1.  Welcome and thank you for being here!  Please complete the registration form:  Please write in at the bottom how many students you impact annually  Please write at the top that the materials you will receive will be VE4.5 (Virtual Economics 4.5)

3. 501(c)3 Texas wide nonprofit 1801 Allen Parkway, Houston, TX 77019 tcee@economicstexas.org www.economicstexas.orgwww.economicstexas.org * www.smartertexas.orgwww.smartertexas.org P: 713.655.1650 Presenter: Laura Ewing/President

4. 1. demand supply goods and services profit 2. priceboomtown entrepreneur production

5. What Role Does Texas Council on Economic Education Play? The Texas Council on Economic Education (TCEE) Teaches Teachers Who Teach Students Who Are the Future of Texas --John Anderson, TCEE Board Member

6. Smarter Texas Conference Summer 2016

7. Council for Economic Education Annual Conference

8. Thank you for supporting the training today!

9. Staff Development Annually: 2200 Educators and 2.3 million students Economics Entrepreneurship Career/Business Financial Literacy Playful EconomicsPlayful Economics

10. Jean Walker, MBA West TX A&M Cheryl McGaughey, MBA, Angelo State U Alberto Davila, Ph.D. UT Pan Am Catherine Rinhart Program Director Cindy Manzano Valerie Johse Smarter Texas Directors Debbie Mackey Stock Market Game™ Director Steve Cobb, Ph.D. University North TX Susan Doty, MBA UT Tyler Nancy Shepherd, Ph.D. Stephen F. Austin State University Laura Ewing TCEE President Cherry Frye Office Manager Allen Reding Web Manager TCEE Center Directors and Staff Provide Training All Over The Great State of Texas In After School Programs, Personal Financial Literacy (PFL), Social Studies Economics Strand, Math PFL, Career/CTE, Entrepreneurship, Economics, Paying For College

11. Three Student Programs Directly Reach 22,000 students annually Stock Market Game™ Economics Challenge Personal Financial Literacy (PFL) Challenge

12. 10 week simulation Grades 4 through 12 Teams of 2 to 5 students Virtual $100,000 to invest 20,000 Texas students participate annually Legislative & Capitol Hill Challenges $10 team fees Research indicates improved math scores on standardized tests Students visit Dallas for the first time. Greenhill School parents thank TCEE.

13. InvestWrite Open to students participating in the Stock Market Game™ Elementary, Middle and High School Competition Cash prizes from Texas Greenhill High School National Winner visited Wall Street First and 9 th Place National Winners From Texas in 2014

14. How Do You Get These Materials? www.economicstexas.org www.Smartertexas.org

15. Saving For College The Why, When, and How Published by RAISE Texas Parent and Student Guides Written by TCEE Download Book And Guides at http://economicstexas.org/?page_id=5703 http://economicstexas.org/?page_id=5703

16. Grades K to 8 Math PFL Lessons Visit resources: Economics texas.org Smartertexas.org

17. After School Programs: Never Too Young: Personal Finance for Young Learners Middle School After School tied to PFL Math TEKS After School Program for Elementary School Students in Personal Finance and Economics 17

18. Presentations Available Online “Recent Presentations”

19. The TCEE programs are made possible by the following TCEE partners. copyDR. EnviroChem Services, Inc. Trout Foundation John Anderson Less B. Fox RBC Wealth Management

20. John Ivie - Chair Ivie Law Firm Patricia Hardy State Board of Education, Member District 11 Weatherford ISD Robert Smith III President Texas A&M University Galveston Lisa Clawson President - Addison Happy State Bank Laura Jaramillo Senior Vice President Government & Community Relations Group Wells Fargo Pete Villarreal EVP, Chief Administrative Officer PlainsCapital Bank Anthony Daddino Meadows, Collier, LLP Marcus McCue Executive Vice President Guardian Mortgage Co., Inc Homer Erikson TCU University Andrew DeLauro Senior Vice President BB&T Dawn Moeder Assurance Services Partner Lane Gorman Trubitt, LLP John Anderson- Director Emeritus Anderson Investments Thomas Fleissner President and CEO Houston Information Team, LLC Donna Normandin Senior Vice President Frost Bank Carol J. Trout - Director Emeritus Trout Foundation Aaron Gladstone Associate Hilltop Holdings Inc. Rob Pivnick Vice President Goldman, Sachs & Co. James Cooper - ex officio James C. Cooper, Inc. Wayne Goettsche WKG Consult Edmund P. Segner III Professor/Civil & Environmental Engineering Rice University Board of Directors

21. 1801 Allen Parkway, Houston, TX 77019 P: 713.655.1650 F: 713.655.1655 www.economicstexas.orgwww.economicstexas.org****WWW.smartertexas.orgWWW.smartertexas.org Helping young people learn to think, choose and make better economic decisions.

