Consumers, producers, supply, demand...these are components of our system of economics. We are an important part of this system--consumers keep the economy going. Everytime we buy something, we are sending a message to a manufacturer that we like the product and that they should keep making it.
Sample some of the following activities to learn more about economic systems.
The following are places to go (some real and some virtual) to find out about economic systems.
Visit the Federal Reserve to learn more about economics. The Federal Reserve facilitates monetary and credit conditions with the goal of providing favorable conditions to business ventures that are agricultural, industrial, and commercial.
Check out money lesson plans, kid's clubhouse, and interactive money games at this web site all about coins.
Check out the Museum of American Financial History, the nation's only independent public museum dedicated to celebrating the spirit of entrepreneurship and the democratic free market tradition.
Take a virtual tour of the United States Treasury Building. Learn about the history of the Treasury Department and its role in the Federal government.
You can email him your questions about monetary and economic quandaries. Also check out his section on previously asked questions and answers.
What does a bank do with torn or worn out money?
Meet prize winners in the area of economics. The first Prize in Economic Sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.
Explore the Federal Reserve Bank of San Francisco's American Currency Exhibit online and watch history come alive as you step back in time to our nation's beginning. Learn how our country's rich history is closely tied with our currency.
The American Numismatic Association (ANA) homepage to help all numismatists, coin collectors with their hobby. We strive to further the educational impact and outreach of this hobby to the collector and the public.
Examine a $1 bill. Look at all the details. Do you see the watermark? From this website, you can learn about many of the details of paper currenty. Do you know about the serial numbers and authorized signatories?
Through the BizWorld program, help students understand business, entrepreneurship, economics and money management. The downloadable activities are free.
Access complete economic lesson activities that are classroom-ready.
Participate in a variety of learning activities geared to basic economic principles such as supply and demand. This site also has PowerPoint presentations that teachers can download and use instructionally in the classroom.
Test your knowledge about Federal Reserve history through this quiz or word search. Additional quizzes and word searches are also available.
This site provides basic information about starting a business, earning money, spending it wisely, and saving and investing. It includes quizzes, games, glossary of financial terms, and a look at how consumer habits influence the economy.
Borrow a dollar from one of your parents and return it as a work of art! Using a dollar bill, you can make a spider, a butterfly, a sailboat, and more!
In January 1999, a series of five quarter dollars with new reverses were issued each year from 1999 through 2008 celebrating each of the 50 states of the union. Find out where Utah ranks in the order in which it became a state. What year did we get OUR quarter.
Learn more about the history of currency and coins in the United States.
Convert U.S. dollars to Euros and convert dinars to liras.
Free currency converter or travel reference card using daily OANDA Rates. Convert currencies using interbank, ATM, credit card, and kiosk cash rates.
Help students learn the ins and outs of managing money. Click on Wise Pockets Schoolhouse for Teachers from the menu on the left. Find economic lesson plans and activities with literature connections.
You'll find games with money themes, basic guides to money and investing, an ask an expert feature, and a quiz.
Try and understand social security.
- Armentrout, Patricia. How Money Is Made. Vero Beach, Fla.: Rourke Press, c1996.
- Barabas, Kathy. Let's Find Out About Money. New York: Scholastic, 1997.
- Godfrey, Neale S. Neale S. Godfrey's Ultimate Kids' Money Book. New York: Simon & Schuster Books for Young Readers, c1998.
- Nathan, Amy. The Kids' Allowance Book. New York: Walker and Company, 1998.
- Otfinoski, Steve. The Kid's Guide to Money: Earning It, Saving It, Spending It, Growing It, Sharing It. New York, NY: Scholastic Inc. 1996.
- Young, Robert. Money. Minneapolis: Carolrhoda Books, c1998