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39 of Total Resources

Funny Money or Phony Money?

Money is what we use to show what goods or services are worth. When you do work, you are paid...
Key Concepts: Markets and Prices

Toys for Me: A Lesson on Choice

Updated! In this elementary economics lesson, students will categorize and prioritize their wants to learn about scarcity and choice. Scarcity...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Scarcity…

We are Consumers and Producers

In this economics lesson, students learn how they and family members fulfill the roles of producers and consumers.
Key Concepts: Consumers, Goods and Services, Producers

What is Competition?

Students will understand what businesses are, that a marketplace exists whenever buyers and sellers exchange goods and services, and that...
Key Concepts: Business Costs and Revenues, Consumers, Decision Making/Cost-Benefit Analysis…

Clipping Coupons

In this lesson, students will calculate savings for different products when using coupons. They will also decide what factors will...
Key Concepts: Decision Making/Cost-Benefit Analysis, Incentive, Markets and Prices…

The ABCs of Saving

In this personal finance lesson, students will learn about short and long term goals in order to be a successful...
Key Concepts: Opportunity Cost, Saving

What Are Incentives?

Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Incentive

The Shoemaker's Tools

After hearing the story, "The Shoemaker and the Elves," the students will find the capital resources of the shoemaker's business.
Key Concepts: Goods and Services

I Can Dream Anything!

After listening to the song, 'I Can Do Anything', students discuss services that people in the community perform. This lesson...
Key Concepts: Choice, Specialization

Vincent van Gogh's 'Flower Beds in Holland'

Students study a painting by van Gogh called "Flower Beds in Holland". The students recognize that this farmer made a...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Scarcity

Tricks for Treats

Students will recognize that people (and animals) will work for incentives.
Key Concepts: Choice, Incentive

Increasing Productivity

This lesson stimulates students' thinking with stories about rigorous athlete training illustrating the importance of training and practice. After students...
Key Concepts: Division of Labor/Specialization, Goods and Services

Eureka!

Take a look at how inventions, such as plastic, have changed our lives and how they are changing the future...
Key Concepts: Entrepreneurs