EconomicsPA offers new curriculum

economicspaSUNBURY — While the national economy is struggling to rebound, a local group is working to ensure that future generations understand how to make wise economic decisions. EconomicsPennsylvania is expanding its curriculum and working with younger kids.

 

Fritz Heinemann is president and CEO of EconomicsPA, “One of the basic concepts that we are trying to promote is that almost every single one of your decisions has an economic consequence. When you are making a decision, you need to have information. You need to have knowledge. You’ve got to have an understanding of what the impact will be, not just for you, but for those who you may influence… How do you make these decisions?”

 

Heinemann says the group is constantly coming up with new curriculum for students. The latest initiative is called the “Strive to Drive” board game, where students are asked to hypothetically buy their first car.

 

Heinemann said, “We ask them, ‘What car do you want to buy?’ Now, research that car and determine what model, what you want on it, and how much is it going to cost? The next step is ‘Where are you going to get the money?’ That brings the concept of possibly borrowing money. Then you’ll have to go to a bank. Then you start to talk about interest, insurance, maintenance…”

 

Heinemann says it gets kids to do research and learn about the reality of investments. He says students generally start off wanting a BMW, and end up choosing a 10-year-old Ford Fiesta.

 

Along with the new game, EconomicsPA is also growing to include younger students. They now offer curriculum for third graders. Heinemann was a guest on WKOK’s On The Mark program Wednesday. You can learn more about EconomicsPA at here.  You can also go to www.EconomicsPA.org. (Codi Jade)

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