Economic Standard and Business Education

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Economic Standard and Business Education
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Table of Contents

• History
• Process
• Registration
• Mapping the Standard
• Text Selection
• Curriculum Ideas

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History

• Intro to Business Vs. Economics
• Business Ed. Vs. Social Studies
• Non Credit Vs. Credit
• State Licensure
• Number of Economic Courses
• Highly Qualified

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Process

• Kept Principal Informed
• Researched other schools
• Contacted Union Rep
• Principal Made Decision
• Updated Site Team
• Updated Other High School
• Updated School Board
• Very Important to Keep it on the Up and Up

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Registration

• Goal How to promote our class without offending
  the Social Studies Department
• Simple Solution Divide all registrants between
  the two departments
• Gives lots of flexibility to buildings with
  regards to FTEs from year to year
• Eliminates competition
• Because of the complexity of the standard and
  subject matter, class is limited to juniors and
  seniors

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Mapping the Standard

• Meetings with both Social Studies and Business
• 58 Benchmarks to meet
• Debated the following to fit in the entire
  standard
• 2 classes (one macro/one micro)
• Make macro required/micro elective
• Have the class be a semester long
• Due to scheduling issues, course was scheduled to
  be one class, one term

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Mapping the Standard

• Reviewed all 58 benchmarks
• Organized the benchmarks into an appropriate
  curriculum map
• Outcomes and skills met
• Discussed how we were going to cover all the
  benchmarks in 9 weeks.
• Needed to make sure we assessed these benchmarks
  to meet the state requirements
• Discussed course layout, projects, and assessments

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Textbook Selection

• Met with Reps from Thompson, Holt, and Prentice
  Hall
• Level of text must meet all students needs
• Did it meet the standard
• Teacher Resources
• Online Text (this was a selling point)
• Extras
• Clicker, Discount

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Curriculum Ideas

• Stranded
• Used as a fun project when discussing scarcity
• Divide class into groups of three or four
• A typical weekend cruise gone awry. The ship
  sinks and you are afloat for 2.5 days.
• Students draw from a random list of tools and
  supplies they took from the ship before it sank
• Examples raft, knife, binoculars, spoon,
  plastic bottle, etc. Each group will get a
  different list
• Using scarce resources, students will develop a
  survival plan

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Curriculum Ideas

• Your City Business Project
• Do the following
• Research the different types of businesses that
  are in the business/shopping district
• What goods and services are provided by these
  businesses
• Why do you suppose the owners chose their
  location
• What are the costs and benefits of locating in
  that area
• What other types of businesses would do well in
  that area
• Present your findings in a Word or PowerPoint
  document

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Curriculum Ideas

• Franchise Project
• Have students use the Internet to research
  various franchising opportunities
• Franchise.org, and many others
• Students have 250,000 of capital to invest
• Students come up with 5-7 opportunities for their
  city
• Describe Franchise attributes investment and
  fees, support, training, how many, locations
• Students give final recommendation of their
  franchise and where in their community they would
  locate the business

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Curriculum Ideas

• Entrepreneurship in America
• Hand students a list of famous entrepreneurs
• Have students research three entrepreneurs and
  answer the following questions
• Entrepreneurs name
• Company and Product name
• Year company started
• How did they get their idea/ How did their
  business start
• What is the business doing today
• Describe what an entrepreneur is
• How do entrepreneurs impact our economy

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Resources

• Economic Education Web (Univ. of Neb. Omaha)
• http//ecedweb.unomaha.edu/home.cfm
• Lesson plan, web projects, teacher resources
• Glossary of Economic Terms/Economics Dictionary
• http//economics.about.com/od/economicsglossary/in
  dex.htm
• Great Definitions for students
• National Council on Economic Education
• www.ncee.org
• Foundation for Teaching Economics
• www.fte.org
• Wall Street Journal Classroom Edition
• www.wsjclassroomedition.com/index.html
• Junior Achievement
• www.ja.org
• Best Prep
• www.bestprep.org
• Great for speakers and the stock market game

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Resources

• www.econedlink.com
• www.econdata.net
• Good socioeconomic data
• www.economagic.com
• More good data
• www.moneyinstructor.com/economics.asp
• Good basic economic lessons

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• Questions?
• Have a Great School Year!!