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Economics
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...
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Economics Quiz
In this economic worksheet, learners answer 55 multiple-choice questions. Most of the questions are microeconomic in nature but there are macroeconomics questions as well.
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What Do You Want to Sell?
Students explore how companies describe their products and services. They write business plans for companies based on their interests or needs.
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Consumer Confusion: Wants versus Needs and Gandhi's Wisdom
Fourth graders create graphs to illustrate consumer consumption throughout the world. In this consumer lesson plan, 4th graders also discuss wants and needs around the world, and consider Gandhi's opinion on material possessions as they...
Education Fund
Fear the Scarce Resources
In a life or death situation, what resources would you choose to survive—and why? A zombie attack simulation teaches learners the concepts of scarcity and resources in regards to economics. The hands-on activity requires individuals to...
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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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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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Lesson Plan on Wants and Needs
First graders examine and discuss the difference between what they need to live and what they want. They examine pictures from magazines and newspaper ads, distinguishing between whether they are wants or needs.
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Lesson on economic value of education
Students use economic reasoning to analyze both the short-term and long-term benefits and opportunity costs of educational choices, identify incentives that may influence students' career decisions and solve an "economic mystery"
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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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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...
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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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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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Needs & Wants
Second graders determine the definitions of needs and wants. They write the definitions down and make a personal list explaining their own wants and needs. They cut out pictures from magazines showing their wants and needs which they...
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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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Needs And Wants
Students make cards illustrating things they think they need and want to be healthy and happy. Groups then sort these cards into "wants" and "needs." The whole class discusses what it means when people's basic needs are not met and the...
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Needs and Wants
Students examine the difference between needs and wants. In this consumption lesson, students illustrate their needs and wants and discuss their own reasons for buying things. They also discuss the connection between their choices and...
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Want To... / Need To... / Have To.....
Students demonstrate how to express needs, wants, and obligations. They observe a teacher-led demonstration, complete a worksheet, and listen to a recorded dialogue.
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Needs and Wants
Students demonstrate responsible consumer choices. In this social studies lesson plan, students read The Lorax and discuss wants and needs. Students discuss how to save natural resources by making informed consumer choices.
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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...
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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 instructional activity is highly engaging and enables them to discover how economics can be an exciting...
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Introduction To Business
Students determine the difference between wants and needs. They take a 10 question quiz which they must pass with 80% accuracy. They play teacher made game entitled Business Feud.
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Marriage and Financial Goals, Budgeting Strategies
There is no more useful life skill to learn than budgeting and setting financial goals. It's math that is used by every person, everyday. Learners examine the responsibilities and costs involved in family economics. Through a series of...
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Chapter 12: Fiscal Policy
Uncle Sam wants YOU...to understand fiscal policy! With clear bullet points and informative graphs, your budding economists will understand the finer points of fiscal policy and its implications within the American economy, as well as...