We compared our learning materials and the core financial literacy concepts that are covered in our Budget and Stock Games to the financial literacy standards for the state of Idaho.
A list of the Idaho Content Standards Financial Literacy are below, along with a selection of activities from our games and library that align with each standard. Our Learning Library contains over 300 total lessons that can be customized for every class, so this may not include every lesson that may apply for each standard.
Students will learn through playing the interactive online games, as well as completing the self-graded lessons that were designed to keep young learners engaged.
When you order PersonalFinanceLab® for your class, you’ll also get access to course outlines, lesson plans, student activities and grading rubrics that tie everything together.
Check out our course outlines, we’ll walk you through every step of the way!
We’re here to help engage your students to learn how to manage their money responsibly. Learn more about each of the main features and see how we can help transform your class.
Build your students confidence in the financial markets as they learn how to invest their money wisely.
Learn moreDiscover how the fully customizable platform can be tailored to fit the needs of your class by talking to a member of our team. Our curriculum specialists can guide you on how to integrate our lessons and games into your existing curriculum.
Schedule a callFind out which of our lessons or games reinforce the individual
knowledge statements from the Idaho Content Standards for Financial Literacy.
Legend:
Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment
Standard | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explain basic economic concepts. | ||||||
Describe the emergence of the modern corporation. |
Lesson – Forms of Business Ownership Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – Types of Companies Lesson – What is Cottage Industry | |||||
Describe the development of a consumer economy. |
Lesson – Benefits of Competition Lesson – Labor and Productivity Lesson – Consumer rights and responsibilities | |||||
Analyze the role of the modern United States in the global economy. |
Lesson – Why is it called Wall Street? Lesson – What is the New York Stock Exchange? Lesson – What is Specialization? Lesson – International Trade | |||||
Apply the concepts of supply and demand, scarcity, and opportunity costs, and explain their implications in decision making. |
Stock Game – Core Component Lesson – Supply and Demand Examples in the Stock Market Lesson – Opportunity Cost Lesson – Why is there scarcity? Lesson – Investing Strategies Lesson – Building a Diversified Portfolio Activity – Use the Net Present Value Calculator | |||||
Identify ways in which the interaction of all buyers and sellers influences prices. |
Lesson – Benefits of Competition Lesson – Supply and Demand Examples in the Stock Market Lesson – Understanding Price Movements | |||||
Identify how incentives determine what is produced and distributed in a competitive market system. |
Lesson – What are Incentives? Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism | |||||
Describe the factors of production. |
Lesson – Labor and Productivity Lesson – What is Specialization? Lesson – Property Rights Lesson – Comparative Advantage | |||||
Create and interpret graphs that model economic concepts. |
Stock Game – Core Component Lesson – Getting (and understanding) stock quotes Lesson – What is Economics? Lesson – Gross Domestic Product | |||||
Explain the difference between monetary policy and fiscal policy and the role of the Federal Reserve. |
Lesson – What is the Federal Reserve? Lesson – Monetary Policy Lesson – Fiscal Policy Explained Lesson – Government impact on the economy | |||||
Analyze the various parts of the business cycle and its effect on the economy. |
Lesson – The Business Cycle Lesson – Inflation Lesson – The Importance of Interest Rates | |||||
Identify different influences on economic systems. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Analyze the role of government policy in the economic development of the modern United States. | Lesson – Government impact on the economy | |||||
Analyze the economic impact of government policy. |
Lesson – Government impact on the economy Lesson – Monetary Policy Lesson – Fiscal Policy Explained | |||||
Compare and contrast different economic systems and relate each to different forms of government. | Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism | |||||
Explain and illustrate the impact of economic policies and decisions made by governments, businesses, and individuals. |
Budget Game – Core Component Stock Game – Core Component Lesson – Stock Market Crash of 1929 Lesson – What is Entrepreneurship? Lesson – Government impact on the economy Lesson – What is Cottage Industry Lesson – Social Responsibility In Management | |||||
Explain the purpose of labor unions. |
Lesson – Employer and Employee Rights and Responsibilities Lesson – Unemployment and other programs | |||||
Analyze the different types of economic institutions. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Evaluate the role of financial institutions in the economic development of the United States. |
Lesson – Banks, Credit Unions, and Savings and Loans Lesson – When to hire a tax professional Lesson – Debt Management Services | |||||
Explain the characteristics of various types of business and market structures. |
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – Types of Companies Lesson – What is Entrepreneurship? | |||||
Describe the elements of entrepreneurship and successful businesses. |
Lesson – What is Entrepreneurship? Lesson – Competitive Advantage Lesson – Importance of Planning and Vision Lesson – Segmentation and Target Markets Lesson – Pricing Strategies Lesson – Developing A Marketing Plan | |||||
Identify the role of the financial markets and institutions. |
Stock Game – Core Component Lesson – Banks, Credit Unions, and Savings and Loans Lesson – What is the New York Stock Exchange? Lesson – What is a Brokerage? Lesson – Certifications in the Finance Industry | |||||
Explain the concepts of personal finance. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Analyze how economic conditions affect financial decisions. |
Stock Game – Core Component Lesson – The Business Cycle Lesson – Importance of Interest Rates Lesson – Risk Lesson – Inflation Activity – Use the Investment Return Calculator | |||||
Examine and apply the elements of responsible personal fiscal management, such as budgets, interest, investment, savings, credit, and debt. |
Budget Game – Core Component Lesson – Pay Yourself First Lesson – Budgeting and Spending Strategies Lesson – Spending and Savings Plans Lesson – Preparing for Retirement Activity – Use the Home Budgeting Calculator | |||||
Identify and evaluate sources and examples of consumers’ responsibilities and rights. | Lesson – Consumer rights and responsibilities | |||||
Discuss the impact of taxation as applied to personal finances. |
Lesson – Taxation Overview Lesson – Tax Filing and the Form 1040 | |||||
Analyze the political, social, and economic responses to industrialization and technological innovations in the development of the United States. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Analyze the impact of events, such as wars, industrialization, and technological developments on the business cycle. |
Lesson – Risk Lesson – Understanding Price Movements Lesson – Stock Market Crash of 1929 Lesson – The Business Cycle Lesson – Labor and productivity | |||||
Analyze the human and physical characteristics of different places and regions. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explain how the factors of production are distributed among geographic regions and how this influences economic growth. |
Lesson – International Trade Lesson – What is Specialization Lesson – Comparitive Advantage Lesson – Analyzing Consumer Behavior Lesson – Segmentation and Target Markets | |||||
Build an understanding of the organization and formation of the American system of government. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explain the basic functions of government in a mixed economic system. |
Lesson – Government impact on the economy Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism | |||||
Identify laws and policies adopted in the United States to regulate competition. |
Lesson – Externalities Lesson – What are Price Controls? | |||||
Examine the federal budget, debt, and deficit, and their implications on the economy. |
Lesson – What is the Federal Reserve? Lesson – What is Economic Growth? Lesson – Major Economic Indicators (GDP, CPI, Jobs) | |||||
Build an understanding of multiple perspectives and global interdependence. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Describe the involvement of the United States in international economic organizations and treaties, such as GATT, IMF, and the WTO. | Lesson – International Trade | |||||
Analyze global economic interdependence and competition. |
Lesson – International Trade Lesson – Labor and Productivity Lesson – Property Rights Lesson – Comparative Advantage | |||||
Apply economic concepts to explain the role of imports/exports both nationally and internationally. |
Lesson – International Trade Lesson – Supply and Demand Examples in the Stock Market Lesson – What is Economics? |
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