22. 25 new families moved into your neighborhood and every neighborhood in your area? there were so many more people…what would you need?

23. 25 new families moved into your neighborhood and every neighborhood in your area? there were so many more people…what would you need?

24. What do you see in these photos from 1901? What do you think these photos represent? Where is Beaumont, Longview?

25. Beaumont population grew from 9,000 people to 50,000 in three months. Breckinridge population went from 600 in 1918 to 30,000 in 1919 February 1931 Longview grew from 5,000 to 10,000 in 2 months How would their lives have changed????

26. 1. You are going to be in six different groups. 2. Your group will read one primary source together. 3. What goods and services are limited in supply? 4. What factors caused an increased demand for G & S? 5. What new occupations developed? Why? 6. Are your lists of important goods and services the same as those 100 years ago? Explain. 7. What examples of entrepreneurship are there? What are examples of profit motive?

27. Share your answers with your expert group. Switch groups and share what you learned about the new story

28. 1. Pretend that you live in a community that will soon have a huge boom in population. 2. It is a fictional town in the panhandle of Texas in Floyd County. There are 125 people now. You are close to highway 70. 3. Oil has been discovered and 1000 population is expected within 2 months

29. 1. Floyd County: 125 to 1000 population in 2 months 2. One gas station which sells groceries (mainly milk and bread) 3. Work in small groups to: 1. A. List problems 2. B. What goods and services will they need? 3. C. Make a list of actions needed to help people deal with population boom.

30. . Please read your section of the article: http://stateimpact.npr.org/texas/tag/fracking/?gclid=CO7 FraGdp7ACFWLktgodhx46Yw http://stateimpact.npr.org/texas/tag/fracking/?gclid=CO7 FraGdp7ACFWLktgodhx46Yw Answer the following questions. 1. What is fracking? 2. Where is the fracking taking place? 3. What are three important points about what is happening 4. Using the map, what do you notice about locations?

32. Read your segment of the Eagle Ford Fracking Article and provide pro and con arguments concerning fracking. http://www.bloomberg.com/news/2011-12-20/eagle-ford- drilling-rush-may-boost-texas-tax-revenue-15-fold.html You will meet with several other students. Each person will explain pros and cons of fracking. Make a list of the pros and cons discussed. Next, choose one pro and one con. Make a list of what you think the next steps should be for these?

34.  http://www.texastribune.org/2012/07/13/midla nd-oil-boom-strains-housing-schools/ http://www.texastribune.org/2012/07/13/midla nd-oil-boom-strains-housing-schools/  $1,500 for a 400 square foot cabin in Midland  oil prices are hovering above $80 a barrel, more than double their level of early 2009, more than double their level of early 2009  Permian Basin accounts for 14 percent of the nation’s oil production. 14 percent of the nation’s oil production  population has swelled by about 8 percent in the last two years, to about 120,000. There is talk of eventually hitting the 150,000 mark. Unemployment in Midland in May stood at just 3.8 percent — the lowest for a metro area in the state — followed by nearby Odessa at 4.3 percent.talk of eventually hitting the 150,000 marklowest for a metro area in the state

35.  oilfields offer generous pay, starting around $15 an hour  Besides subdivisions, cabins and RV parks, which are sometimes dubbed “man camps,” hotels are rapidly going up.  Modessa — it’s going to happen eventually  traffic fatality rate for the Permian Basin area in 2010 was 2.5 times higher than in the rest of the state  housing shortages, busy roads and bursting schools.

36.  http://www.statesman.com/weblogs/salsa- verde/2014/aug/13/texas-fracking-has-included- diesel-fuel-according-/ http://www.statesman.com/weblogs/salsa- verde/2014/aug/13/texas-fracking-has-included- diesel-fuel-according-/  http://stateimpact.npr.org/texas/tag/fracking/ http://stateimpact.npr.org/texas/tag/fracking/  http://earthjustice.org/features/texas-and-fracking http://earthjustice.org/features/texas-and-fracking  http://www.sourcewatch.org/index.php/Texas_and_ fracking http://www.sourcewatch.org/index.php/Texas_and_ fracking  http://stories.weather.com/fracking

37. Beaumont early 1900 Small towns 2000s What was the discovery? Compare the roles that technology played in the discovery. Compare the roles that geography played in the discovery. What impact did these discoveries have on urbanization? What were similar lifestyle and social changes and how the people handled them? What were differences in lifestyles and social changes and how people handled them?

38.  What is the point?  What are the similarities and differences between Spindletop and today?