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State Board of Education adopts new social studies standards in June 2019

Budget Challenge® is an online 10-week personal finance simulation with full curriculum and assessments. Includes mobile app for paying bills on the go. Their learn-by-doing approach gets students engaged in their learning. Think of the 10-week Budget Challenge® Road Test as the first ever lab component for personal finance. We are able to bring this program to you thanks to Michigan LARA. Best for grades 7-12. Budget Challenge is completely free for Michigan teachers and students! New simulations begin weekly.

Providing Michigan’s K-12 students with economic knowledge and financial skills needed to thrive in our dynamic economy.

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membership in the michigan council on economic education carries no financial cost to you. join as an educator or a community partner in promoting economic and financial education for michigan students.

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Teams of four high school students compete in a series of challenging tests to demonstrate their economic understanding and reasoning skills. The Challenge matches your team’s understanding of economics with teams from other schools.

Every Michigan school district will have the opportunity to hold a preliminary first round of the Challenge online. The top teams from across Michigan will be invited to participate in a three-round State Finals competition.


The Michigan Personal Finance Challenge is an opportunity for students to demonstrate their knowledge of Personal Finance by competing with other students across the state. Every Michigan teacher will have the opportunity to have their students participate in the online qualifying round of the Personal Finance Challenge. The top teams from across Michigan will be invited to participate in a case study State Finals competition at the Federal Reserve Bank of Chicago-Detroit Branch.


$martPath is an engaging, interactive and easy-to-use way for teachers of grades 1-8 to embed relevant and fun economic and financial education in their classrooms. Best of all, $martPath is completely free!

Developed by leading practitioners working hand-in-hand with teachers, $martPath provides simple, fun lessons that bring economic and financial education to life in your classroom. $martPath units teach students about personal financial responsibility (such as saving, prudent spending, and prioritizing needs and wants) through grade-appropriate, curriculum-aligned, interactive lessons.

Money Smart Week

Money Smart Week is a public awareness campaign designed to help consumers better manage their personal finances. This is achieved through the collaboration and coordination effort of organizations across the country including businesses, financial institutions, schools, libraries, not-for-profits, government agencies and the media. Programming covers all facets of personal finance from establishing a budget to first time home buying to estate planning.

Summer Conference

Join us each summer for amazing professional development opportunities that focus on economic and financial literacy education. Always a great mix of learning from professionals in the field along with pedagogical tools that will impact student learning starting on day one of the next school year!

Champions Dinner

An evening to celebrate the economic education achievements of Michigan teachers and students who have excelled in the classroom and those individuals and organizations whose efforts have expanded the role of MCEE, economic education, and financial empowerment throughout the state.

Funding the Future

Gooding, The Reminders, or Carter Hulsey engage middle or high school students with a live concert, inspire with the musicians’ personal stories, and encourage critical thinking during a spirited Q&A. Students learn how to harness money as a tool to succeed, achieve dreams and change lives.

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Contact Information:
Michigan Council on Economic Education
41500 Gardenbrook
Novi, MI  48375

Office: 248.939.4995

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