This one-evening professional development program introduces high school educators to three new lessons for teaching personal finance. The program will include discussion of how to meet high school personal finance course requirements and state standards. Topics covered in the program will include cost-benefit analysis, decision-making, goal-setting, scarcity, financial goals, risk protection, and insurance. The program will help educators address the following essential questions:
- How can cost-benefit analysis be used when making financial decisions?
- Why is it important to have financial goals?
- Why do individuals choose to purchase health insurance?
- How does cost sharing work with health insurance?
Taught by Federal Reserve economic educators, this program emphasizes active- and collaborative-learning teaching methods that help high school teachers meet state and national standards in personal finance, economics, social studies, family and consumer sciences, and business education. Participants will receive 2.5 hours of professional development credit (Act 48 in Pennsylvania for certified teachers), dinner, a $25 gift card, and teaching materials. During the registration process, participants can request free parking at the Reserve Bank.