Grades K-2
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In this economics lesson, students will use real world examples to learn about goods and services.
Key Concepts: Goods and Services
Grades K-2, 3-5
Intro to Scarcity
In this economics lesson, students will sing and play a game to learn about scarcity.
Key Concepts: Scarcity
Grades K-2
Every Penny Counts
In this personal finance lesson, students will evaluate wants and spending.
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis
Grades K-2
The Little Red Hen is a Producer and a Consumer
In this economics lesson, students will use real-world examples to understand how consumers and producers interact.
Key Concepts: Consumers, Producers
Grades K-2
Teach Entrepreneurship with "Arthur's Pet Business"
In this economics lesson, students will read a popular children's book to learn about entrepreneurship.
Key Concepts: Entrepreneurs, Goods and Services, Risk and Return
Grades K-2, 3-5
Teach Saving and Budgeting with "A Chair for My Mother"
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
Teach About Spending with "Bunny Money"
In this lesson, students listen to the story of Ruby and Max, two bunnies that go shopping and make many...
Key Concepts: Consumers, Goods and Services, Saving
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
"What Pet Should I Get?" Dr. Seuss and Decision Making
Recently published, but likely written between 1958 and 1962, What Pet Should I Get? is the delightful tale of a...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
Grades K-2
Forecasting Economics - Using Weather to Teach Wants
Can you learn economics from the weather? Students will be able to integrate science, math, and economics through this engaging...
Key Concepts: Consumers, Economic Wants
Grades K-2
A New Coat for Anna - Barter and Trade
By reading the book "A New Coat for Anna" students will learn about resources and trade/bartering through a young girl,...
Key Concepts: Barter, Money, Resources
Grades K-2, 3-5
Opportunity Cost - Consumers
Key Concepts: Consumers, Decision Making/Cost-Benefit Analysis, Producers…
Grades K-2
Human Resources and Capital Resources: It's A Match!
Students will define and identify human resources and capital resources workers use in their jobs.
Key Concepts: Goods and Services
Grades K-2
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
Grades K-2
Teach About Scarcity with "The Mitten"
This is a folktale retold by Jan Brett about a little boy whose grandmother knits him a pair of snow...
Key Concepts: Scarcity
Grades K-2, 3-5
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…
Grades K-2
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
Grades K-2, 3-5
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…