Federal Reserve Bank
Saturday Sancocho
What does stew have to do with bartering? Learners will find out how by reading the story Saturday Sancocho, discussing the text, participating in a bartering activity in class (once with goods only and once with money), and discussing...
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Saturday Sancocho
Students barter with each other in order to get ingredients to make chicken sancocho. In this trading lesson plan, students read a story about a family in Central or South America who have to barter to get their needs. Then students try...
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Market Simulation
Students explore the role of markets in Asian countries. They bring items from home to barter with to simulate markets. They discuss the advantages and problems of exchanging and how price is determined.
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Learning Economics through Comics
Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...
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African Markets: Out in the Open
Learners identify advantages and disadvantages of African open air markets. They discuss the types of items sold there and why the markets are outdoors. They observe a bartering session between the teacher and another adult. Finally,...
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The Plant Bartering System
Fifth graders explore plant characteristics by viewing a flower and seed presentation. In this environmental adaptation lesson, 5th graders identify specific traits plants have in order to allow them to grow in different climates whether...
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America's Heartland
Students complete geography and trade activities about global trade. In this geography and trade lesson, students read information to learn about absolute advantage, comparative advantage, trade factors, U.S. trade partners, and...
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Markets of Africa
Students identify one advantage and one disadvantage to open air markets in Africa. students create a mural on paper to be hung on the classroom wall. Small groups make a stand of something that would be sold at an open air market.
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Discovering Math Concepts in Business Mathematics, Economics, and Finance
Explore the concept of money and research its origin. There are many concepts related to business math, thusly, there are many formulas used to make calculations around money. Exchange rates of money in different countries, interest,...
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Westward Expansion
Fifth graders create a brochure outlining what he or she has studied throughout the unit. The brochure contains evidence that Students have understood and mastered the answers to the essential questions.
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The Secret Life of Money Part 1
Students explore money, how its value determined, and how mere slips of paper or coins, and in today's high-tech world electronic blips, represent the wealth of a nation.
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Basic Trading
Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...