Economic Education

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: admin | 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: admin | TAGS: , , , , , , , , , , , , , , , , , , , , , ,

CEE In The News: US Teens Fall Behind in International Financial Literacy Exam

Last week, the 2012 Programme for International Student Assessment (PISA) released the findings from the largest international financial literacy assessment ever conducted –  and the data was revealing. While China received top marks all around, US scores placed American students squarely in the middle of the 18 nations tested.  This widely syndicated article, originally published by Associated Press, points to data from CEE’s Survey of the States as evidence of the variation from state-to-state in what is required, noting that only 19 states require a personal finance to be taught in high school.

Additionally, PBS reached out to our CEO and President Nan J. Morrison for comment.

Like many other leaders in the financial literacy space, she remarked that the results were disappointing, but not surprising given that many parents and teachers do not feel equipped to pass personal finance skills onto their children. But on a positive note, as a benchmark for progress, the PISA results will be incredibly helpful to parents, educators, policy makers and advocates as we work to improve.

POSTED: July 17, 2014 | BY: admin | TAGS: , , ,

CEE Hosts “Building the Financial Literacy of Illinois Students” Event in Chicago

Last month in Chicago, the Council for Economic Education held the third of our Spring series of policy luncheons on “Building the Financial Literacy of Illinois Students.” Two panel discussions addressed two topics: first, the role of public-private partnerships in advancing financial literacy education; second, financial literacy success stories from Chicago Public Schools.

Moderator Gail MarksJarvis of the Chicago Tribune opened by addressing the importance of teaching the grammar of financial literacy through an early education: “The financial industry knows financial information inside and out, but because of this, they have a hard time speaking English. People think these financial experts know some secret. There is no secret.” State Senator Tom Cullerton concurred, noting that “The earlier we can teach people financial literacy, the better off they can be,” and pointing out the critical role of our educators: “You have to have the teachers educated to this and passionate about sharing this with our kids.” Read more…

POSTED: July 17, 2014 | BY: admin | 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: admin | TAGS: , , , , , , , , , , , , , , , , , ,

Jean McKnight from Cienega High School, Arizona on Tech for Teachers

CEE’s new 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 1 of 8.

Jean McKnight from Cienega High School in Tuscon, Arizona, has discovered that her freshman class, armed with laptops in hand, is more likely to be engaged in learning if they can combine learning with being on the computer. Apps, websites, and videos bring economic concepts to light for her high school students and spark a love of learning that wasn’t there before.


Also of interest… check out “Tech for Teachers” presentation by CEE’s Director of Educational Technology, John LeFeber found on EconEdLink, here.

Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on July 16th, 2014.

POSTED: July 9, 2014 | BY: admin | TAGS: , , , , , , , , , , , , , ,

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