Teaching Economics Financial Literacy Wall Street Prep

Leo Migdal

-Dec 7, 2025, 4:10 AM

teaching economics financial literacy wall street prep

Practical tools, lessons, and activities to make economics engaging, relevant, and easy to teach To navigate their careers and financial futures, students need a solid grasp of economics and finance. The challenge for educators is teaching these subjects in a way that sticks. Let’s be honest, complex theories and abstract models can make students’ eyes glaze over. The key is to connect these concepts to their daily lives using engaging, real-world materials. When economics stops being just another subject and becomes a practical tool for understanding their world, that’s when it finally clicks.

But finding high-quality, reliable resources to create those ‘a-ha’ moments can feel like a full-time job. This guide is designed to make it easier. We’ve gathered a comprehensive set of lesson plans, interactive games, essential vocabulary, and ready-to-use activities to help you bring economics, financial literacy, and the stock market to life in your classroom. Familiarizing students with the language of economics is the first step toward building confidence with financial concepts. Providing students with the necessary vocabulary can help them better understand core concepts related to financial markets, personal finance, and national economies. Strand 1 Strand 2 Stand 3 Strand 4 Strand 5

Students will understand basic economic concepts and develop economic thinking critical to making personal financial choices Strand & Standard: Strand 1: Standard 1 Class Time Needed: 75-90 minute Block Lesson Plan Suggested grade level: 7-12 Overview: Students will comprehend the role of the Federal Reserve and gain an understanding of fiscal and monetary policies. To know and understand the role of the Federal Reserve 📦 BUNDLE: Producers, Consumers & How the Economy Works — Reading Guide, Worksheet & Answer Key Everything you need to teach and reinforce core economic concepts—perfect for high school economics, personal finance, or W!SE® exam prep.

This three-part bundle includes an engaging reading guide, a student worksheet, and a complete answer key. 🎯 Skills Reinforced: ✔ Producers vs. Consumers ✔ Supply, Demand & Equilibrium ✔ Price Signals & Market Behavior ✔ Opportunity Cost & Scarcity ✔ Role of Government in the Economy ✔ Real-World Economic Decision-Making ⚠️ Legal Notice: “W!SE®” is a registered trademark of the Council for Economic Education. This product is not affiliated with, endorsed by, or sponsored by the Council for Economic Education. Our online courses and instructor-led boot camps prepare students and professionals for the demands of investment banking and corporate finance

Our step-by-step online training is the most effective way to learn from scratch how financial models are built by investment bankers and corporate finance professionals. Wall Street Prep provides customized training programs for investment banking analysts and associates as well as corporate finance, private equity, financial planning & analysis and business development teams. Learn practical job-ready skills from our team of experienced instructor-practitioners while networking with industry professionals and those looking to break into investment banking. Our on-campus boot camps and online Student Passport© program bridge the gap between academic training and on-the-job expectations to prepare students for life on the desk. Budget challenge games for students are a powerful tool in teaching financial literacy. These games offer engaging ways to learn money management, helping students make smart financial decisions and set realistic savings goals.

By simulating real-life scenarios, these games prepare students for future financial stability. High school is a critical time for developing financial literacy skills, and budget challenge games offer an engaging learning experience that makes this process enjoyable. These financial literacy games cover a range of topics, from creating personal budgets to navigating unexpected life events and understanding credit scores. These games integrate real-life scenarios into gameplay to teach students how to manage money wisely, make smart financial decisions, and set realistic savings goals. The interactive nature of these games ensures that students remain engaged, making it easier for them to grasp complex financial concepts and apply them in their daily lives. One of the core aspects of financial literacy games is teaching students how to create and manage a personal budget.

Through these budget games, students learn to review their fixed and variable expenses, projected income, and set savings goals regularly. They understand the importance of prioritizing needs over wants, which is crucial for maintaining financial stability. The lesson ‘Pay Yourself First’ emphasizes the significance of saving, helping students realize the importance of preparing for unexpected expenses. Managing realistic monthly expenses and bills helps students acquire budgeting skills that will benefit them throughout their lives. February 16, 2024 // by Sharayah Lynn Grattan Before your little rascals go out into the world, it’s important they have a basic understanding of money, how to save it and how to spend it in a safe and responsible manner.

Money and finances are an integral part of our society and how it functions. We can never be too young to start, and most of it is just beginner math, which is useful in other ways too! Now, this might not sound like a super fun subject, but we’ve found some great activities and strategies regarding economics that are age-appropriate and delivered in a useful and interactive way. This activity is a great student guide to start understanding item pricing, begin to learn about amounts, and the worth of items. To build your classroom store, grab pencils, posters, your computer, the projector (things of different values) and ask your students to guess the prices before you mark them yourself. This educational game is easy and can be added or adapted to make it more challenging for older learners.

Put a variety of coins in a jar and have your students sort them by value. Next, write different amounts on the board and ask them to produce the correct amounts. Explain how the same amount can be achieved using different coin combinations. Sensory activities are a great way to spice up a more serious subject. Make some basic cloud dough with flour and baby oil and hide some coins inside. Have your kiddos feel and squeeze around to find the coins and count them afterward.

Multi-topic Banking Basic Economics Budgeting College & Career Prep Credit Insurance Investing & Saving Spending Habits & Behavioral Economics Taxes Topic: Multi-topic Description: Fraudsters use many persuasion tactics to target and influence prospective victims. These persuasion tactics are the tools of a con artist. View these training videos from the Con Art School to see how fraudsters apply persuasion tactics to influence people to hand over their money. Topic: Multi-topic Description: Economics taught in 35 episodes. Concepts include fundamental economics, economic analyses of everyday life, economics in real-world situations, and more.

Topic: Multi-topic Description: Learn the basics of personal finance by watching 2-5 minute concept videos on current event topics like insurance, saving and investing, and more. Take a short quiz after watching the video using Kahoot! Topic: Multi-topic Description: The Economic Lowdown video series is produced by the Economic Education department of the St. Louis Fed for high school and college students. The series covers topics in economics, banking and monetary policy.

Teaching Economics Financial Literacy Wall Street Prep

People Also Search

Practical Tools, Lessons, And Activities To Make Economics Engaging, Relevant,

But Finding High-quality, Reliable Resources To Create Those ‘a-ha’ Moments

Students Will Understand Basic Economic Concepts And Develop Economic Thinking

This Three-part Bundle Includes An Engaging Reading Guide, A Student

Our Step-by-step Online Training Is The Most Effective Way To