Economics is a subject that is normally taught in the high school level in the 11th or 12th grade. It is such an important subject and it doesn’t have to be reserved for just the high school level.
It is something that can easily be incorporated into a math, or history study in your homeschool. This would be especially fun to do if you were teaching economics at the high school level at the same time.
It is important for our children to understand about the different financial systems in the world. With it being an election year and with everything that is happening in the year 2020 they keep hearing the word economy. But do they understand what that word even means? Do they know what an economy is, how it is ran, and how spending and using money can help it grow? Do they know what stimulating the economy is and why it is important?
Just in every day common conversation with our children, we can begin to cover some of the topics of economics. I think economics is a great topic that can be incorporated into a fun unit study or while teaching math, or about government and social studies. Basic economics is a great life skill that can help build a strong foundation for your children to make sound financial decisions when they are older.
Carrie used Bluestocking Press to teach economics to her daughter when she was in high school. Through engaging books and guides, students will learn a lot about economics and how things work with a free market economy.
Here are some fun printables and resources for teaching not just at the high school level:
The Federal Reserve Bank of Philadelphia has lesson plans for teaching economics to children using literature. Homeschoolers just love learning with books. These are broken down by grade levels.
Here are some great ways to teach your kids about economics with tons of videos, books, printables and free resources:
Economics for High School:
The subject of Government and Economics go hand in hand. These are usually one semester credits for high school students. Because of this, they are normally taught one after the other. We almost always teach government and economics in the same year.
When we are teaching economics I also like to include some personal finance in this as well. We discuss spending our money wisely, opening a checking and savings account, why credit cards can be a good and bad thing, and how to create a budget. There are many life long financial skills you can remind your children of and help them to grasp a better understand of finances while studying economics.
The Classroom Economist is an online multimedia platform from the Federal Reserve Bank of Atlanta. There are video modules, Power Point lessons and even quizzes. There are some really good resources here.
The Foundation for Teaching Economics has an entire data base of lesson plans on Economics. They are all broken down by theme and topic and are very easy to find and use.
Sustainable Economics Curriculum a supplementary curriculum for high school economics.
Sarah is a wife, daughter of the King and Mama to 4 children (one who is a homeschool graduate)! She is a an eclectic, Charlotte Mason style homeschooler that has been homeschooling for over 16 years now. She is still trying to find the balance between work and keeping a home and says she can only do it by the Grace of God, and Coffee!