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6-8th grade materials were made possible by 3M.
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Introduction
Mathematics and Economics: Connections for Life, 6-8 is a set of 12
lessons that demonstrate how mathematical processes and concepts may
be applied to the study of economics and personal finance. In this volume,
mathematics educators will find lessons connecting mathematics instruction
to practical problems and issues that students will encounter throughout
their lifetimes.
In the study of these problems and issues, economics and mathematics
are natural intellectual allies. Economics is the study of people's
attempts to make good decisions in an uncertain world endowed with limited
resources. The tools that economists use gain power, elegance and visual
appeal as they are represented mathematically in models. Indeed one
might think of economics as "first quadrant math" because
economic magnitudes only rarely take on a negative sign. Research indicates
that students with a strong background in mathematics are more likely
than others to succeed in introductory college-level economics classes.
However, the lessons presented here are not designed solely for use
with students who are college-bound. These lessons are designed to provide
economic skills and knowledge that all students will use as savers,
investors, consumers, producers, and informed citizens.
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