New Mexico State

New Mexico
State Standards

We compared our curriculum and the core financial literacy concepts that are covered in our Budget and Stock Games to the personal finance standards for the state of New Mexico.

A list of the New Mexico Social Studies Standards are below, along with a selection of activities from our games and library that align with each standard. Our curriculum 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.

Course Outlines, Lesson Plans & Student Activities

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!

3-Week Enrichment Program

3-Week Enrichment Program
18-Week Course Outline

18-Week Course Outline
9-Week Course Outline

9-Week Course Outline

Get to Know PersonalFinanceLab™

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.

Personal Budgeting Game

A monthly budget game with real-life scenarios and consequences.

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Stock Market Game

Build your students confidence in the financial markets as they learn how to invest their money wisely.

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Embedded Curriculum

Self-graded lessons aligned to National and Jump$tart Standards.

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We’re Here to Help!

Discover 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.

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New Mexico Financial Literacy Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the New Mexico Social Studies Standards.

Legend:

Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment

Standard Activity
Economic Decision Making
Apply understanding of economic concepts and systems to analyze decision making and the interactions between consumers, business, government, and societies. Stock Game – Core Component
Lesson – Understanding Price Movements
Lesson – The Business Cycle
Lesson – The Government Impact on the Economy
Lesson – Labor and Productivity
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Lesson – Types of Companies
Lesson – Benefits of Competition
Gather and evaluate sources to explain the relationship between economic decisions and environmental consequences. Lesson – What are Incentives?
Lesson – Social Responsibility In Management
Lesson – The Product Lifecycle
Use cost-benefit analysis and marginal analysis to evaluate an economic issue. Lesson – What is Economics?
Lesson – Marginal Benefit and Cost
Evaluate how economic principles influence choices and can produce varied outcomes for different individuals or groups. Lesson – What is Economic Growth?
Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Evaluate the market value of income earned through wages and other activities associated with saving and investing. Stock Game – Core Component
Budget Game – Core Component
Lesson – The Importance of Interest Rates
Lesson – Income and Compensation
Lesson – Investing Strategies
Activity – Use the Net Worth Calculator
Economic Systems and Models
Analyze the production, distribution, and consumption of goods and services. Lesson – What is Economics?
Evaluate economic theories for their compatibility with democracy. Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Lesson – Government impact on the economy
Lesson – Fiscal Policy Explained
Lesson – Property Rights
Compare the advantages and disadvantages of major economic systems found around the world. Lesson – International Trade
Lesson – What is Specialization?
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Critique inequalities that exist in economic systems. Lesson – Comparative Inequalities Systems – Capitalism, Socialism, and Communism
Use economic data to evaluate the positive and negative aspects of U.S. capitalism in relationship to other economic systems. Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Gross Domestic Product
Critique the impact of globalization on New Mexico and its citizens. Lesson – International trade
Lesson – International trade
Evaluate the impact of environmental externalities in New Mexico’s communities. Lesson – Externalities
Evaluate opportunities for economic diversification that can significantly impact state and local conditions. Lesson – Building a Diversified Portfolio
Lesson – Labor and Productivity
Lesson – What is Cottage Industry
Money and Markets
Explain how buyers and sellers interact to create markets and market structures. Stock Game – Core Component
Lesson – Supply and Demand Examples in the Stock Market
Evaluate how a variety of factors and conditions in a market determine price and the allocation of scarce goods and resources. Stock Game – Core Component
Lesson – Understanding Price Movements
Lesson – Why is there Scarcity?
Evaluate the role played by competition in the market. Stock Game – Core Component
Lesson – Benefits of Competition
Evaluate the role of financial institutions in a market economy. Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – What is a Brokerage?
Analyze the role of money in the economy. Lesson – What is Money?
