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Wisconsin Economic Standard
D.8.10
Economic Institutions
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Identify the economic roles of institutions such as corporations and businesses,
banks, labor unions, and the Federal Reserve System
Economic Concepts
Corporation || Business || Banks
|| Labor union || Federal Reserve System
Links to Content Information
Links to Lesson Plans and other Suggested Teaching Strategies
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A
Penny Saved is a Penny at 4.7% Earned - Grades 6-8. Students establish a
budget, define interest, and compare different budgets. |
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Teaching
Basic Banking Principles - Grades 7-12. This lesson provides an interesting
approach to showing how banks "create" money, what reserves are, and what a
"run" on a bank is. |
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Other
Web Sites - This page lists web sites offering a wealth of
lesson plans for teaching economics, in addition to these lesson
plans. |
List of Curricular Materials and Learning Activities
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Master Curriculum Guide in Economics: Teaching Strategies 5-6 from
Economics
America (search catalogue), available
from Economics Wisconsin. Unit 5,
Lesson 15: Savers and Borrowers - In this lesson students encounter
difficulties in lending and borrowing. They identify financial institutions as
effective intermediaries in this process. In closure they discuss the role credit
can have on the growth of a community. |
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The Community Publishing Company - Grades 3-5. In this series of
33 lessons, students explore their communities, then write reports, form a publishing
company, and manufacture and sell their book. Through this involving and motivating
program, students learn economic concepts: scarcity, opportunity cost and trade-offs,
productivity, economic institutions and incentives, exchange, money, and interdependence,
markets and prices, supply and demand. From Economics
America (search catalogue),
available from Economics Wisconsin. |
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Ump's Fwat - Grades 1-8. This 24-page illustrated book teaches
basic economic concepts through the story of a cartoon-character caveman named Ump. As Ump
turns his idea (the Fwat) into a successful public company, students will learn about the
principles of capital formation, including savings, investment, profit, employment,
stocks, and dividends. From Economics
America (search catalogue). |
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Focus on Economics: United States History, from Economics
America (search catalogue), available
from Economics Wisconsin. Lesson 13:
Why Would Grape Pickers Ask People Not to Buy Grapes? - Students examine the problems of
grape pickers and identify the costs and benefits associated with alternatives they
might consider. pp.130-137 |
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Economics for the Elementary Classroom by Elaine C. Coulson and Sarapage
McCorkle, 1982. St. Louis, MO: SPEC Publishers. The following lessons for grades
2-6:
* What? How? For Whom? - pp. 78-79 |
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Money and Banking: Middle School Curriculum by
Kathleen Ryan Johnston; 1993. Includes units: Introduction to Money, Federal Reserve
System, and Banking as a Business/Services Banks Provide. Published by: Banc
One Wisconsin Corporation
111 E. Wisconsin Avenue
P.O. Box 481
Milwaukee, WI 53201
(414) 765-2566 |
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Virtual Economics: An Interactive Center for Economic Education, Version 2
- Each exhibit includes teaching tips, background information, a list of lessons, and
video and audio clips that give additional information about the topic. Available
from Economics
America (search catalogue).
- In section Fundamental Economics, see exhibit: Economic Institutions and
Incentives
- In section MacroEconomics, see exhibits:
- Monetary Policy
- Fiscal Policy
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National Content Standard 6.
Email an expert
Developed by
Lynn Kirby, Ph.D., Education and
Technology Consultant and
Larry Weiser, Ph.D.,
Program Director, EconomicsWisconsin
University of Wisconsin--Stevens Point
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