We compared our learning materials and the core financial literacy concepts that are covered in our Budget and Stock Games to the social standards for the state of Louisiana.
A list of the Louisiana K-12 Student Standards for Social Studies 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 Louisiana K-12 Student Standards for Social Studies
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 |
Fundamentals of Economics | ||||||
Explain the basic problem of scarcity and how it drives economic decision-making | Lesson – Why is there Scarcity? | |||||
Describe the role of the factors of production as part of the circular flow of goods and services model | Lesson – Labor and Productivity | |||||
Assess factors that influence productivity and evaluate the relationship between productivity and standard of living and GDP |
Lesson – Labor and Productivity Lesson – Major Economic Indicators (GDP, CPI, Jobs) | |||||
Apply principles of supply and demand to predict how changes in the market affect prices and incentives for buyers and sellers |
Lesson – Supply and Demand Examples in the Stock Market Lesson – Benefits of Competition | |||||
Evaluate how different economic systems allocate resources in terms of their benefits to society | Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism | |||||
Economic Systems and Structures | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Analyze the four market structures (perfect competition, monopolistic competition, oligopoly, and monopoly) in terms of size of market, ease of entry, similarity of product, and control over price |
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – Benefits of Competition Lesson – Supply and Demand Examples in the Stock Market | |||||
Explain how competition affects both producers and consumers |
Lesson – Benefits of Competition Lesson – Supply and Demand Examples in the Stock Market | |||||
Interpret information about a current economic system undergoing change from a largely command or traditional system to a more mixed system |
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – International Trade | |||||
Explain the effects of technology and innovation on global economic interdependence and competition | Lesson – International Trade | |||||
Evaluate how various types of unemployment affect the economy | Lesson – Unemployment | |||||
Financial Literacy | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explain the relationship between education, training, and career options to future earning potential |
Lesson – Career Development Lesson – Work or Study | |||||
Create a family budget and explain its importance in achieving personal financial goals and avoiding negative financial consequences |
Budget Game – Core Component Lesson – Family Planning Lesson – Budgeting Lesson – Pay Yourself First | |||||
Compare and evaluate types of credit, savings, investment, and insurance services available to the consumer from various institutions |
Lesson – Short-Term Financing Lesson – Good Debt, Bad Debt Lesson – Banks, Credit Unions, and Savings and Loans Lesson – Debit Cards Lesson – Credit Cards | |||||
Apply given financial data to real life situations such as reconciling a checking account, reading bank and credit card statements, purchasing major goods, and avoiding consumer fraud |
Budget Game – Core Component Lesson – Reconciling Accounts Lesson – Planning for Long-Term Purchases Lesson – Researching Spending Lesson – Protecting Against Fraud | |||||
Analyze the benefits and risks of using credit and examine the various uses |
Lesson – Using Credit Lesson – Credit Cards Lesson – Good Debt, Bad Debt Lesson – Managing Debt Lesson – Bankruptcy Lesson – Mortgages Activity – Use the Car Loans Calculator Activity – Use the Credit Card Payments Calculator |
If you would like to learn more about PersonalFinanceLab, schedule a personalized demo, or get a Test Drive account to preview our games and lessons for yourself, please fill out the form below.
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