Grade K-2, 3-5

Scarcity – Playful Economics | Lesson and Demo

Updated: September 1 2023,

Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, demonstrates how to use play dough to teach the concept of scarcity to her 5th grade students using a lesson from Playful Economics by Dr. Harlan Day. Playful Economics is a collection of 15 hands-on lessons for K-5 students that use modeling clay to teach economic concepts from goods and services to GDP and inflation. For more information or to purchase this publication, please visit CEE’s

Playful Economics – Scarcity Lesson 3 PDF