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Economics Teacher Resources
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Third graders look at pictures of assembly lines to determine the economics associated with them. In this economics lesson, 3rd graders determine what historical images can tell about how assembly lines affect the economy. They learn the associated vocabulary such as producers, goods, interdependence, and supply and demand.
Fourth graders study the effects of economics in their daily life. In this economics lesson plan, 4th graders construct a list of wants and needs if they had an unlimited supply of money. Students discuss how economics help people make decisions with their money. Students select an article from a magazine that is related to economics.
Help develop assertive, critical-thinking skills that enhance growth and change while teaching economics. In groups, select a topic from a list and then discuss the pros and cons of each topic. Debate why advertising is necessary to our economy. End with individuals writing a critque of the issue they discussed in their group.
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through the prices they offer, to supply the goods each wants, and that there is nothing mysterious about this process.
Students research economic systems. In this economy lesson, students prepare and deliver a presentation based on their research of the three major types of economic systems. This lesson includes 6 activities which are designed to further their understanding of market economy.
Examine the North Carolina craft revival. In this economics lesson, explore the historical challenges that face North Carolinians in the early 1900's and research primary sources to determine how the craft revival came to be. As a culminating activity, students design visual webs that feature their research findings.
Eighth graders examine the history of South Carolina's military bases. In this South Carolina history lesson, 8th graders discover details about the history and economic impact of military bases in the state. Students analyze primary sources relative to the topic and share their findings with their classmates.
Students examine and compare various incentive programs encouraging students to stay in school. They also discover how economic disincentive programs can motivate students not to drop out. In small groups, they role-play as consulting firms assigned the task of designing incentive programs.