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This teacher's guide and student guide unit contains supplemental readings, activities, and methods adapted for secondary students who have disabilities and other students with diverse learning needs. The curriculum correlates to Florida's Sunshine State Standards and is divided into the following six units of study: (1) introduction to economics, which addresses opportunity cost, supply and demand, different types of resources, entrepreneurship, property, and economic rent; (2) economic systems, which addresses the market system, command economic system, government controlled command economy, mixed economics, and measuring government control of the economy; (3) supply and demand, which addresses elastic and inelastic demand, fair market price, and profit; (4) economic institutions, which addresses types of business competition, business organizations, the role of banking institutions, and government regulation of the money supply; (5) taxes; and (6) an examination of the American economy, which addresses tools for measuring economic growth, tariffs and unemployment. The teacher's guide includes a general description of each unit's content and focus, provides suggestions for enrichment, and contains an assessment to measure student performance. The student guide includes case studies and practice activities. Appendices describe instructional strategies, list enrichment suggestions, contain suggestions for specific strategies to facilitate inclusion, and contain a chart describing standards and benchmarks. (Contains 37 references.) (CR)

The Federal Reserve was created in 1913 in response to recurring banking panics in the United States. Its mission has since expanded into fostering a healthy economy. The Federal Reserve consists of three parts: (1) the Board of Governors; (2) Reserve Banks; and (3) the Federal Open Market Committee (FOMC). The Board of Governors is the federal government agency that regulates banks, contributes to the nation's monetary policy, and oversees the activities of Federal Reserve Banks. Reserve banks conduct research on the economy, supervise banks in their regions, and provide financial services to banks and the U.S. government. The FOMC manages the nation's monetary supply to help the economy achieve sustainable growth. The Federal Reserve maintains a regional structure of 12 banks around the country, writes regulations, and supervises banks to ensure that the banking system is safe, sound, and able to respond to a financial crisis. This illustrated booklet explains the work of the Federal Reserve. The booklet concludes with a brief summary and 10 questions for students to answer for understanding the Federal Reserve System. (BT)

Most educators agree that the story of the evolution of money and banking in the United States includes many historical events that have been crucial to the nation's development. This collection of materials consists of a video, a related brochure, and a series of lesson plans about the Federal Reserve. The video provides a 14-minute introduction to the Federal Reserve and its role in the money and banking system of the United States, and the brochure summarizes the Federal Reserve today, its history and its operation. The accompanying teacher's guide includes six lesson plans: (1) "'The Fed Today': A Video on the Federal Reserve"; (2) "History of Money and Banking in the U.S."; (3) "Is the Fed Public or Private?"; (4) "The Fed's Role in Making and Setting Monetary Policy"; (5)"The Fed Is Protecting Your Money"; (6) "The Fed: Helping Keep Banks Safe and Sound." The lessons give suggestions for teachers to incorporate Web-based resources from Federal reserve Web sites. The video, lessons, and Web sites can be used with economics, government, United States history, and personal finance courses. Each lesson includes an overview, student objectives, time and materials needed, advance preparation, step-by-step procedures, and suggested extension activities. Masters for visual presentation and student handouts are included. A glossary, a map of the Reserve Banks, and list of Web sites with additional resources for teaching about the Fed are appended. (BT)

This comic-style booklet is one of a series of educational booklets published by the Federal Reserve Bank of New York. The booklet uses everyday language and lively illustrations to explain the benefits of international trade; the effects of tariffs and quotas; the significance of foreign exchange rates; how the foreign exchange market facilities trade; and why central banks sometimes intervene in the foreign exchange market. It provides, in narrative format, a historical context for the beginnings of world trade and defines or explains relevant terms used in international trade. (BT)

This guide contains 15 lesson plans on financial topics for high school students. The lessons cover the following: (1) securities in the U.S. economy; (2) careers in finance; (3) commercial banking interest rates; (4) understanding financial statements; (5) newspaper stock tables; (6) financial institution operations; (7) foundation skills--mathematics; (8) service technology; (9) all-purpose teller; (10) supervision; (11) Wall Street and the Internet; (12) money and financial institutions; (13) inflation and unemployment; (14) foreign exchange and international finance; and (15) budgeting. Lesson plans consist of some or all of these components: performance objectives, introduction, vocabulary, student preparation; methods and procedures, lecture notes or presentation outline, activities, closure, and tests. (KC)

This curriculum unit of the Muncie (Indiana) Southside High School is to simulate the dynamics of foreign currency exchange rates from the perspectives of: (1) a major U.S. corporation, ABB Power T & D Company, Inc., of Muncie, Indiana, a manufacturer of large power transformers for the domestic and foreign markets; and (2) individual consumers who purchase imported items. An interdisciplinary approach is used with a variety of skills to be enhanced. The unit is composed of four major parts: (1) introduction to ABB, exchange rates, and a map of Germany; (2) transformer manufacturing; (3) transformer cost and currency exchange; and (4) import and export-currency exchange. (EH)

