econoMe: Now with new resources accredited by the PSHE Association and Young Money!
Young people will be required to make important decisions throughout their lives and the Bank of England‘s free econoME education programme, accredited by the PSHE Association and Young Money, provides students aged 11-16 with the analytical skills to make informed decisions, that will benefit themselves and the world around them.
Using real-world examples and best practice strategies from the Bank of England, econoMEwill help your students to understand how their decisions are affected by, and influence, the economy, through the use of interactive activities, captivating videos and informative case studies.
On Friday 4th May 26 PSHE invited teachers from schools around the country, were greeted at the Museum entrance of the Bank of England, and taken up to a training room where we had 1.5 hours with the Econo Me resources and trainers from the Bank and the PSHE Association. They put the materials into a PSHE context (finance is not taught particularly well at the moment – you might learn how to calculate interest rates in maths, but the ‘sensitive’ side ( debt, redundancy, advertiser influence, good decision making) is lacking. The Bank of England developed these resources in response to that, and the PSHE Association has accredited the materials to ensure good quality.
At 3pm we were taken into a state room and Econo Me was officially launched. Mark Carney gave a fantastic opening speech – the Bank wants to educate, open up career possibilities (economic careers and courses in general under-represented by women and BAME community) and to enable young people to make better financial decisions. Then Q and A session run by Andy Haldane, (B of E chief economist) who hosted a panel of Lucy Kelleway (ex FT journalist who retrained as a maths teacher) Robert Peston and Jonathan Baggaley (CEO of the PSHE Association). They talked about the need for good financial education – really inspiring. I am fired up for using the materials with the Year 7 & 8 children at Windlesham!
Head of PSHE & Wellbeing Co-Ordinator