Grades K-2, 3-5
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In the story, A Chair for My Mother, a little girl and her family save money in a jar to...
Key Concepts: Budgeting, Goods and Services
Grades K-2, 3-5
Teach Opportunity Cost with "Uncle Jed's Barbershop"
Students listen to the book Uncle Jed's Barbershop, about an African American barber who, despite significant setbacks, saves enough money...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurship, Saving
Grades K-2, 3-5
Specialists Light Up Our Lives!
Peppe and his family moved to America to pursue the American dream. His mother has passed away, his father is...
Key Concepts: Goods and Services, Specialization, Trade, Exchange and Interdependence
Grades K-2, 3-5
Scarcity - Playful Economics | Lesson and Demo
Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, demonstrates how to use play dough to teach the...
Key Concepts: Scarcity
Grades K-2, 3-5
Teach Money Skills and Graphing with "Alexander, Who Used to Be Rich Last Sunday"
In the story, Alexander, Who Used to Be Rich Last Sunday, Alexander receives a dollar from his grandparents that he...
Key Concepts: Consumers, Decision Making/Cost-Benefit Analysis, Spend
Grades 3-5
Booker T. Washington:"Fifty Cents and a Dream"
In this economics lesson, students will study Booker T. Washington's life to learn about resources.
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Productive Resources
Grades 3-5
Spotlighting Entrepreneurs: A Technology "iCon"
What better way to address Common Core standards in Reading Informational Text than by meeting a gentleman that changed the...
Key Concepts: Balance of Trade and Balance of Payments, Business, Credit…
Grades 3-5
One Hen: How One Small Loan Made a Big Difference
The picture book One Hen: How One Small Loan Made a Big Difference, written by Kate Smith Milway, takes place...
Key Concepts: Borrow, Budgeting, Entrepreneurs…
Grades K-2, 3-5
Opportunity Cost - Consumers
Key Concepts: Consumers, Decision Making/Cost-Benefit Analysis, Producers…
Grades 3-5
Jobs: Who Needs 'Em?
In this lesson, students will look at the importance having some kind of job. At early ages they sometimes get...
Key Concepts: Employment and Unemployment, Trade-offs among Goals
Grades 3-5
Cowboy Bob Builds a Community
A cowboy rides into a ghost town and decides that it needs to be rebuilt. Students will select the necessary...
Key Concepts: Roles of Government
Grades 3-5, 6-8
Work, Earnings, and Economics: "Lyddie" by Katherine Paterson
This updated lesson is based on the novel, Lyddie, by Katherine Paterson. Set mainly in Lowell, Massachusetts, in the 1840s,...
Key Concepts: Budgeting, Choice, Decision Making/Cost-Benefit Analysis…
Grades 3-5
How Labor Got Its Day
If you asked students what comes to mind first when they think of Labor Day, what do you think they...
Key Concepts: Division of Labor/Specialization, Economic Institutions, Goods and Services…
Grades 3-5
The Color of Resources
This lesson will demonstrate the making of Crayola products to introduce natural, capital, and human resources as well as touching...
Key Concepts: Resources
Grades 3-5, 6-8
Did You Get the Message?
Updated! In this economic lesson, students will view TV ads to learn advertising incentives and strategies.
Key Concepts: Advertising, Consumers, Incentives
Grades 3-5, 6-8
Believe it or Not?
In this economic lesson, students will explain fact and opinion in advertisements.
Key Concepts: Advertising
Grades 3-5
You Can BANK on This! (Part 1)
Banking should not be confusing. It should be INTERESTing! Most students in the elementary grades would love to know more...
Key Concepts: Money, Trade, Exchange and Interdependence
Grades 3-5
You Can BANK on This! (Part 4)
This lesson deals with credit and wraps up this unit on finance.
Key Concepts: Credit, Interest, Profit
Grades 3-5
The Grasshopper and the Ant
Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest...
Key Concepts: Balance of Trade and Balance of Payments, Consumers, Decision Making/Cost-Benefit Analysis…
Grades 3-5
What Face do you Use?
The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for...
Key Concepts: Money, Trade, Exchange and Interdependence