This pamphlet defines "national debt," explains how the national debt is incurred by the federal government, and what deficits are. The sections of the pamphlet include: (1) "Definitions"; (2) "History"; (3) "Measurements"; (4) "Problems"; and (5) "Strategies." The text is written in a question-answer format with illustrations, graphs and charts to support the text. (EH)

This article discusses two twentieth-century stock market crashes: the crash of 1929 and the crash of 1987. When this material is presented to students, they see important parallels between the two historical events. But despite remarkable similarities in the severity and many other aspects of the two crashes, the crash of 1929 was followed by the Great Depression, whereas the market rebounded almost immediately from the crash of 1987. The consequences had obvious implications for the well being of investors in these two periods. What accounts for the differences? Are there some important economics lessons here, for both history and personal finance classes? The discussion provided in this article represents only a brief summary of some of the issues and opinions about these two stock market crashes. As a teaching tool, this information could lead to discussions about similarities and differences in the crashes themselves, their causes, and the aftermath in each case, all in the context of Fed policies. From both a historical and personal finance perspective, students discussing these topics can analyze the role of the Fed in supporting the banking system and thus helping to prevent serious repercussions from stock market crashes.

The purpose of this course of study is to improve economic citizenship through the study of the business and economic environment. Topics cover a wide range and are divided into twelve major units with lesson plans for each: Unit I--Our Economic World, Unit II--Our Economic System, Unit III--Economic Risks and Insurance, Unit IV--Money Management, Unit V--Our American Tax System, Unit VI--Planning Your Future, Unit VII--Using Credit Wisely, Unit VIII--Banks and Banking Services, Unit IX--Labor and Labor Unions, Unit X--Transportation, Unit XI--Communication, and Unit XII--You and the Law. A bibliography is appended. (HD)

This learning package is a three-semester-hour, independent-study course in principles of economics designed for postsecondary, external degree students. Keyed to the commercially published textbook "Economics Today" (San Francisco, CA: Canfield Press, 1975), the package consists of an administrator manual, a student manual, 14 audiotapes, and a student unit study guide. The manuals describe the course and outline the roles and tasks of the tutor/grader and student. The audiotapes contain supplementary readings. The study guide, which serves as the student's instructor telling him what material should be read, when to read it, and how to evaluate his progress, contains specific objectives, diagnostic tests and keys, and supplementary readings for the eight units which comprise the course. Among these units are introduction to economics; assessing the nation's economic performance; introduction to the Keynesian theory of national income determination; and money, the banking system, and interest rates. Students read the objectives of each unit and take a diagnostic pretest. The guide refers them to textbook and supplementary reading assignments for items missed. Students check their mastery of objectives with posttests. Final exams are required. Only the administrator manual and the unit study guide are on microfiche. Hard copies of the learning package, with or without the textbook and including the examinations and audiotapes, are available from the Institute for Personal and Career Development. (Author/RM)

Endeavoring to reach a goal of economic literacy, this K-12 economic resource guide provides the teacher with a context, concepts, and content about the economics of American society and the study of economics in general. Its purpose is to shorten the amount of work and time that a teacher needs to spend on reading and locating material. Based upon Lawrence Senesh's conceptual framework, this resource guide presents eight economic units: Man and His Environment; Socialization of Man; Economic Society: A Social Institution; Economic System or Market; Consumption Function and the Product Market; The Production Function and the Factor Market; Modifications of the Market Mechanism; and Measuring and Determining the Performance of the Economic System: Growth and Stability. Each unit includes a description of the context, a list of economic concepts related to the topic, and detailed outlines of the content areas. Short histories of money and banking in appendices conclude the guide. (This guide is part of a series, SO 008 676 through SO 008 680.) (Author/ND)

The booklet lists and dispels 14 economic myths through a discussion of money, economic concepts, and the Federal Reserve System. The objective is to help secondary students or adults understand the economic system as related to money and banking. Topics focus on money, banking, gold and silver, credit, government role, financial concepts, and interest. For these topics historical background information is provided, terms and concepts are defined, relationships between government and the banks are pointed out, Federal Reserve functions and operations are outlined, and various types of banks are compared. Sample myths include "Money is simply coin and paper currency,""Gold and silver are the only perfect monies,""The Government reduces money's value by printing too much currency,""Checks are money,""Banks are part of the Government,""All banks are the same,""Wall Street banking interests established the Federal Reserve and control monetary policy,""The Federal Reserve controls the amount of currency in circulation," and "Banks borrow money from the Federal Reserve at the discount rate and lend the funds at a higher rate to make profit." Cartoon drawings illustrate the concepts discussed. (CK)

The booklet explores various roles which money has played throughout history and examines the relationship between money and the Federal Reserve System. The major objective is to increase understanding of the performance of various functions such as making money work as a medium of exchange and as a measure of value and of storing value for future use. Topics discussed include the barter system as the ancestor of money, early and modern forms of money, disadvantages of coin, commercial banking, influences of banks of the money supply, bank lending, the price of borrowed money, problems of money and banking systems, monetary policy, bank reserves, Federal Reserve processing services, and the cost of operating the Federal Reserve. Information is presented in a statement/explanation format and is accompanied by illustrations and photographs. (DB)

