Incentives to teach economics

Incentives matter.

This is the fourth of nine economic principles. All people respond to incentives. In choosing which course to take, decision makers look at alternatives that will achieve their goals. Prices provide incentives to suppliers to produce goods and services desired by society. Economic rules and regulations provide incentives from how to treat natural resources to when to hire workers. Students respond to their own incentives every day. Teaching youngsters how to evaluate incentives is crucial to prepare them to be intelligent consumers, skilled workers and entrepreneurs, and informed voters.

So what’s in it for you? California Council on Economic Education (CCEE) offers teachers:

Easy access to materials:

• Workshops: One- or two-day sessions with trained academic professionals. You’ll walk away prepared to teach each lesson in your class immediately. All materials are provided during the workshop. Check the calendar.
• Self-guided: Order or download materials when you’d like to learn on your own. Of course, we are here to answer questions.

A wide variety of ways to learn:

• Easy-to-use, classroom-ready lessons
• Practical programs, with a 97% teacher approval rating, to help your students succeed and participate in the global economy
• Community with other teachers at workshops and an annual conference
• Contests for middle and high school students
• Complimentary and low-cost lesson plans, econ teacher guide and more
• Professional development and educational credits

A variety of ways to teach students practical life lessons, such as how to:

• Lose their victim mentality. When students understand the “rules of the game,” they learn that prices are determined by supply and demand; they learn pricing isn’t personal
• Decide to stay in school and use their school years to develop their skills to compete in global market
• Develop critical decision-making skills through learning benefit/cost analysis

Proven results:

• Students’ attitudes improved significantly after learning about human capital
• High school students improved their math skills by playing The Stock Market Game (part of The Capital Markets Contest)
• Improved knowledge of the economy in elementary-age students after using Choices and Changes program
• Students that received the entire MoneyWiseTeen program increased their scores from a pre-test average of 49% to a post-test average of 82%.

Peace of mind

• All lessons and programs support the Economic Strand of the California History/Social Studies Standards. Download the CA Standards Brochure PDF
   

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