How Lessons in Personal Finance Can Help Teach Economics

11/4/2024

Teach Economics

0:00

34:23

In the latest episode of our Teach Economics podcast, Annamaria Lusardi, faculty director of the Initiative for Financial Decision-Making at Stanford University, talks about her career journey and passion for teaching personal finance education. “When the tooth fairy comes is the time to talk about money,” she says. “Give a piggy bank to a child and you will instantly turn (the child) into a clever banker. I enjoy empowering people with the knowledge and skills that are so important today. I really do think I am empowering the student to be able to navigate the world around them.”

More episodes from "Teach Economics"

How Lessons in Personal Finance Can Help Teach Economics
11/4/2024
34:23
In the latest episode of our Teach Economics podcast, Annamaria Lusardi, faculty director of the Initiative for Financial Decision-Making at Stanford University, talks about her career journey and passion for teaching personal finance education. “When the tooth fairy comes is the time to talk about money,” she says. “Give a piggy bank to a child and you will instantly turn (the child) into a clever banker. I enjoy empowering people with the knowledge and skills that are so important today. I really do think I am empowering the student to be able to navigate the world around them.”
When Introducing Economics to Students, It Helps to Keep Things Simple
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When introducing economics to students, Harvard University economics professor Greg Mankiw says it helps to keep it simple. “Maybe they will only take one course in economics,” Mankiw says. “So the question is, for that student, what can you leave them with?” With that in mind, Mankiw wrote the hugely influential Principles of Economics more like a magazine than a traditional textbook. In this episode, Mankiw discusses his journey to the field and how down-to-earth language can unlock students’ understanding of complex economic concepts.
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In the second episode of Sneak-a-nomics, Bonnie Meszaros, associate director of the Center of Economic Education and Entrepreneurship at the University of Delaware, discusses what goes into writing engaging economics and personal finance lessons using children’s literature. Also hear from Erin Boettcher, a fifth grade teacher at Newark Charter School in Newark, Del., who shares how she makes economics and personal finance feel natural for her and her students.
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27:18
In the first episode of Sneak-a-nomics, Erin Boettcher, a fifth grade teacher at Newark Charter School in Newark, Del., and Bonnie Meszaros, associate director of the Center of Economic Education and Entrepreneurship at the University of Delaware, discuss the value of teaching economics and personal finance in the elementary school classroom as well as how you can “sneak” concepts such as saving, decision making, goods and services, productivity, and opportunity costs into the subjects you’re already teaching.

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How Lessons in Personal Finance Can Help Teach Economics

Teach Economics

More episodes from "Teach Economics"

How Lessons in Personal Finance Can Help Teach Economics

When Introducing Economics to Students, It Helps to Keep Things Simple

How Understanding Brain Science Can Help You Teach Economics

The Importance of Teaching Students to “Think Like an Economist” with Professor Justin Wolfers

Sneak-a-nomics: How Creative Lesson Writing Starts with Teamwork

Sneak-a-nomics: How to Unlock Economics Lessons with a Good Story

Sneak-a-nomics: Why Economics Lessons Engage Struggling Students