The document is designed to aid junior and senior high school teachers develop and implement economic education programs. Particular emphasis is placed on the role of money, banking, and the Federal Reserve System in the American economic system. The document is presented in six sections. Section I focuses on functions and forms of money. Section II explains services and functions of commercial banks, including security for deposits, loans for individuals and businesses, and transfer of money payments. Section III discusses purposes, functions, and organization of the Federal Reserve System. Section IV explains the check clearing activities of the Federal Reserve Bank. Section V investigates how commercial banks create money. The final section examines how monetary and fiscal policies work. For each section, information is presented on generalizations related to the topic, activities, objectives, teaching strategies, materials needed, time required, readings, and reference materials. Activities involve students in role playing, writing checks, answering review questions, class discussion, brainstorming, reading and analyzing selected assignments, filling in worksheets, and viewing filmstrips. (DB)

This guide contains concept based lessons and activities in economics for use with students in grades 4-6. One component of a two-part publication, the guide demonstrates how the conceptual structure of the economics discipline presented in the first publication (ED 148 648) can be used to help students at the intermediate grade level make more effective economic decisions. By selecting lessons to supplement existing courses or texts, teachers will be able to upgrade the quantity and quality of economics instruction. The concepts taught are: scarcity, costs, property and economic systems, demand and supply, competition versus monopoly, money and banking, and inflation and deflation. Part One, which comprises about half of the publication, contains 16 classroom tested lessons. Most of the activities include group interaction and discussion, involving students in simulations and role playing situations. Each lesson contains a description of concepts to be taught, a rationale, objectives, specific teaching procedures, students materials, followup activities, and evaluation questions. Part two contains three units of study involving students in organizing a company, producing a product, and selling it to demanders; analyzing and critiquing economic commentaries made by political cartoonists; and building a town in the days of the Gold Rush. The third part of the guide describes an experience-based instructional system called Systems: The Mini-Society. In this activity students create their own society and make economic decisions the consequences of which affect their lives. (Author/RM)

This curriculum guide is intended to assist business teachers in enabling students to develop consumer-business and socioeconomic competencies necessary for success in this competitive free enterprise system. Introductory materials include suggested teacher activities. Materials for 12 units are provided. Each unit contains these components: time element, rationale, general performance objective(s)/goal(s), specific performance objective(s) and mastery criteria, content outline, listings of required and supplementary teaching-learning activities, and a vocabulary list. Topics include the nature of business in the American economic system; responsibilities of citizenship; relationship among government, business, and labor; the consumer in the American economic system; role and function of financial institutions; personal money management; savings and investment; wise use of credit; insurance as a means of protection; the computer and the individual; and career planning. Lists of resources include books, catalogs, audiovisual materials, and publications. (YLB)

Describes a class banking project whereby students deposited their ice cream money, received a more nutritious snack as interest, and saved enough to buy books. Includes activities across the curriculum related to the banking project. (HTH)

This book contains 172 creative teaching ideas pertaining to various subject areas and aspects of business education. Most of the ideas included are intended for use in secondary and postsecondary classrooms; however, a few are applicable at all grade levels. The teaching ideas are organized according to the following subject areas/topics: accounting (beginning, intermediate, and advanced accounting); administrative management systems (administrative office procedures and dictation/transcription); banking; basic business; business communications; business law; business math; computer technology (database, desktop publishing, electronic mail, information/word processing, spreadsheets, telecommunications, and general); critical thinking skills; economics; entrepreneurship; ergonomics; evaluation; human relations (interviewing and interpersonal skills/relationships); imports/exports; insurance; international business; keyboarding; marketing business education (placement and recruitment and retention); miscellaneous; and professional development (dress, ethics, etiquette, personal finance, professional growth, work attitudes). Each idea is presented on a separate information sheet. Each information sheet contains the following: subject area, grade level, title, objective, step-by-step procedure, and contributor's name and school. A list of contributors is included. (MN)

This document is a text for teaching economics. The book is divided into seven units. Unit 1 is called "What is Economics?" Its seven chapters discuss economics and scarcity, money, the role of the consumer, the role of the producer, capitalism and the free enterprise system, and the circular flow of the economy. The second unit is "How the United States Economy Works." The four chapters discuss the marketplace, profits, competition, and inflation. In Unit 3, "Wages, Labor, and Taxes," the distribution of income and wealth also is discussed. Unit 4, "The World of Business," has three chapters on: (1) investments, corporations, and the stock market; (2) interest rates and banks; and (3) the business cycle. Unit 5 is on the role of government and discusses monetary policy, fiscal policy, the national debt, the gross national product, and managing the resources in the five chapters contained in this unit. Unit 6 is on comparing economic systems. In this unit chapter 24 identifies the three basic economic systems: (1) traditional economy; (2) command economy; and (3) market economy. Chapter 25 focuses on socialism, and chapter 26 on communism. Unit 7 is called "A World View" and includes three chapters on world trade, paying for foreign trade, and the strength of the dollar. Each unit begins with cooperative learning exercises and concludes with a unit review. Each chapter begins with a brief preview and ends with questions to probe general understanding. The book concludes with a glossary of terms, and an index. (DK)