Choices & changes in life, school, and work, grades 7-8

This updated edition uses basic economic principles to help students discover they have the power and the intelligence to make sound decisions. Students learn that scarcity, the condition of wants exceeding available resources, is the economic problem that forces people to make choices and then develop a set of skills for making informed decisions. The 15 lessons teach students how to analyze costs and benefits, while discovering how people respond to incentives. Students will learn where they stand in the economy, how to make choices, and how their choices affect others. The Teachers Resource Manual is supplemented by a Student Journal has been created to help students connect the themes of Choices & Changes to their own lives and develop the skills they need to succeed in life, school, and work.Also Available:Choices & changes in life, school, and work, grade 2-4 - ISBN 1561835803 Choices & changes in life, school, and work, grade 5-6 - ISBN 156183582XThe Council for Economic Education envisions a world in which people are empowered through economic and financial literacy to make informed and responsible choices throughout their lives as consumers, savers, investors, workers, citizens, and participants in our global economy. Some of the areas in K-12 education we publish in include: - Establishing and building credit - Managing personal finances - Understanding economics on a local, national, and global level - Using economics in other subject areas: Social Studies, Geography, History, etc.