Newsletter │Volume 2│ 2020 
From NCEE President, Jennifer Davidson

The state of things today with COVID-19 closures reeking havoc on the economy provides AMPLE evidence of why its important to understand economics. We are seeing shortages of ventilators, hospital beds, toilet paper and other items. These are scarcity problems and we will likely have to make some very tough allocation decisions. The Fed is enacting monetary policy, reducing interest rates to zero and injecting $1.5 Trillion into the short term money markets (quantitative easing). The executive branch is talking about a stimulus package, mailing each American adult a check. What does this mean for the deficit and debt? Sectors of the the economy are shutting down which will affect GDP and undoubtedly result in a recession. THESE ARE ALL ECONOMIC ISSUES. We must ensure all citizens get some basic economic education. It is a paramount to understanding the world, and democratic system, in which we live.

Sadly, in Nebraska, 189 of our 255 school districts DO NOT require an economics course for graduation. Here is an oldie but goodie article making the case on why we need economic education in K-12. The author is NCEE board member and past president, Dr. Bill Walstad.

Curriculum Corner / Lesson Spotlight
Teachers - as you move to remote teaching please know we are here to help you. Are you finding resource or content gaps? If so, please contact Jennifer Davidson at [email protected] We may be aware of additional resources that can work. Here are some of our favorites.
All of the sites below offer interactive student lessons on economics and personal finance and allow student access from a remote location. Click logo to learn more.
Roper Elementary Opens 32nd Nebraska
In School Savings Branch in Partnership with Cattle Bank & Trust
The 32nd student branch of the In School Savings program opened on Jan. 30 at Roper Elementary School. The Rocket branch of Cattle Bank & Trust will be open once a week for savings deposits by Roper students. It will be staffed by a combination of Cattle Bank & Trust tellers and student tellers.

The opening was coordinated by the University of Nebraska-Lincoln Center for Economic Education, Roper staff, Cattle Bank & Trust. The Roper branch is the second in-school branch of Cattle Bank & Trust within Lincoln Public Schools. Roper Elementary is the largest elementary school in Lincoln at almost 900 students.

All of these branches are part of the growing In School Savings Program in Nebraska.
The student branches are designed to: introduce the economic concept of savings early and reinforce this idea throughout the elementary curriculum; demonstrate that saving should be part of a student’s personal finance plan for his or her future; provide the opportunity to discover careers in the area of banking and finance; and increase parental involvement through savings and banking activity.
Impact Across the State
Alliance Wins Best in the West Business Invitational Held at Chadron State College
Best of the West Invitational Champions from Alliance High School with Interim Dean, School of Business, Mathematics and Science, Dr. Wendy Waugh and Chadron Center Administrator, Dr. Gary Dusek
Ninty-eight students from seven high schools participated in the 3 rd Annual Best of the West Business Invitational on Wednesday, Jan. 28, co-hosted by Chadron State College and the Chadron Center on Economic Education. Attending schools were: Alliance, Arthur County, Bridgeport, Chadron, Hay Springs, Hemingford and Ogallala. The competition included written tests in eight subjects, as well as a job interview contest for seniors. Alliance High School placed first, followed by Chadron and Hemingford.

Interim Dean Dr. Wendy Waugh as well as CSC faculty members Dr. Richard Koza, Terrie Wood, and Jack Kant judged the job interview contest. Volunteers from the Nebraska Business Development Center as well as CSC student members of Rural Business Leadership Initiative assisted with the event. Students participating in the Best of the West competition also took part in asking questions of a student panel made up of CSC students. Students asked the panel questions regarding student life at Chadron State College.

The Best of the West Invitational was conducted following Future Business Leaders of America (FBLA) competition guidelines. Center Administrator, Dr. Gary Dusek said by following FBLA rules, the competition served to prepare the competitors for the FBLA State Leadership Conference in Kearney in April. Dr. Wendy Waugh, Interim Dean of the School of Business, Mathematics and Science, said “The Best of the West competition was well attended by area high schools. The energy and professionalism these students brought to our campus was unmistakable. It is very apparent that there are some strong future business leaders emerging from the participants and Chadron State. We, along with the Nebraska Council on Economic Education, are honored to offer the opportunity for these students to challenge themselves and grow in their knowledge of business.”

The Understanding Global Economic Issues teacher development workshop scheduled for April 18 has been postponed and will be rescheduled for fall 2020.

Stock Market Game Banquet of Champions cancelled
Due to on-going precautions for Coronavirus (COVID-19), the College of Business made the decision to suspend in-person events. As a result, the Stock Market Game-Banquet of Champions scheduled for April 29, 2020 is cancelled.  We feel it is the responsible decision to protect the health of our community members.

We plan on notifying the spring Stock Market Game winners via email and mailing the trophy, medals and certificates to their school. 

We look forward to honoring your students each year and are disappointed that we will not be able to do so in person. Stay safe and we appreciate your participation in the Nebraska Stock Market Game.
More information available at: . Please direct COVID-19 questions to  [email protected]

Join Us!
Please join us in our goal to create opportunities for economic and financial education throughout Nebraska. Let's set up a time to talk about how we can work together.

Upcoming events:

March 9 - April 17

March 19 - April 17

April 10
Stock Market Game ends