Lesson – What are Price Controls?
Lesson – How is Money Created?
Critique specific government policies or regulations initiated to improve market outcomes and the consequences, both intended and unintended experienced by individuals, business, communities, and states. Lesson – What are Incentives?
Lesson – Unemployment
Lesson – Fiscal Policy Explained
Lesson – Monetary Policy
Lesson – Government impact on the economy
Generate possible explanations for a government role in markets when market inefficiencies exist. Lesson – Government impact on the economy
Evaluate the causes and implications of market failures. Lesson – Stock Market Crash of 1929
Lesson – Risk
Explain how governments establish the rules and institutions in which markets operate at the local, state, tribal, national, and international levels. Lesson – Property Rights
Lesson – Taxation Overview
Lesson – Consumer rights and responsibilities
Lesson – Government impact on the economy
Use economic indicators and data to analyze the health of the U.S. economy in relation to other countries. Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Gross Domestic Product
Evaluate how fiscal and monetary policy choices have economic consequences for different stakeholders in a variety of economic conditions. Lesson – Fiscal Policy Explained
Lesson – Monetary Policy
Evaluate foreign and domestic issues related to U.S. economic growth over time. Lesson – What is Economic Growth?
Explain the effect of advancements in technology and training on economic growth and standards of living across diverse groups and circumstances. Lesson – Labor and Productivity
Global Economy
Explain how current globalization trends and policies affect economic growth, labor, markets, rights of citizens, the environment, and resource and income distribution in different nations. Lesson – International Trade
Explain how economic conditions and policies in one nation increasingly affect economic conditions and policies in other nations. Lesson – International Trade
Evaluate how geography, demographics, industry structure, and the rules of economic institutions influence a nation’s economic development. Lesson – What is Economic Growth?
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Analyze why a country might participate in global trade. Lesson – International trade
Connect how trade agreements between nations have short- and long-term effects. Lesson – International trade
Construct an argument about how global interdependence impacts individuals, institutions, and societies based on documented evidence. Lesson – International trade
Personal Financial Literacy
Explain how and why people make choices to improve their economic well-being. Budget Game – Core Component
Lesson – Pay Yourself First
Compare the costs and benefits of saving, using credit, and or making certain types of financial investments. Lesson – Investing Strategies
Lesson – Building a Diversified Portfolio
Evaluate how and why individuals choose to accept risk, reduce risk, or transfer risk to others. Lesson – Risk
Lesson – Life Insurance
Investigate ways that personal information is fraudulently obtained. Lesson – Protecting Against Fraud
Identify voluntary (e.g., retirement contributions) and involuntary deductions (e.g., payroll taxes) and how they impact net income. Lesson – Taxation Overview
Lesson – Tax Filing and the Form 1040
Lesson – Common Tax Deductions
Lesson – Common Tax Additions
Prepare a budget or spending plan that depicts varying sources of income, a planned saving strategy, taxes, and other sources of fixed and variable spending. Budget Game – Core Component
Lesson – Budgeting
Lesson – Spending and Savings Plans
Evaluate options for payment on credit cards and the consequences of each option. Budget Game – Core Component
Lesson – Using Credit
Lesson – Credit Cards
Describe how a credit score impacts the ability to borrow money and at what rate. Lesson – Credit Reports
Lesson – Mortgages
Activity – Use the Home Budgeting Calculator
Identify various strategies students can use to finance higher education and how to access student aid through completion of the Free Application for Federal Student Aid (FAFSA). Lesson – Student Loans
Calculate the total cost of repaying a loan under various rates of interest and over different time periods. Lesson – Using Credit
Lesson – Importance of Interest Rates
Explain what a mortgage is, why most Americans require one to finance a home, and the challenges of financing mortgages on tribal land. Lesson – Mortgages
Explain how investing may build wealth and help meet financial goals (e.g., stocks, bonds, mutual funds, retirement savings options, real estate). Investing101 Certification Course
Lesson – Building a Diversified Portfolio
Lesson – Investing Strategies
Explain various types of insurance and the purpose of using insurance to protect financial interests Lesson – Car Insurance
Lesson – Renter’s Insurance
Lesson – Health Insurance

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