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Celebrating four decades of economics, personal finance and entrepreneurship education

THIRD QUARTER 2013
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Lerner College Lgo   
September 30, 2013
Greetings!

Welcome to the Center for Economic Education & Entrepreneurship's quarterly newsletter, designed to point K-12 economics, personal finance and entrepreneurship educators toward effective and ongoing opportunities for professional development, dynamic standards-based teacher resources, and relevant and engaging student programming.  

 

New this quarter. . . please check us out on Facebook, YouTube and Flickr!  It's now easier than ever to keep up with what the CEEE can offer you, your students and your community!!

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New CEEE Leadership
Carlos Asarta appointed director of Center for Economic Education, Entrepreneurship
First Year Experience
Bank of America volunteer speaks to FYE students on ins and outs of credit. (read more...)
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Inside MAEEE
UD program designed to develop dynamic economic educators. (read more...)
null Cultivating Entrepreneurial Minds
High school students try their hands at startin
g a business. (read more...) 
Keys to Financial Success Adds Six More Diamond State Teachers

This past June, 38 high school educators from Delaware, Pennsylvania, New Jersey and Indiana participated in a week-long training program at the Federal Reserve Bank of Philadelphia where they learned how to implement the personal finance curriculum Keys to Financial Success in the variety of courses that they teach. Offered free of charge every year since 2001, the training program ensures that educators who are new to teaching financial education courses are well-prepared to teach the Keys curriculum, developed jointly by the Center for Economic Education and Entrepreneurship (CEEE) and the Federal Reserve Bank of Philadelphia.  Without exception, the teachers gave the training program high marks for its usefulness in teaching students how to develop sound money management skills.  

 

To date, a total of 71 Delaware teachers have completed the Keys training program. This year alone they will provide nearly 4,200 Delaware high school students with important financial skills, thereby increasing the quality and quantity of financial education throughout the state.      

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Supporting Rising Scholars

As part of the Rising Scholars Institute, which was established in 2010 to help underserved students achieve academic success and envision a better future, 70 juniors and seniors from the three Christina School District high schools participated in a two- week summer immersion experience on the main campus of the University of Delaware. 

 

The experience included attending the CEEE-sponsored presentation, "Why Everyone Needs Money Management Skills."  Barbara Emery, the CEEE's Program Coordinator, instructed the students to set financial goals and budget their resources in preparation for college.  When choosing majors and careers, she urged them to remember that repayment of student loans consumes a portion of take-home pay.  Students also learned about the paradox of compound interest - it favors the consumer who saves and invests but it inflicts spiraling debt on the consumer who makes minimum payments.   

 

Click here to access additional information about the Rising Scholars program. 

Teachers Excited About Economic Episodes in American History

In August, thirty U.S. history teachers throughout Delaware attended a day-long workshop conducted by Dr. Mark C. Schug, co-author of Economic Episodes in American History. Dr Schug used the economic way of thinking as a framework for analyzing and understanding events that shaped the last three centuries of American history.

 

Economic Episodes in American History is a valuable complement to the traditional U.S. history textbook. Each chapter follows the same format in order to examine historical events: Framing the Issue, Historical Context, The Economic Issues, Historical Questions and Economic Answers, Primary Sources, and Then and Now.

 

Teachers also participated in hands-on activities and received copies of this supplemental reader and related PowerPoint presentations.

 
Training For The Fall Game

Fourth through twelfth grade teachers participated in a Stock Market Game training workshop sponsored by the CEEE in September. The workshop demonstrated how to play the Stock Market Game, implement it in the classroom and use related curriculum materials. It also provided an overview of how financial markets work and how capital is raised to fund business growth.

 

The Stock Market Game is a 10-week educational simulation developed and administered by the Securities Industry and Financial Markets Association, and offered in Delaware by the CEEE since 1983. Teams of 3-6 students in grades four through twelve invest a hypothetical $100,000 in securities listed on the New York and NASDAQ exchanges. Students research public companies and their stock, enter trades on the Stock Market Game website at real-time prices, and monitor the value of their portfolios and their rankings. At the end of the game, the team in each of the three grade-level divisions (4-6, 7-8 and 9-12) that achieves the greatest portfolio growth are declared winners. Students on the winning teams are honored at an awards reception hosted by the CEEE at the University of Delaware. Each year, more than 2,400 students in Delaware learn about the world of investing by participating in the Stock Market Game.

 

Dates of the Stock Market Game for the coming school year are October 7-December 13, 2013 and March 3-May 9, 2014.

 

The Stock Market Game is funded by the Securities Division of the Delaware Department of Justice.  

Center for Economic Education & Entrepreneurship | 302-831-2559 | jmagaw@udel.edu | http://www.lerner.udel.edu/ceee
102 Alfred Lerner Hall
20 Orchard Road
Newark, DE 19716-2725

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