2018 Virginia Outstanding
Economic Educator of the YeaR
Hickory High School, Chesapeake
Old Dominion University Center for Economic Education
REGIONAL OUTSTANDING ECONOMIC EDUCATORS
Page County High School, Page County,
James Madison University Center for Economic Education
Dina J. Baber
Discovery School of Virginia, Independent School
Virginia Commonwealth University Center for Economic Education
Central High School, Wise County
University of Virginia’s College at Wise Center for Economic Education
Riverbend High School, Spotsylvania County
University of Mary Washington Center for Economic Education
Patrick D. Riley
Heritage High School, Lynchburg
University of Lynchburg Center for Economic Education
Middle School Social Studies Specialist, Fairfax County Public Schools
George Mason University Center for Economic Education
Grayson County, Career & Technical Education Center
Virginia Tech Center for Economic Education
2018 K-12 Lesson/Unit WinnERs
> Turning Your Class into a Business (Word)
This unit provides a roadmap for giving your 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. This unit is adapted for the economics and personal finance course and includes lessons for the first five days providing students with experience reading a contract; understanding checks and direct deposit; and completing a W-4 Form. Students will understand premium, co-pay, and open enrollment, and how they relate to insurance. They will also experience making a simple budget.
Bethany Everidge, Harrisonburg High School, Harrisonburg
What are Common Words Anyways? Students through Tier-Two Vocabulary and Financial Literacy
>>Lesson (Word) and Power Point
>> 2017-18 W!SE Teacher’s Guide (PDF)
What seems like “common” vocabulary is not for many students and these “common” words are what often trip up many students. This lesson was created to provide students with extended support of the personal finance curriculum with instruction focused on tier two vocabulary in preparation for the W!SE Financial Literacy Certification.
Lisa Taylor, Leesville Road Elementary School, Campbell County
>> Surviving the Heat A Lesson in Life (Word)
It is a hot July evening. A thunderstorm has blown through with gusts of wind up to 60 mph. The power will be out for at least three days, the water is not safe to drink, and the temperature is forecast to be 105 degrees tomorrow. Through this real-life scenario, third grade students experience scarcity situations, make decisions, and barter for goods to help them survive comfortably. Students will have to weigh their opportunity costs in order to make a good decision. Students reflect upon their own experience and gain knowledge through peer discussion that allows them to make better economic choices in the future when faced with unexpected situations.
2018 VCEE Institute Graduate K-12 Lesson/Unit WINNER
Christine Pedersen, New Kent High School, New Kent County
Home Sweet Mortgage
>> Slide Show, Skit, Handouts and Assignment (Google Drive link)
The cost of buying a home includes more than just the sales price! The cost of financing is a major factor which is affected by the financing option chosen. In this lesson, students explore the various options for financing a home loan as well as other factors which impact the cost of owning a home. Through their own research, students learn foundation knowledge which is valuable in considering whether to rent or own a home. This valuable information will also help students pursue home ownership in the future.
2018 Mini-Grant WINNERS
We are honored to recognize some of the projects educators developed with Mini-Grants during the 2017-2018 school year.
Amanda S. Grimm, Alleghany High School, Alleghany County
Cost of Caring for an Infant
High school family and consumer science students experienced a project as a means to understand some of the expenses associated with having a baby and raising a child. Students created lists of items required for infants, completed online searches to compare prices, purchased various goods for caring for an infant, and found articles related to the cost of raising a child. Overall, students found that it costs close to $250,000 to raise a child from infancy to high school graduation.
James Meadows, Gretna High School, Pittsylvania County
Factors of Production and Global Trade Projects
High school economics and personal finance students completed two projects which allowed them to experience global trade and convey their understanding of productive resources. In project one, students created posters showing the factors of production necessary to make a selected good or service. A second project allowed students to experience global trade by trading a variety of goods with each other. Voluntary trade was evident as students only traded when they hoped to receive a good that they valued more than the item they traded away.
Tammy May, Co-winner, Lacey Spring Elementary School, Rockingham County
Tara Hardy, Co-winner, John C. Myers Elementary School, Rockingham County
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.