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JA Middle Grades Programs
 
JA Economics For Success®

JA Economics for Success explores personal finance and students’ education and career options based on their skills, interests, and values. It also demonstrates the economic benefits of staying in school. Six required, volunteer-led activities.

The key learning objectives listed beside each activity state the skills and knowledge students will gain.

SESSIONS KEY LEARNING OBJECTIVES
Activity One: Mirror, Mirror

Students make choices to understand the concept of self-knowledge—their skills, interests, and values—and the structure of the world of work as they consider education, career, and other life choices.
  • explain self-knowledge, including personal skills, interest, and values.
  • identify careers of interest and how they are classified within the world of work.

Activity Two: Choose Your Success

Students play the Choose Your Success game, in which the connection between personal finance, education, and career options is demonstrated.

  • identify the link between personal finance, education, and career options.
  • apply decision-making to education and career decisions.
Activity Three: Keeping Your Balance

Students receive Occupation Cards and observe how different jobs provide different monthly salaries. Based on these monthly salaries, students evaluate the opportunity costs of decisions as they form a budget. Based on their decisions, students compare their spending to suggested amounts.


  • recognize that a balanced budget is important for workers of all income levels.
  • differentiate between gross and net income.
  • name ways to balance a budget.
Activity Four: Savvy Shopper

Students examine how consumers pay for goods and services. They discuss the advantages and disadvantages of using cash and credit, and participate in an activity that reinforces their understanding of the cost of credit.

  • identify the opportunity costs associated with using cash and credit.
  • explain the advantages and disadvantages of using credit.
  • identify appropriate situations to use cash and credit.
 
Activity Five: Keeping Score

Students examine how a credit score is determined, and learn about the positive and negative consequences of a credit report.

  • Describe the favorable or unfavorable outcomes of a personal credit score.
  • Explain actions that cause a credit score to go up or down.
Activity Six: What's the Risk

Students demonstrate that life involves risks and that insurance helps reduce the financial consequences of loss or injury.

  • identify financial risk
  • explain how insurance provides a method to minimize risk.
  • identify the opportunity cost of having insurance.

 
 
CONCEPTS
Credit, Debt, Decision-making, Gross income, Insurance, Interest, Needs and wants, Net income, Opportunity cost, Risk, Self-knowledge, World of work
 
SKILLS
Critical thinking, Decision-making, Following directions, Interpreting data, Math calculations, Oral and written communication, Problem-solving, Role-playing, Self-assessment, Working in groups
 
 
 
 
 








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