other teaching materials. Funding for the standards was made possible by First Financial Bank USA.

Adoption of these standards further lays the groundwork for a standalone high school course in financial literacy in Florida.  For the past three years the Florida Council for Economic Education has been working with state legislators and other government, business, and education leaders to “Require the Money Course.”

“If all Florida students leave school equipped with a solid standards-based personal finance course, supported by teacher training and course assessment, the next generation of Floridians will have the tools they need to manage their money, the knowledge necessary to achieve their financial goals from college to retirement, and the ability to be productive employees and contributors to the state’s economy,” said Michael L. Bell, Executive Director, Florida Council on Economic Education.

“We are thrilled that Florida has adopted our National Standards for Financial Literacy, leading the nation in their commitment to K-12 personal finance education,” said Nan J. Morrison, CEO and President, Council for Economic Education. “By implementing these Standards, Florida schools ensure that their students learn the critical skills they need, not only to make sound financial decisions but to make smart choices in all aspects of their lives.”

About the Council for Economic Education

The Council for Economic Education is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school – and we have been doing so for 65 years. We carry out our mission by educating the educators: providing the curriculum tools, the pedagogical support, and the community of peers that instruct, inspire, and guide. All resources and programs are developed by educators, and delivered by our national network of affiliates. Our goal is to reach and teach every child. Each year CEE’s programs reach more than 55,000 K-12 teachers and over 5 million students across the United States. For further information about the Council for Economic Education go to: http://www.councilforeconed.org.

About the Florida Council on Economic Education

The mission of the Florida Council on Economic Education is to prepare Florida’s young people for personal and financial success through educational programs in economics, the free enterprise system and personal financial literacy so that they become productive members of the workforce, responsible consumers and wise investors. An affiliate of the Council for Economic Education, The FCEE supports five Centers for Economic Education that train k-12 teachers in economics, entrepreneurship, personal finance and the free enterprise system. For further information about the FCEE go to: http://www.fcee.org.

POSTED: July 1, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , ,

Calling All Teachers: Join the Council for Economic Education For 53rd Annual Financial and Economic Literacy Conference in Dallas

Hands-On Sessions and Valuable Networking Opportunities for K-12 Educators

DALLAS, TX (June 25, 2014) This October, the Council for Economic Education will convene over 500 K-12 educators, industry thought leaders, and local affiliate, Federal Reserve and other partners from across the country for the 53rd Annual Financial and Economic Literacy Conference in Dallas, Texas. With networking events and over 100 hands-on training sessions, teachers can attest to the conference’s invaluable benefits: 96% of 2013 attendees reported that they are still using information or resources they gained at the conference; and 100% of attendees would recommend CEE’s Annual Conference to a colleague. And what’s more, by attending, teachers will earn certificates of completion that may be applied toward CEU requirements.

Annual Conference sessions are designed to help teachers incorporate economic and financial literacy in the classroom, offering an incredible opportunity to share and exchange ideas. A few highlights:

Additionally, special roundtable sessions led by master teachers offer an opportunity to share best practices at the elementary, middle and high school levels.

This year’s distinguished guest speakers include  Richard2014 conference tall sponsor 180x300 Calling All Teachers: Join the Council for Economic Education For  53rd Annual Financial and Economic Literacy Conference in Dallas  W. Fisher (invited), President and Chief Executive Officer, Federal Reserve Bank of Dallas; Sharon Epperson, CNBC Senior Energy and Personal Finance Correspondent and frequent contributor to Today and NBC Nightly News; and Professor Alan B. Krueger, Bendheim Professor of Economics and Public Affairs at Princeton University. Professor Krueger served as Chairman of President Barack Obama’s Council of Economic Advisers and a Member of his Cabinet from November 2011 to August 2013.

The 53rd Annual Financial and Economic Literacy Conference will be held October 8 – 11 at the Renaissance Dallas Hotel in Dallas, Texas.

For more information about the Annual Conference and to register please visit: http://www.councilforeconed.org/events/cee-national-conference/

About the Council for Economic Education

The Council for Economic Education is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school – and we have been doing so for 65 years. We carry out our mission by educating the educators: providing the curriculum tools, the pedagogical support, and the community of peers that instruct, inspire, and guide. All resources and programs are developed by educators, and delivered by our national network of affiliates. Our goal is to reach and teach every child. Each year CEE’s programs reach more than 55,000 K-12 teachers and over 5 million students across the United States. For further information about the Council for Economic Education go to: http://www.councilforeconed.org.

POSTED: June 30, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , ,

The work of the President’s Advisory Council on Financial Capability for Young Americans

April 14 The work of the President’s Advisory Council on Financial Capability for Young AmericansBy Beth Kobliner, Member of the President’s Advisory Council on Financial Capability for Young Americans; Author of the New York Times bestseller Get a Financial Life.

I certainly hope I’m wrong about this one.

But when results from the first PISA international test of financial literacy are released in July, I have a sneaking suspicion that the financial know-how of young Americans will be disappointingly low when stacked up against their peers around the world. But hey: If that turns out to be true, let’s not blame a bunch of 15-year-old kids (they’re the ones who took this Program for International Student Assessment test back in 2012). No, we grown-ups should be pointing the finger right back at ourselves. The fact is we are not adequately preparing our kids for a financial literacy test—or, more importantly, for the real-life tests to come as these young adults make their way in a complex financial world. Thanks to the CEE’s annual Survey of the States, we know that while four additional states now require students to study personal finance, that makes just 17 states total.

We can do better—and we will do better. Read more…

POSTED: April 14, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , ,

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