Learning Goals/Objectives Define the sum of a productive knowledge, experience, and “human capital” as person’s training. Identify the relationship between levels of education and wages or salary in a career. Identify the skills, knowledge, and training people will need for various jobs in the future. Overview In this lesson, students will explore the concept of human capital. Students will better understand how to build their own human capital and how it affects earned income. Materials Computer with internet access (Access to video technology) Promethean or Smart Board Video: Human Capital Interactive quiz on Human Capital video: Copies of the (Provided in the lesson.) Income and Education Graphs Copies of the Student Activity Sheet entitled, (Included in Career Information Worksheet the lesson.) Access to computers and the Internet Time 50 minutes, with possible time for homework. Activity Sequence INTRODUCTION/HOOK(5 minutes) Ask students to think back to when they were small children. Ask: Do you remember being asked what you wanted to be when you grow up? How did you answer? Have you changed your mind since then or are you now not sure what career you wish to follow? Ask: What will help you finally decide on a career? Will your choice be influenced by what you like and what you are good at doing? Explain that in this lesson, students will learn about the concept of human capital. It sounds very hard, but it is really quite simple. Human Capital is the combination of many things including experiences, education, training and interests that helps a person become ready for work and careers. ACTIVITY (40 minutes) View the video on Human Capital from Virtual Economics at: This video explains the concept of human capital and how it affects earning income. If time is available, work through the interactive quiz related to the above video: NOTE: Since the video includes income figures from the year 2000, two updated Income are also provided to review in more detail after viewing the video. and Education Graphs Explain that the two new graphics show updated income growth for persons investing in higher education. (10 minutes)
Learning Goals/Objectives Define “human capital” as the sum of a person’s productive knowledge, experience, and training. Identify the relationship between levels of education and wages or salary in a career. Identify the skills, knowledge, and training people will need for various jobs in the future. Overview In this lesson, students will explore the concept of human capital. Students will better understand how to build their own human capital and how it affects earned income. Materials Computer with internet access (Access to video technology) Promethean or Smart Board Video: Human Capital Interactive quiz on Human Capital video: Copies of the Income and Education Graphs (Provided in the lesson.) Copies of the Student Activity Sheet entitled, Career Information Worksheet (Included in the lesson.) Access to computers and the Internet Time 50 minutes, with possible time for homework. Activity Sequence INTRODUCTION/HOOK(5 minutes) Ask students to think back to when they were small children. Ask: Do you remember being asked what you wanted to be when you grow up? How did you answer? Have you changed your mind since then or are you now not sure what career you wish to follow? Ask: What will help you finally decide on a career? Will your choice be influenced by what you like and what you are good at doing? Explain that in this lesson, students will learn about the concept of human capital. It sounds very hard, but it is really quite simple. Human Capital is the combination of many things including experiences, education, training and interests that helps a person become ready for work and careers. ACTIVITY (40 minutes) View the video on Human Capital from Virtual Economics at: This video explains the concept of human capital and how it affects earning income. If time is available, work through the interactive quiz related to the above video: NOTE: Since the video includes income figures from the year 2000, two updated Income and Education Graphs are also provided to review in more detail after viewing the video. Explain that the two new graphics show updated income growth for persons investing in higher education. (10 minutes)
Grade%206%20Lesson%2010%20Building%20Human%20Capital.docx