Virtual Economics Interactive Tool Demo for Educators from Shenzhen, China

Dr. Margaret Ray, Professor of Economics and Director of the University of Mary Washington Center for Economic Education, one of the nine university-based centers associated with the Virginia Council on Economic Education, collaborates with 30 educators visiting from Shenzhen, China.   The workshop was held at Southern University of Science and Technology in Shenzhen and sponsored by the College Board.  Here Dr. Ray is demonstrating the Virtual Economics interactive tool from the national Council on Economic Education.  The Virtual Economics interactive tool is an ideal resource to supplement and enhance the Advanced Placement Micro and Macro Economics curriculum for high school students.  

Ms. Tammy May, Principal, Sets the Bar High with a Gracious Hand-Written Thank You Note

In this digital age, a hand-written thank you note is so special.

Sharing this expression of thanks with our friends at Virginia Credit Union, VHDA, Federal Reserve Bank of Richmond, Virginia Lottery and Pampered Teacher

Tammy May, Principal Lacey Spring Elementary School, Rockingham County and Tara Hardy with John C. Myers Elementary School in Rockingham County, VA won a 2018 Outstanding Economic Educator Award Mini-Grant.

Here is a summary of their project:

Kid’s Market Project
Third grade students experienced economic concepts through establishing their own fresh food market. Students worked with a local grocery manager to determine the best food items to offer. They researched current selling prices, advertised for the market, opened the market, and made sale transactions. Students even discussed a contingency plan when potential bad weather was forecast during the time of the market.

Susan F. Dewey, Executive Director, VHDA, and Chris M. Shockley, President & CEO, Virginia Credit Union, and their employees are rock stars for generously funding our 2018 Outstanding Economic Educator Awards.




Announcing College Scholarships from the Mid-Atlantic Security Traders Association Foundation


News from Our Virginia Council on Economic Education Partners: 

Total of $14,000 in College Scholarships for Virginia, Maryland and Washington, DC Students

Two $2,000 College Scholarships for High School Students Who Have Participated in the Stock Market Game™

Colleges and universities are the foundation of a strong and healthy economy.  The Mid-Atlantic Security Traders Association Foundation is dedicated to the needs of students of business, finance, and economics and is proud to offer our Annual Scholarship Awards.

This year the Foundation intends to award two $2,000 scholarships for high school seniors who have participated in Stock Market Game (one from Maryland and one from Virginia) for their first year of college, and two $5,000 scholarships to candidates selected from our member jurisdiction of Maryland, Virginia, and Washington, D.C.

The scholarship winners will be announced in August, 2019 with monies forwarded to the respective schools on behalf of the recipients prior to the Fall 2019 semester.  Deadline for applications is June 15, 2019.

Read more and apply here:

Gary Greenwood, Fluvanna High School,  Fluvanna, VA Awarded 1st Place in 2018 Virginia Economic Educator Classroom Lesson/Unit Competition “For this course, I will not be your teacher but your boss…”

> Download Mr. Greenwood’s “Turning Your Class Into a Business” Winning Lesson Plan Here 

Gary Greenwood, Fluvanna High School,  Fluvanna, VA
Awarded 1st Place in 2018 Virginia Economic Educator Classroom Lesson/Unit Competition

“For this course, I will not be your teacher but your boss…”

Richmond, VA —  Gary Greenwood,  an economics and personal finance teacher at Fluvanna High School in Fluvanna, VA, was awarded First Place in the 2018 Virginia Economic Educator Awards, Classroom/Unit competition.

The Virginia Council on Economic Education (VCEE) and the Federal Reserve Bank of Richmond recognized Mr. Greenwood and 15 additional Virginia educators who have demonstrated exceptional delivery of personal finance and economic education in their Virginia K-12 classrooms.

Mr. Greenwood’s winning Lesson Plan is: “Turning Your Class into a Business”.     Here is a snippet from Mr. Greenwood’s Lesson Plan:

“For this course, I will not be your teacher but your boss. I will be paying you $100.00 per week in classroom cash to work for me. You have a contract to sign agreeing to the terms and conditions of your employment (see Employment Contract). Read it carefully. You will receive a signing bonus of $100.00 when you return it signed by you and your parent/guardian. Certain tasks and assignments will be given out. The purpose of these are to prepare you for becoming a productive individual in society, and representing my company.”

Mr. Greenwood’s “Turning Your Class Into a Business” lesson plan provides a roadmap for giving K-12 students a taste of being an employee while also covering many economics and personal finance concepts. It is a full course management plan that can be adapted to any grade level.

To view the classroom lessons developed by the award winners and to learn how to nominate an educator for the 2019 Economic Educator Awards, visit

Virginia Credit Union and Virginia Housing Development Authority provided financial support for the 2018 awards program.  The Virginia Lottery, which has contributed more than $9 billion to Virginia’s K-12 public schools since 1999, provided gift boxes for each awardee.

Established in 1970, the Virginia Council on Economic Education (VCEE), a 501(c)(3) non-profit entity, seeks to ensure that Virginia’s K-12 students obtain the economic knowledge and financial skills needed to thrive in our dynamic economy. VCEE and its network of nine university-based Centers for Economic Education provide professional development and classroom programs for K-12 educators. The Centers are located at Christopher Newport University; George Mason University; James Madison University; Old Dominion University; University of Lynchburg; University of Mary Washington; University of Virginia’s College at Wise; Virginia Commonwealth University; and, Virginia Tech. VCEE is affiliated with the national Council for Economic Education.2018-Greenwood-Lesson-Turning-Your-Class-into-a-Business

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