Curated OER
TECH: The Trading Game
Property ownership, restricted trade, and free trade are the topics of this game. Kids play a trade game to better understand the interrelationship between technology, economics, and personal choices. Rules to the game and a series of...
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Budgeting (Part 1)
Young scholars examine why a budget may be helpful. In this budgeting lesson, students graph how they spent money during the past week. They discuss the benefits of creating a budget and explore the difference between wants and needs.
Center for Entrepreneurship and Economic Education
Popcorn Economics
Scarcity of resources is a fundamental economics concepts that kids need to understand. You'll use a large bag of popcorn to demonstrate this concept. Have the class come up row-by-row to fill their snack bags with popcorn. By the last...
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Who Wants to Spend $20,000?
Who wouldn't want $20,000 to spend? But, the question becomes, what do you spend it on? Learners discuss loans, interest, and making adult-like financial decisions. They role-play a scenario that depicts the choices of a girl who took...
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Scarcity, Choice and Decisions
Students study the basic economic trilogy (scarcity, choice, and costs). For this money management lesson, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets...
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Potato: A Tale from the Great Depression
Students barter for goods within the class. In this economics lesson based on the Great Depression, the teacher introduces the lesson with a picture book, then students are allowed to barter with teacher supplied goods as they examine...
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Makes Cents to Me: Penny Drive
St that people have wants and must find ways to get them. In this philanthropy lesson, young scholars understand the ways people get things and arrange a penny drive to help others. Students arrange an artistic project to reflect on...
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Having a Savings Plan
Students discover the importance of saving and spending. In this finance instructional activity, students read the book Kermit the Hermit and discuss the differences between needs and wants. The students complete worksheets concerning...
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Economics Quiz
In this economic worksheet, students answer 55 multiple-choice questions. Most of the questions are microeconomic in nature but there are macroeconomics questions as well.
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Introduction to Economics
Students discover the basic economic problem: scarcity; examine how "there is no such thing as a free lunch" (opportunity costs); and define economics. They act out a play demonstrating basic economic principles.
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Needs and Wants
Students examine the difference between needs and wants. In this consumption lesson plan, students illustrate their needs and wants and discuss their own reasons for buying things. They also discuss the connection between their choices...
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Making Money
Learners explore the value of money and how to manage it, as well as ways to make money. They define wants and needs and set goals to help achieve a want.
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2nd Grade Social Studies
Having a basic understanding to how our economy works is a great way to help students understand the world around them. This Social Studies presentation focuses on defining the concepts of trade, goods, service, wants, needs, and...
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Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
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Needs versus Wants
Second graders explore the difference between needs and wants. They explore the three important things that people need to survive.
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Popcorn Economics
Students examine the concept of scarcity. In this economics lesson, students define scarcity and take part in an activity that illustrates the concept as it relates to goods and services.
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Determining Needs Versus Wants
Students discriminate between a need and a want in home buying. They write a detailed description of their dream home. Finally they categorize each of their listed home features as a need or a want.
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Investigations in Aid: Identifying the Need
Young scholars investigate the needs in emerging nations. In this emerging nations lesson, students research the conditions for needs in the given countries. Young scholars are assigned to the country groups of Honduras, Nigeria, Bosnia,...
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Everybody Needs
Pupils compare cultures. In this needs and wants lesson, students discuss the basic necessities of life and what they need in a day in order to survive. Pupils also discuss how these needs might change if they lived in another country....
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Economics Lesson: The Real McCoy
Students research the origination of the expression "The Real McCoy." In this economics research lesson, students read the book The Real McCoy. Students examine Elijah McCoy and his invention of the oil cup and how it relates to the...
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Needs of the Family
Students investigate the needs that need to met in order for a family to survive and flourish.
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Human Needs
Students investigate human needs and how they have adapted to different environments. They complete an experiment to discover the effect of stress on muscles. They use the food pyramid to create a plan for healthy eating.
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Show-Me Economics
Third graders distinguish between savings and spending. Students graph out a variety of important Economic concepts/vocabulary. They set up an imaginary job to save money and spend money.
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Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...