News and Announcements
News and Announcements
April is National Financial Literacy month!
Opportunities and resourices will be added to this page throughout the first week of April.
Students Explain the Importance of Financial Literacy
CEE asked elementary, middle, and high school students to explain the difference that understanding economics and personal finance can make in their lives. Here’s what they had to say!
Financial Literacy Month is observed to highlight the importance of financial literacy and to teach Americans how to establish and maintain healthy financial habits. Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it and how that person donates it to help others. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.
Resources this month include:
- Econ Illlinois Financial Literacy Calendar
- Money Smart Week
- Money Smart Week - NIU
- Tuesday Tips e-note of resources for educators
- Resource page for K-12 Teachers
- Resource page for Students & Parents
3M Award applications are available for economic educators
Applications are available for K-12 teachers who have a sustained history utilizing Econ Illinois programs and/or curriculum resources to support economic education in their classroom. Teachers and administators may nominate a classroom teacher or teachers can self-nominate. If planning to apply, please become familiar with requested student data before the end of the school year. Application deadline is July 15.
National Economics Challenge
The National Association of Secondary School Principals has placed the Econ Challenge competition on the NASSP National Advisory List of Contests and Activities for 2014–2015! View EC flyer. Several resources including a teacher toolkit and a variety of practice tests are now available on the the Council for Economic Education website. All of the resources are useful for Illinois teachers and students planning to participate in the Illinois competition this spring.
The 2015 NIU STEMfest will take place Saturday, October 18 from 10-5 at the NIU Convocation Center. The Econ Illinois K-12 teacher booth of resources and the STEM Finance Learning Exchange display will be among the many exhibits. Booths also showcased NIU College departments, regional research firms and corporations to engage students to consider STEM programs of study.
NIU STEM Outreach increases STEM literacy and interest for K-12 students, families, and educators. STEM Outreach delivers off-campus programs and on-campus activities that increase science, technology, engineering, and mathematics literacy and enthusiasm among students, their families, and educators.
CEE Announces 54th Annual Conference
SAVE THE DATE for October 7-10, 2015! The Council for Economic Education’s 54th Annual Financial Literacy and Economic Education Conference is a nationwide meeting of K–12 educators, local CEE affiliates from across the country, Federal Reserve partners, and economics and personal finance educators from around the world. View the 2014 conference link to see the variety of curriculum, programs, and resources that are available for your classroom.
Teaching the News
Use these current events to teach the news in your classroom. Following each article you’ll find several related resources from EconEdLink.org for teaching the underlying economics and personal finance concepts.
Building the Financial Literacy of Illinois Students
The Council for Economic Education, in collaboration with Econ Illinois, held a policy luncheon on June 10.
The 2014 Survey of the States shows that Illinois has fallen off the map in Financial Literacy. There are no statewide standards for Financial Literacy in place and the current consumer education mandate is not considered a required high school course. Even so, some schools and districts in the state have taken steps to ensure that all students receive the financial education they need for success in the future. Chicago Public Schools (CPS) has been a leader in the state and the nation in promoting financial literacy education in K-12 classrooms.
The event brought attention to the importance of economic and financial literacy education and highlighted the success of CPS in addressing this subject area. Gail MarksJarvis, Chicago Tribune, served as the moderator delivering panel discussions on policy and practice in Chicago and across Illinois. Speakers from CPS, Ariel Academy, Capital One, University of Illinois at Chicago, the Illinois State Legislature, the Federal Reserve Bank of Chicago, and PwC presented information applicable to all.
Our goal of the program was for attendees to leave with an understanding of the need for state-wide standards in Financial Literacy and information on how to replicate successful financial literacy programs across the state. Administrators, active educators, and others engaged in educational policy attended the event.
The Survey of the States and this event were funded by Capital One.
Survey of the States
Every two years, the Council for Economic Education (CEE) conducts a comprehensive look into the state of K-12 economic and financial education in the United States, collecting data from all 50 states and the District of Columbia. The 2014 Survey of the States shows notable progress over the past 15 years since the first survey was conducted. The biennial survey serves as an important benchmark for progress.
UIC CEE Working Paper Series
The UIC Center for Economic Education website features a list of working papers on a variety of economic education topics. Helen Roberts, Director of the UIC Center is one of the contributing authors.
Archived Webinars for Economics and Personal Finance Education
CEE is pleased to offer free webinars for K-12 teachers, after school providers, curriculum developers, partners and anyone who has an interest in furthering economics and personal finance education in our nation’s schools.
Teacher shows why The Stock Market Game should be in YOUR classroom!
Tom Kowalewski, Virginia High School, created this video file for a course project. See how the SMG program can help reinforce teaching goals and provide life skills for students. Tom recommends Money Spin educational puzzle activity from White Bag Software. Watch»
Pritzker Elementary- SMG in the classroom
This Web-Documentary produced by The Stock Market Game and the "Pearson Foundation chronicles Pritzker Elementary's teacher Jerry Weissbuch and his use of the SMG program in the classroom and after school. Watch»
Managing Risk at CME Group - How it all Works
This is a great and yet very simple introduction to the vital role CME Group plays in helping people manage their risk on a daily basis. It breaks the terminology and general concepts down into terms everyone can understand. A great video to play in the classroom too. Students who tour the CME Group/Chicago Board of Trade see this video as part of that visit. Watch»