1/12/2009 10:32:58 AM

Hi Judy,
I worked with you at Words and Numbers. How long have you been at Sylvan? Are you still in town?
I'm teaching at The Children's Home in catonsville.
Ron Calabrese

Ron Calabrese

1/14/2009 1:22:44 PM

Thanks for your insight, Judy. If a teacher or school has the means, why not go a step further by helping them answer the age-old question, “why do I need to know this?” Many children see little connection between their school work and the outside world. And for many students, good grades just don’t offer sufficient incentive. There has never been a more critical time to prepare children for the real world by teaching them how the world works
In a MicroSociety® program for example, children create a microcosm of the real world inside the classroom or after school setting. Each child has an important role in running that world. Mastery of basic skills become necessary to excel as a business owner, banker, lawyer, legislator, or manager. Young consumers and entrepreneurs perform transactions each day that elevate math to an everyday skill. Students of all ages begin to recognize that financial literacy and basic math skills are essential in order to buy and sell, create budgets, maintain checking accounts and calculate taxes. Social and financial rewards transform students from passive learners to active participants in their own development. For example, they apply geometry when measuring floor plans or making jewelry and algebra when developing spreadsheets, financial reports and profit and loss statements, and when managing taxes and payroll.
By connecting curriculum to real-world activities, students that are traditionally disinterested in school, are suddenly re-engaged. As they navigate through the world they’ve created, students realize the practical application of their daily school curriculum and become more aware of their civic, social and community behavior and responsibility. The end result is the development of responsible, caring and productive citizens eager and ready to change the world for the better. Adults will learn from them.
Learn more at www.microsociety.org. Thanks.
– Keith Pierce

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3/25/2009 5:41:54 AM

come try and teach mine if you want!

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I actually make a huge project out of it. First I have stock sheets that list the stock, symbol, price they paid and number of shares they bought. They have $500 to spend and they must buy atleast 2 shares of atleast 3 stocks. They track the stocks according to what they close at each Friday for 6 weeks. That at the end they discover whether or not they earned money or they lost money. They graph each one of their stocks' performance for an additional grade. The project is worth 2 grades: 1 for stock performance and one for the graphs. If their stocks went over $500 then they receive an A for that part. If they are under $500 but they followed instructions of using as much of the original $500 as possible then they probably get a B. If they were way off then their grade would be based on whether they kept up with their stocks, had the stock sheets, etc. THis teaches them about money, stocks, shares, positive and negative numbers, etc.

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6/22/2009 8:40:07 AM

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6/22/2009 1:17:44 PM

I'm not an expert on loans, but education is always a good investment. I would recommend first talking with a loan counselor at your bank or credit union and explaining the purpose of the loan and learning about various loan options and payment schedules. It may be a good idea also to talk with someone from the education institution you're considering attending. Many colleges, universities, schools, and tutoring centers, for example, have loan programs that are specifically designed for their clients. Get plenty of information before signing on the bottom line.

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I hope to hear more along these topic because we need more people to think this way. Hopefully this will help the current economic state we are all in.

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financial centre for international business and commerce and is one of three "command centres" for the global economy (along with New York City and Tokyo).London has the 6th largest city economy in the world after Tokyo, New York, Los Angeles, Chicago, and Paris.As EU's second largest city economy after Paris, year-by-year London generates approximately 20% of the UK's GDP(or $446 billion in 2005); while the economy of the London metropolitan area generates approximately 30% of UK's GDP (or an estimated $669 billion in 2005.)

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Good post.I would recommend first talking with a loan counselor at your bank or credit union and explaining the purpose of the loan and learning about various loan options and payment schedules.

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7/20/2009 1:25:26 PM

When I was in school, math classes where just like a nightmare to me … so many complex equations, complex logics. I wanted to be astronomer – but only to escape math, I chose Finance as major. But the mathematics was chasing me! The very first class of my university life was business math. But the professor was excellent, he explained all the problems with real life examples – as you have discussed here. And that’s the first time I understood how simple and enjoyable the mathematics is. Believe it or not- I got A+ in both the math courses! I think this types of practice should be started from the very beginning .It will help a lot to create a strong base of mathematics.

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Teaching children about maths and the economy at an early age is very important, they should know the value of money and how to use it well to be good with the finances later.

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Your tips and examples you can use as a guideline for explaining math concepts to your children very good in terms as how we look at it. I don't think we should teach them math that way what happen to the basic addition, subtraction and multiplication your tips will fall in place when needed.

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10/29/2009 7:17:44 AM

Good point from Keith Pierce! It isn’t always obvious from the question why kids would need to know something, unless they plan to be a mathematician, wealth adviser, or economist when they leave school. That said, here are a couple more suggestions for using the economy to teach your kids maths: -- You could teach them about simplifying numbers when hearing about the deals and government packages worth millions and billions of dollars.
-- If you hear of a government package worth a certain amount of money, have them divide that out into how many cars that would buy, or how many houses, or how many candy bars

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10/30/2009 6:29:46 AM

An excellent idea - it is just an extension of the concept of bringing chicks or tadpoles into the classroom to help teach kids about biology, or making teabag rockets and goo to help teach them about physics. Math is difficult for kids with kinetic learning styles because it is so conceptual, and there is very little that can be related to 'real' life. I think for some kids, the most valuable way to teach math will be to bring actual money into the classroom, and let them see what 'really' happens to money when you spend it, add it, and invest it. Do this with pennies or nickels - many of the ideas in the blog can be transferred to these small coins. Juts divide them out in your head .

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making your child aware in the current economic condition will develop his attitude in being economic conscious.
so in the future he will value things that important to him, and also things that can affect his economic status.

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Part of our society’s problems with money relate to its struggle with innumeracy, which is to say the difficulty too many of us have with basic mathematics. We saw a snapshot of this last week in Ontariothat about one-third of school children tested are not meeting the province’s math standards.

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making your child aware in the current economic condition will develop his attitude in being economic conscious.
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the most valuable way to teach math will be to bring actual money into the classroom, and let them see what 'really' happens to money when you spend it, add it, and invest it.

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You could teach them about simplifying numbers when hearing about the deals and government packages worth millions and billions of dollars.

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