Council for Economic Education
A Perfect Pet
Students read the story "The Perfect Pet". They examine how scarcity is a problem in society when people can not have everything they want which forces them to make (economic) choices.
Curated OER
Sharing is Caring
Learners sharpen their problem solving skills. In this service learning lesson, students work collaboratively to solve a problem involving scarcity.
Curated OER
Distribution of Goods
Students study the concept of scarcity and that it requires people to make choices when trying to satisfy their unlimited wants. Groups are given bags of items and must distribute the items in the bag in a way that is acceptable to...
Curated OER
Econ in a Bag
Here is a nice idea, have your young entrepeneurs form their own companies. Each company is given a paper bad to locate and place resources in that they can use to create products their businesses sell on Sale Day. They identify and...
Curated OER
Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
Illustrative Mathematics
Field Day Scarcity
Introduce young mathematicians to concepts of financial literacy with this open-ended word problem. With seven dollars to spend during field day and given a list of available items and their prices, children must determine how they want...
Curated OER
The Mitten
Students read the book, The Mitten and make a list of animals that moved into the mitten. For this literature lesson, students discuss why we like to have nice, warm places to live, and what happens when there isn't enough space for...
Earth Day Network
Conserving Water Through Art!
Having fresh, clean drinking water is a privilege many people take for granted. Help raise awareness about the scarcity of water and the importance of conservation by discussing different ways water is used in everyday life. Brainstorm...
Curated OER
Conserving Water through Art!
Students study water conservation. In this water conservation lesson, students investigate the scarcity of water and determine reasons for conserving water. Students estimate how much water they use in one day and identify ways to...
Workforce Solutions
Workforce Solutions 2-3 Lessons
Four lessons and an at-home connection examine 12 jobs. Beginning with an interactive map, scholars view and discuss each one within their small group. Groups focus on the products provided and on their scarcity. Finally, pupils look...
Curated OER
Money Smart children
Students elementary financial vocabulary words: spend, save, invest and donate. In this finance instructional activity, students respond to the story "Sam and the Lucky Moon." Students describe the concepts of wants and needs, resources,...
Advocates for Human Rights
The Right to a Clean Environment: Water
First, young citizens learn about water consumption by doing some research themselves on their home water usage and sharing their findings with the class. Then, they do some brainstorming and devise a plan to reduce water consumption.
Curated OER
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...
Curated OER
Lemonade For Sale
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural...
PricewaterhouseCoopers
Conservation: Water
Here is a fantastic experiment-based lesson on water conservation, waste, and filtration. The lesson plan is well-developed and provides background information, discussion leads, and six scripted lab activities anyone can do. The class...
Curated OER
In Great Demand
Focusing on supply and demand, learners discuss economic principles in this lesson related to Wisconsin. After discussing supply and demand, learners answer questions related to a pizza parlor. They talk about profit, as well as other...
Curated OER
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....
Curated OER
A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
Curated OER
World Hunger
Students discover the benefits of balanced nutrition. In this service learning lesson, students read Beatrice's Goat and create a poster featuring the Heifer International Project.
Curated OER
Bringing the Rain to Kapiti Plain
Students identify the African Plains and the plants and animals that are found on the plain, which are of a benefit to humans. They listen to the story and actively participate in a choral reading of Bringing the Rain to Kapiti Plain.
Curated OER
What Is a Business?
Students discover how to maintain successful businesses as they assume the roles of owners and drivers of their own ice cream trucks.
Curated OER
Introduction to Economics
Students demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from personal...
Curated OER
Eco the Gecko and the Story of Economics
Second graders explore the basic concepts of economics through a puppet called Eco the Gecko.
Curated OER
Market Day Adventure
Second graders participate in the Market Day project. They produce goods, market goods, and earn money to buy goods.
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